Market-agnostic Lending

Nucleus is partnered with Ion Protocol, a completely price-agnostic lending platform that leverages provable validator-backed data to allow users to borrow ETH and other staked/restaked assets against their LSTs and restaking positions.

• All loan positions in Ion are price-agnostic, and their parameters (interest rates, LTVs, position health, etc.) are determined by consensus layer data.

• This means liquidations are triggered by changes in consensus layer state, not by price oracles, meaning the only insolvency risk users are exposed are derived by slashing.

Nucleus can deposit any combination of the following collateral types into the protocol's lending markets at scale:

1. LSTs

2. LST LP Positions

3. Restaking Positions

4. Liquid Restaking Positions (LRTs)

5. Staked LST LP Positions (e.g. Aura Finance’s ERC-4626 positions)

Nucleus can lend capital within its vaults to these markets, generating returns on top of the base rewards of their collateral.