Dear Respected Users,
Hotbit is scheduled to list IRON (IRON Stablecoin) on Global Section and launch【IRON DeFi Smart Pool Investment product】
Expected Rate Of Annualized Return：50%（The rate of interest is determined by the daily updates of Hotbit’s official website）；Redemption Period：T+1
Deposit function launches at: 2021.03.16 05:00 AM UTC
Trading function launches at: 2021.03.16 07:00 AM UTC
Trading Pair: IRON/USDT
【Hotbit users exclusively enjoy “Minus Maker Means Minus Transaction Fee” mechanism. By placing and settling any maker order, the user will enjoy 0 transaction fee and an extra 0.30% of the trading volume of his/her maker order as reward on Global Section!】
Project Name: IRON Stablecoin
Iron protocol will have 2 tokens: IRON and SIL.
SIL - 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 SIL. The ratio of collateralized and algorithmic, so called Collateral Ratio (CR), depends on the market pricing of IRON.
Token type: BEP-20
Total supply: 12,975,274.39 IRON
Official Website: https://iron.finance/
The investment on cryptocurrency projects is subject to high market risks.Please make your investments cautiously. Hotbit will make best efforts to choose the cryptocurrency projects with high quality,but Hotbit will not be responsible for any of your investment losses.
Thank you for your support！
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