😄Welcome to Xionis

XIONIS is an innovative cross-chain lending platform that bridges the gap between the Cosmos and EVM ecosystems, providing seamless and efficient access to decentralized finance.

The Problems We Solve

1. Complexity of Access: Accessing the Cosmos and CosmWasm ecosystems can be intimidating for crypto beginners accustomed to EVM chains like Arbitrum and Avalanche. XIONIS simplifies this process, allowing users to leverage their existing stablecoins to secure loans on our platform without the steep learning curve.

2. Inefficiencies in Collateralization: Borrowers often face high collateralization requirements. With XIONIS, we solve this by using the Reclaim Protocol to calculate credit scores. For users with favorable scores—e.g., those not found involved in malicious activities like rug pulls—collateral requirements are reduced, making borrowing more accessible and equitable.

3. Limited Ecosystem Support in Cross-Chain Lending: By 2023, the total value locked (TVL) in cross-chain bridges surpassed $10 billion, but the majority was concentrated in EVM ecosystems. As more users join the blockchain ecosystem, it’s crucial to create a user-friendly platform that extends the benefits of cross-chain DeFi to non-EVM chains like XION and beyond.

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Key Features

1. Dynamic Collateralization

XIONIS integrates Pyth's price feed to dynamically assess and update collateral values in real-time. This ensures borrowers always get fair terms based on current market conditions.

2. Credit Scoring with Reclaim Protocol

We leverage the Reclaim Protocol to analyze user histories and calculate credit scores. Borrowers with positive credit records benefit from reduced collateral requirements, making the platform more inclusive and rewarding for responsible users.

3. Governance-Driven Ecosystem

Borrowers earn governance tokens for participating on the platform. These tokens enable them to vote on key proposals, ensuring the community has a say in shaping the future of XIONIS.

4. Cross-Chain Compatibility

XIONIS provides seamless access for users from EVM ecosystems, allowing them to bring their stablecoins and interact effortlessly with the Cosmos and XION ecosystems.

5. Support for XION Meta Accounts

XIONIS uses XION meta accounts using Account Abstraxion SDKs in order to allow easy onboarding for the users without any hassle.