WebSchedule an appointment. We know your time is valuable. Our specialists are ready to help at your convenience. Investing in securities involves risks, and there is always the … WebJun 17, 2024 · IRON (the stablecoin) is collateralized by a combination of USDC and TITAN and the ratio of USDC to the total IRON supply is called the Collateral Ratio. When demand for IRON exceeds supply and it trades above $1 on the open market, users can mint IRON by supplying $1 worth of USDC and TITAN.
In Token Crash Postmortem, Iron Finance Says It Suffered
WebApr 13, 2024 · 2/ Stats: ⭐ Iron Bank offers both under-collateralized and un-collateralized loans 🏁 Remarkably consistent cred scores across Iron Bank protocols 🌍 Current active borrowers have an average of 2.1 open borrows 1 1 Cred Protocol @cred_protocol · Apr 13 WebMar 10, 2024 · Iron Bank’s TVL stands at $21.2M. Alpha Homora and Iron Bank operate in partnership through a “protocol-to-protocol lending mechanism.” Exploit Debt After Alpha incurred $32M worth of bad debt in February 2024 from a malicious exploit, the two protocols agreed the debt would be paid down over time with 20% of Alpha Homora’s … how many weeks notice for redundancy
Alpha Homora Offers $32M In
WebMar 8, 2024 · On March 1st, 2024, Iron Bank paused Alpha Homora’s protocol lending accounts. Specifically, Iron Bank changed the smart contract config so lenders cannot withdraw their liquidity. The Alpha Homora Perspective. According to a letter from Alpha Homora, Iron Bank raised concerns for a third time regarding the undercollaterized debt … Web2 days ago · Comerica Bank. Apr 12, 2024, 16:35 ET. DALLAS, April 12, 2024 /PRNewswire/ -- The Comerica Michigan Economic Activity Index fell 3.9% annualized in the three months … WebJul 16, 2024 · When we launched the Iron Bank in January 2024, it was the first Protocol-to-Protocol lending platform and liquidity backstop for the DeFi ecosystem. how many weeks november