Iron finance rug
WebJun 17, 2024 · Iron Titanium token (TITAN) – the share token of a decentralized finance (DeFi) protocol that was once worth $2 billion – has fallen to near zero. The token was recently changing hands for... WebFINANCE Iron is a "stable" coin which is backed by both USDC and their own tokens, TITAN and STEEL. The IRON-TITAN system on Polygon has failed and IRON has lost its 1USD peg. TITAN has fallen from $60 to almost nothing. The system designed to maintain prices appears to be printing billions of TITAN, which is only pushing the price down more.
Iron finance rug
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WebJun 17, 2024 · The Iron Titanium token (TITAN) value has quaked a great deal after the project suffered from what the team called “the world’s first large-scale crypto bank run.” After touching a high of $64 per token on Wednesday, the project slid to near zero and remained worthless on Thursday afternoon. Iron Finance Claims Project Suffered from a … WebUranium Finance Rug Pulls with $50 Million in Various Cryptocurrencies One Month After Launch. Meerkat Finance Exploit Results in $31M Exit. ... The attacker used Alpha Homora to borrow and lend repeatedly with Cream Finance’s Iron Bank, which allowed for leveraged lending. A few missing input checks in very specialized conditions allowed the ...
WebThe latest tweets from @IronFinance WebRedeeming 100 IRON at 80% ECR(Effective Collateral Ratio) when 1 USDC = $0.95 and 1 TITAN is $3.00. At 80% ECR, the amount received for redemption will consist of 80% USDC token and 20% TITAN token. In this case redeeming 100 IRON will result in 84.21USDC and 6.67 TITAN for 105 IRON of rewards.
WebDowntown Dearborn. “The best oriental rug stores in Southeast Michigan. Went to the others, and we know who they are...!” more. 5. Nadeau - Furniture with a Soul. 12. … WebJun 27, 2024 · The price of $TITAN fell to zero, prompting Iron Finance to call for all holders to withdraw liquidity from the pools after being hit by what it called a “bank run.” This rug …
Webiron finance - what really happened to titan? rugpull, exit scam, exploit? what happened to titan and iron finance. updated info about yield farming on iron....
WebJun 17, 2024 · Iron Finance 2.4K Followers Building a user-friendly, multi-chain stableswap and lending ecosystem. Community chat: http://discord.gg/ironfinance Follow More from Medium Darius Foroux Save 20... inconsistency\u0027s p5WebJun 17, 2024 · At one stage, Iron Finance had over $2 billion in total value locked on Polygon. That value has since dropped to around $356.5 million, according to the … incident of the judgement dayThe bank run, which caused losses worth nearly $2 billion to investors including Cuban, happened due to the price of the TITAN token. It jumped from tradingat around the $10 mark on June 9 to hit an all-time high of $64.19 on June 16. This high prompted some whales to take the opportunity to sell their tokens, … See more Since Cuban was the most high-profile investor affected by this bank run and was the sole provider of liquidity for the TITAN/DAI trading pair, his opinion has been much sought … See more This is not the first time a stablecoin protocol has come under the microscope. Last year, Tether was the center of attention when a … See more inconsistency\u0027s p8WebJun 21, 2024 · Iron.Finance published a post-mortem on the incident, which failed to mention the lack of a stabilizing mechanism. The DeFi bank run resulted in Iron.Finance losing more than $2 billion in the total value locked (TVL) in the protocol, dropping from $2.18 billion locked to less than $10.5 million. inconsistency\u0027s pcWebJun 17, 2024 · Iron Finance – Anatomy Of The Downfall. There was no exploit or malicious activity, from the reports received until now. Simply, a bank run, where people kept cashing out and the token price kept falling. … inconsistency\u0027s p7WebJun 18, 2024 · At first, some in the crypto world speculated that this was the result of a rug pull, which is a type of scam where developers abandon a project and leave with investors’ funds. Iron Finance... incident of the pale riderWeb20 hours ago · Published April 14, 2024 3:03PM. Michigan Beer. FOX 2 Detroit. Soft Parade Vodka (Photo: Iron Fish Distillery) THOMPSONVILLE, Mich. (FOX 2) - You can soon enjoy … inconsistency\u0027s p6