As some time ago, many of you had visited one of our articles about one of the last videos of the channel Finematics, we are doing it again today because we know how much it makes you happy. That's why we decided to make a post about it, because we are sure you will enjoy this new video.
Today, June 24, 2021, the Youtube channel Finematics has published a new content with the title BANK RUN in DEFI - Lessons Learned From The Iron Finance Collapse. If you want to watch this video in streaming, you have come to the right place!
This video is currently making the buzz on the internet and may end up in the Youtube trends. It was published a few hours ago by the videographer of the Youtube channel Finematics who regularly publishes videos similar to the content we are talking about today.
On television, it is very difficult to get in touch with the hosts or even the producers of a show. On the internet, it's much easier to contact a videographer when you want to give him feedback about a video published on Youtube! To talk to a youtuber (that's how we call content creators on the Youtube platform], go directly to his channel, in the "About" section more precisely. If he doesn't answer you, try again on his social networks: Facebook, Instagram or Twitter for example!
And here we are, we are almost at the end of this article, you have just discovered everything we knew about the video BANK RUN in DEFI - Lessons Learned From The Iron Finance Collapse. We hope to see you soon on Croblanc, until then you will be able to watch other videos of Finematics by searching a little on our dedicated platform. If you have already done the trick, go to Youtube, the content is almost infinite!
And here it is already finished, we will see you very soon on Croblanc for a new article. Kisses, kisses, kisses!
For your information, you can find below the description of the video BANK RUN in DEFI - Lessons Learned From The Iron Finance Collapse published by the Youtube channel Finematics:
So what was the first large scale bank run in DeFi all about? Why is it so hard to create a working algorithmic stablecoin? And what can we learn from the IronFinance fiasco? You’ll find answers to these questions in this video.
IronFinance initially launched on Binance Smart Chain in March 2021 and aimed at creating an ecosystem for a partially collateralized algorithmic stablecoin.
As we know, building algorithmic stablecoins is hard. Most projects either completely fail or end up in a no man's land by struggling to maintain their peg to the US Dollar. Because of this, building an algorithmic stablecoin has become one of the holy grails in DeFi.
Achieving it would clearly revolutionize the DeFi space as we know it today.
The current ecosystem relies heavily on stablecoins that come with major trade-offs. They maintain their peg to the US Dollar at the cost of either centralization or capital inefficiency.
For example, the custody of USDC or USDT is fully centralized. On the flip side, stablecoins like DAI or RAI require a lot of collateral which makes them capital inefficient.
IronFinance tried to address these problems by creating a partially collateralized stablecoin - IRON.
💛 ► https://gitcoin.co/grants/1158/finematics-defi-education
📒 BSC video ► https://youtu.be/iJDoc0kvXLc
🔮 Polygon video ► https://youtu.be/IijtdpAtOt0
🌾 Yield Farming video ► https://youtu.be/ClnnLI1SClA
💸 Impermanent Loss video ► https://youtu.be/8XJ1MSTEuU0
🍠 Yam Finance video ► https://youtu.be/DXUhD8m_KMc
📘 DeFi Guide ► https://finematics.com/guide-to-decentralized-finance/
📖 Post ► https://finematics.com/bank-run-in-defi-iron-finance-explained/
🐦 Follow Finematics on Twitter ► https://twitter.com/finematics
💛 Support Finematics on Patreon and join our Discord community ► https://www.patreon.com/finematics
🔒 Ledger ► https://shop.ledger.com/pages/ledger-nano-x?r=b0b220a75e03 (affiliate)
📱 Argent Wallet ► https://argent.link/finematics (affiliate)
🌐 Get your .crypto Unstoppable Domain ► https://unstoppabledomains.com/r/8160a196fa7e4ac