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K@KamHus more from that month

I don't know if this changes anything but IronFinance doesn't officially admit the rug pull. The fact is the whole protocol's foundation was flawed. Basically IRON was being minted by locking up TITAN and USDC tokens (25% for the former, 75% for the latter). So 25% was dependent on the price of TITAN. When its price dropped, the vicious cycle of IRON losing its peg and TITAN keeping to be sold off continued until it all went down to zero. No matter the hype or what celebrity is in the project, it doesn't justify unrealistic returns. That's how Ponzis work, don't they?

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