Mark Cuban's Bane: How Iron Finance's $TITAN Crypto Crashed From $60 to $0

Written by Cryptonite | Published 2021/06/19
Tech Story Tags: cryptocurrency | yield-farming | defi-top-story | polygon | matic-network | binance | crypto | hackernoon-top-story | web-monetization

TLDR Decentralized finance (DeFi) is one the biggest and most exciting spaces in the crypto world. Yield Farming is a way for investors to earn passive income by buying and locking up your crypto vaults to be used by defi applications. Iron Finance is a multi-chain stablecoin protocol with it's own stablecoin called IRON. It's backed by collateral including BUSD, USDT and USDC. The rest of it's value is backed by TITAN a volatile cryptocurrency that is used to mint new IRON tokens.via the TL;DR App

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Written by Cryptonite | Cryptocurrency & Tech Writer.
Published by HackerNoon on 2021/06/19