Iron BSC current market price is $0.0135 with a 24 hour trading volume of $1. The total available supply of Iron BSC is 0 IRON. It has secured Rank (Not Available) in the cryptocurrency market with a marketcap of $0. The IRON price is 0.06% up in the last 24 hours.
The lowest price of the Iron BSC is $0.0134 & the highest price is $0.0136 in the last 24 hours. Live Iron BSC prices from all markets and IRON coin market Capitalization. Stay up to date with the latest Iron BSC price movements. Check our coin stats data and see when there is an opportunity to buy or sell Iron BSC at best price in the market.
$0.0135
$0 0.06%
$0.0134 / $0.0136
$0 0%
$5,605
$1
0 IRON
(Not Available)
0.06%
0.88%
0.53%
2.96%
34.4%
20.77%
Compare live prices of Iron BSC on top exchanges.
| # | Exchange | Pair | Price | Volume (24h) | Trust Score |
|---|---|---|---|---|---|
 vSwap BSC | 0X7B65B.../BUSD | $0.0135 | $1 | gray |
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
Seigniorage Decentralized Finance (DeFi) Stablecoins