Iron BSC (IRON)
IRON

Iron BSC IRON

Last price update: 26 March
$ 0.013
Price Min/Max
24 hrs
0
0
30 days
$ 0.0099
$ 0.02
1 year
$ 0.0094
$ 0.98
Market Cap
#7111
Trading Volume, 24h
$ 4.66
Supply token

Today Iron BSC (IRON) During the week, the minimum price for Iron BSC (IRON) is fixed on Saturday at 0.01 cent. Currently, the token Iron BSC is trading in the range of 1.31 cent or 1.21 rubles for 1 IRON.

Price of Iron BSC (IRON)

Exchanges where IRON is traded

No data

Calculator IRON

IRON
USDT

1 IRON = 0.01 USD

What is Iron BSC?

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

How to add Iron BSC to Metamask?

To add IRON to the metamask you need:

  1. In the wallet select the desired network and then in the cryptocurrencies section scroll to the bottom - click "Import tokens".
  2. Copy the smart contract address for Iron BSC from the list below.
  3. Paste into the "Smart Contract Address" field.
  4. Click the "Add Custom Token" button.

The IRON is available on the 2 blockchain сетях. Below is a list of Iron BSC smartcontract addresses to add to the metamask:

  • BNB Smart Chain - 0x7b65b489fe53fce1f6548db886c08ad73111ddd8
  • Fantom - 0x260b3e40c714ce8196465ec824cd8bb915081812

Official websites and links for Iron BSC

There are currently about 4 official links to Iron BSC websites and social media:

Similar Cryptocurrencies

WaykiChain Governance Coin
$0.01
100.01%
Reon
$0.01
-66.68%
MEMETOON
$0.01
10.06%
Beebox
$0.01
28.96%
Electric Vehicle Zone
$0.01
13.81%
Medieval Empires
$0.01
34.12%
Yamfore
$0.01
7.95%
Buddy DAO
$0.01
0%
Fantaverse
$0.01
89.6%