IntroductionAs most of you are already aware, the Iron Finance team has
renounced ownership of the old TITAN token, it is now actively managed by the TitanDAO community initiative. As explained in our previous Medium article, STEEL, TITAN and DND tokens are no longer part of the Iron Finance products and ecosystem.
The new official Iron Finance token to replace the TITAN token will be the ICE token (=“TITANv2”). We were inspired by
A Song of Ice and Fire novels, where the Iron Throne is a well-known symbol.
ICE tokenomics🧊 Max supply 10 billion ICE (hard cap)
🧊 Max supply to be reached in 3 years
IronSwap (Iron Finance stableswap)🧊 1B ICE for 3stables pool (USDC/USDT/DAI) liquidity incentives
🧊 0.5B ICE for ICE/ETH pool liquidity incentives, liquidity partner(s) to be announced (Sushi/QuickSwap/Firebird/DFYN)
IronLend🧊 1B ICE for liquidity incentives to IronLend
🧊 Launch scheduled for 2nd half of July, more details to be shared ahead of launch
Iron stablecoin🧊 4.5B ICE for IRONv2 stablecoin liquidity incentives
🧊 We will share details about the new stablecoin design in a separate article ahead of launch
🧊 Launch scheduled for the beginning of August
Compensation Fund🧊 2.9B ICE for the Compensation Fund
🧊 More information about snapshot will be share later in July
🧊 Compensation start scheduled beginning of August
Treasury🧊 0.1B ICE for marketing and audits
🧊 Auditors will be engaged as we launch each product
ReminderPlease be aware of fake compensation websites, scam channels with our name, and fake admins asking for your private keys or offering support
Never give out your seed phrase and never verify your wallet with anyone claiming to be from Iron Finance team
Please only follow our official Telegram channels:
Announcements:
https://t.me/IronFinanceAnnMain chat:
https://t.me/ironfinancePrice chat:
https://t.me/ironfinanceprice
More information, please read more:Iron Finance RebuildingIron Finance Rebuilding — Tokenomics
