Iron coin price & infoCheck Iron (IRON) up-to-date price information and discover similar coins to IRON based on volume or price.
Data last updated about 3 hours agoIRON All Time Low/High: €0.493015 (+58%) / €0.946065 (-18%)
Disclaimer: All iron price data is sourced from a third-party site. While we try to always offer correct and up-to-date iron price data, it can sometimes be wrong. So we suggest you pay attention to any abnormalities yourself and take all iron price as well as iron price change information brought out above with a grain of salt.
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 vo...latility.
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 Read more
|Cryptocurrency: Iron||Symbol: IRON|
|Market Cap: 0||Rank: 0||Volume: 1300.31|
|You can buy IRON for||USDT|
Iron (IRON) live price chart
Cryptos with similar price movements as IRON
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How big was Iron coin volume within the last 24h?
Iron (IRON) last recorded volume was € 1300.31.
How much has Iron coin price changed during the last week?
IRON price has changed during the last 7 days -10.3342 %.
How much has Iron price changed during the 30 days?
IRON price has changed during the last 30 days -10.4982 %.
How much has Iron price changed during one year?
IRON price has changed during the last year 0 %.
Is IRON coin close to its All Time High price?
IRON all time high price (ath) is €0.946065. Its current price is €0.77734. This means that the difference between Iron (IRON) All Time High price and IRON current price is -18%.
Where can you trade Iron?
Iron is currently listed on at least these crypto exchanges: Hotbit and possibly some others.