What is the IRON token?
STEEL – Iron Share – is the algorithmic token which accrues seigniorage revenue and excess collateral value . IRON is a stablecoin pegged to $1, partially backed by collateral like BUSD, USDT and partially backed algorithmically by STEEL.
How do I get IRON tokens?
How to buy IRON Titanium Token
- Check CoinMarketCap to see where you can buy IRON Titanium Token and with which currencies. For each cryptocurrency, CoinMarketCap provides a list of purchasing options (also known as market pairs).
- Pick a platform to make your purchase.
- Make the purchase on your chosen platform.
What happened IRON Titan token?
Titan Token – one of the cryptocurrencies under Iron Finance’s belt, crashed to almost $0 in a sudden DeFi ‘bank run’. The field of decentralized finance is one where there’s a non-zero chance of protocol failure.
Is IRON a stablecoin?
IRON is a stablecoin pegged around $1, partially backed by collateral like BUSD, USDT and partially backed algorithmically by SIL. The ratio of collateralized and algorithmic, so-called Collateral Ratio (CR), depends on the market price of IRON.
Does Mark Cuban own Bitcoin?
Mark Cuban: Bitcoin and dogecoin Cuban also owns bitcoin and other altcoins like ether, according to CNBC.
Can the Titan be recovered?
In a very short period of time, the fortunes of TITAN have been restored, and a once very bleak future is now full of hope. TITAN lives freely on Polygon, a layer 2 Ethereum scaling solution with next to no transaction costs.
How many iron titanium tokens are there?
TITAN is unique as its total supply has already been minted and it is capped at 35 trillion.
What is iron titanium Crypto?
Titan is a DeFi token built on the Polygon blockchain. It existed to back the IRON stablecoin developed by Iron Finance. For IRON, a stablecoin pegged to the US dollar, these reserves were backed by 75% of USDC – another stablecoin – and 25% of Titan tokens.
How much did Mark Cuban lose on iron?
Billionaire investor Mark Cuban of Shark Tank fame was hit after the cryptocurrency token Iron Titanium crashed to zero dollars following a panic selloff from a high of over $64 within hours.
What crypto is Mark Cuban investing in?
Mark Cuban: Bitcoin and dogecoin “Shark Tank” co-host and investor Mark Cuban, in August, said he owned $500 worth of dogecoin and that his investment increased to $1,500 as of October, he told FOX Business. Cuban also owns bitcoin and other altcoins like ether, according to CNBC.
Will Iron Finance come back?
Iron Finance starting again The Binance Smart Chain-based partially collateralized stablecoin project suffered a token collapse in mid-June. The relaunch will include a new official Iron Finance token called ICE to replace the now-defunct TITAN token.
What happened to Iron Finance?
On June 16, 2021, Iron. Finance suffered an incident that resulted in TITAN, the governance token that backs the stablecoin. More IRON, crashing nearly 100% in what is being called “the world’s first large-scale crypto bank run.” As a result of TITAN’s crash, the price of the IRON stablecoin moved off peg.
What happened to ironiron Finance’s Titan token?
Iron Finance called the collapse of its iron titanium token (TITAN) “the world’s first large-scale crypto bank run.” The price of the token is $0.000000029585 at the time of writing.
What is the price of iron titanium token today?
The live IRON Titanium Token price today is $3.46e-7 USD with a 24-hour trading volume of $226,608 USD. We update our TITAN to USD price in real-time. IRON Titanium Token is down 10.61% in the last 24 hours.
What is Titan token (Titan)?
IRON Titanium token (TITAN) became the community token of TITANDAO in June 2021 after its original founders (IRON Finance) renounced TITAN’s ownership on Twitter following the bank run suffered by their protocol. Why TITAN Is A Community Token Like No Other? TITAN was developed by IRON Finance.
What is the price of iron (iron)?
? Iron price today is $0.990619 with a 24-hour trading volume of $13,591. IRON price is down -0.5% in the last 24 hours. It has a circulating supply of 0 IRON coins and a total supply of 40.7 Million.
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