Iron finance defi

iron finance defi



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"Iron Finance is a partially collateralized stablecoin, which is similar to the fractional reserve banking of the modern world. When people panic and run over to the bank to withdraw their money in...

Iron Finance is a partially collateralized stablecoin platform based on the Binance Smart Chain ( BSC ). Sponsored Sponsored It reported that on March 16, two Iron Finance vFarm pools were "subject to an incident". This ordeal resulted in the loss of user deposits. It claims that an attacker managed to exploit the system and drain the pools.

Iron Titanium token (TITAN) - the share token of a decentralized finance (DeFi) protocol that was once worth $2 billion - has fallen to near zero. The token was recently changing hands for around...

The IronFinance fiasco also shows us why DeFi protocols shouldn't fully rely on human coordination, especially when under certain circumstances incentives work against the protocol. In theory, if people just stopped selling TITAN for a short period of time, the system would recover as it had previously done in the past.

Jun 17, 2021 Mark Cuban Hit by Iron Finance Token Crash, Calls for Defi Regulation Billionaire investor and Shark Tank star Mark Cuban has called for cryptocurrency regulation focusing on decentralized finance (defi) and stablecoins after a token he invested in collapsed from $64 to near zero.

In a month, Iron Finance has gone from being the darling of yield farmers to one of the biggest crashes in DeFi history. The partially collateralized stablecoin project expanded to the Polygon network on May 18 and quickly became the go-to protocol for earning insane yields -- it even received praise from Mark Cuban.

Technically, the domain address Iron.Finance was registered under NORSK HEDGE-FOND AS, a limited liability company based in Oslo, Norway. Its reported profit before tax in the year 2019 stands at a measly $326.30, which is basically nothing. As its name literally suggests, it is purportedly a hedge fund that deals in real estate.

The DeFiDecentralized Finance (DeFi) removes financial institutions ... Morebank run resulted in Iron.Finance losing more than $2 billionin the total value locked (TVL) in the protocol, dropping from $2.18 billion locked to less than $10.5 million.

Iron Finance's "Rug-Pull" and System Failure Iron Finance โ€” the DeFi protocol that managed to gather more than US$2B in TVL at its peak โ€” suffered a bank run which led to a complete collapse of its...

Iron Finance is a multi-chain DeFi protocol that launched the IRON stablecoin, a partially-collateralised token that is soft pegged to the U.S. Dollar and available both on Polygon and Binance ...

Pledge unlike other Defi 6 lending protocols can create various liquidity pools 7 with different maturities for a given crypto asset featuring fixed lending terms for each loan. 5. Venus Protocol. Venus Protocol is another relatively new decentralized finance project.

Iron is a partially collateralized stablecoin, soft-pegged to the U.S. dollar, on the Polygon network and Binance Smart Chain, according to its website . Stablecoins, which are typically pegged 1:1 to fiat currency, are cryptocurrencies that are designed to minimize price volatility.

July 8, 2021, 10:53 PM ยท 2 min read The embattled decentralized finance (DeFi) protocol Iron Finance is preparing for a relaunch with a new token following the collapse of its old one last month....

IronFinance initially launched on Binance Smart Chain in March 2021 and aimed at creating an ecosystem for a partially collateralized algorithmic stablecoin. As we know, building algorithmic...

Iron Finance's collapse raises big questions about the DeFi market The self-made billionaire Mark Cuban ("Shark Tank"), usually one of the loudest advocates for crypto assets like Dogecoin and recently an avowed fan of yield farming and liquidity mining, is concerned. Strangely enough, this time because of the unregulated crypto sphere.

Iron Finance is a DeFi protocol with two cryptocurrencies under its belt - IRON and Titan. IRON is supposed to act as a stablecoin, the value of which is pegged in an algorithmic way to TITAN and USDC. In essence, users can either mint or redeem IRON tokens through a mechanism that, in certain circumstances, drives up the demand for TITAN.

Iron Finance is a partially collateralized stablecoin platform based on the Binance Smart Chain (BSC). It reported that on March 16, two Iron Finance vFarm pools were "subject to an incident". This ordeal resulted in the loss of user deposits. It claims that an attacker managed to exploit the system and drain the pools.

Iron Finance, a decentralized finance (DeFi) project, saw the Iron Titanium (TITAN) token bottom quickly, plummeting over 99% in less than a day. More importantly, this is a project supported by billionaire Mark Cuban. Specifically, the Dallas Mavericks owner was a big bag holder of the share token TITAN.

Iron Finance, a DeFi project that issues a partially collateralized algorithmic stablecoin called IRON, has suffered a major incident. TITAN, the governance token that backed IRON, collapsed last night due to a massive selloff. The token price crashed from around $60 to $0.00000006, as per data from CoinGecko.

Iron Finance Relaunch! - Defi Yield Farming on the Polygon/Matic Blockchain. Defi Walk July 13, 2021. 21 Less than a minute. Follow Twitter Follow YouTube Channel Follow Telegram Channel Illuvium Airdrop Join Daily Airdrop. Iron Finance Relaunch is a yield farming DEFI cryptocurrency project. Make sure you invest crypto that you can only ...

Iron Finance, a partial-collateralized algorithmic stablecoin on Polygon and Binance Smart Chain, performed well over the past week. The DeFi platform has attracted a lot of new users despite an overall bearish climate in the industry. Iron Finance aims to boost the stability of the value of the token by introducing partial collateralization.

See how IRON Finance ranks in different categories. All. DeFi. Lending & Borrowing. Stablecoin. 63 71 79 87 95 Market & Community Score 72 75 78 81 85 Security Score. 67. 82. Current Project.

The embattled decentralized finance ( DeFi) protocol Iron Finance is preparing for a relaunch with a new token following the collapse of its old one last month. Sponsored Sponsored The announcement was made in a blog post this week in which the Iron Finance team stated that it plans to go live on the Polygon network on July 12. Sponsored Sponsored

Cream Finance and The Iron Bank - DeFi Rate Cream Finance and The Iron Bank By Jack Sun January 16, 2021 Cream Finance has announced their plans to launch a Cream v2 nicknamed "The Iron Bank". This new upgrade will enable trusted protocols like Alpha Finance and Yearn to borrow from Cream Finance without collateral. Introducing The Iron Bank ๐Ÿฆ

The founders of the DeFi project IRON Finance urged users to urgently withdraw funds from the pool after the TITAN tokens depreciated. The main reason for such a sad situation was called "banking panic". Today has been a real disaster for IRON (TITAN) token holders, as their losses amounted to almost 100% in less than 24 hours.

Decentralized finance (DeFi) protocol Iron Finance is preparing for a relaunch of a new token after the collapse of the previous one last month.

DeFi Iron Finance is set to relaunch today (Monday 12th of July, 2021) at 1 pm UTC (Coordinated Universal Time) on the Polygon (MATIC) network after a devastating bank run last month. The Relaunch. As mentioned before, the Iron Finance team announced a relaunch on the 12th of July at 1 pm UTC. The relaunch will come with a range of new features ...

IRON Finance's DeFi protocol team recommended that users should withdraw funds from the pools after IRON Titanium Token (TITAN) depreciated. The depreciation of the token was due to the so-called "banking panic", when the liquidity providers quickly and simultaneously tried to withdraw more funds from the platform than it has. This ...




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