Stablecoin - a digital asset that is pegged to fiat currency - is considered as the most important cornerstone in DeFi. Stablecoins provide an excellent method to park money during trading or to use as a base currency. The most prominent use case of stablecoins is stability and how it helps cryptocurrency users, especially traders, hedge against volatility. There are several types of stablecoins, including fiat-backed, crypto-collateralized, and algorithmically stabilized stablecoins. While fiat-backed stablecoins are not 100% decentralized, crypto-collateralized stablecoins like DAI have issues of over-collateralization. On the other hand, purely algorithmic protocols such as Basis, ESD, DSD and others provide a very noble solution to establish stablecoins with no backed assets. The issue with purely algorithmic protocols is their ability to react on volatility, which results in many of these algo-stablecoins ending up in deadzone. Inspired by FRAX - the unique fractional-algorithmic stablecoin on Ethereum, using the same design, we’d like to introduce IRON, the first partial-collateralized stablecoin on Binance Smart Chain. Iron protocol will have 2 tokens: IRON and STEEL. 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. The ratio of collateralized and algorithmic, so called Collateral Ratio (CR), depends on the market pricing of IRON. The ratio of collateralized and algorithmic assets will depend on the market price of IRON. If IRON > $1, meaning the market's demand for IRON is high, the system can de-collateralize by decreasing the CR. If IRON
Daily trade volume is 2.27 GBP.
The Iron BSC price today in GBP is 0.01090193. Through the Iron BSC price history, the price ranges from 1.74 GBP (all time high) to 0.00738013 GBP (all time low). Iron BSC price last 24 hours fluctuated from 0.01096731 GBP (24h high) to 0.01081199 GBP (24h low).
Check the Iron BSC value today and exchange rates with more than 15 cryptocurrencies and fiat currencies including USD EUR GBP CNY JPY BRL RUB UAH INR CZK VND TRY CHF SEK BTC ETH BNB
Homepage: https://iron.finance/
Block explorers: https://bscscan.com/token/0x7b65b489fe53fce1f6548db886c08ad73111ddd8 https://ftmscan.com/token/0x260b3e40c714ce8196465ec824cd8bb915081812 https://scan.meter.io/address/0x260b3e40c714ce8196465ec824cd8bb915081812 https://ftmscan.com/address/0x260b3e40c714ce8196465ec824cd8bb915081812 https://binplorer.com/address/0x7b65b489fe53fce1f6548db886c08ad73111ddd8
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Twitter: https://twitter.com/IronFinance/
Iron BSC live price may differ in various exchanges. Check IRON real-time data to make informed decisions.
You can buy Iron BSC on decentralised or centralised exchanges, via p2p transfers or in individual direct transactions. REVENUEBOT offers an automated trading bot that helps among other things to buy and sell IRON at predefined levels. This way, no matter, day or night, there is no chance to miss the next move. The REVENUEBOT Iron BSC trading robot will buy and sell following the strategy chosen by you.
In short, yes. But manual transactions, however fast, still can not be done in less than a second. That is why automated trading took over both traditional and crypto financial markets. Use the current price of Iron BSC and trade with REVENUEBOT in less than a second.
In short, only if the current value of Iron BSC will be less than the value of Iron BSC at the moment of selling in the future. The Iron BSC chart can only assist the Iron BSC value today versus tomorrow, or the distant future. No one can guarantee you the profit but the REVENUEBOT is free until it brings you money. Please note that information concerning current Iron BSC value or any other information on this page can not be considered investment, trading, financial advice or any sort of recommendation to act in the financial market. The content is provided for informational purposes only.
The answer to these questions depends on the IRON supply. Check the Iron BSC live chart to see the current supply and predict how long it will take for the coins to run out.
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