EP 56: Iron Finance vs FRAX | 3 Reasons why IRON failed in its economics design Economics Design

How did IRON Finance crash 100% within a day? What went wrong with its mechanisms and economic design, and how is it different from FRAX, which we recently reported to be the best among 8 different stable coins? We dive into the tragedy of IRON in this episode.

Timestamps:

0:00 – Intro & Contents

0:32 – Iron Finance explained

1:13 – IRON vs FRAX

2:43 – Causes of failure: Uncontrolled Supply

4:07 – Causes of failure: TITAN & IRON relationship

4:44 – Causes of failure: TITAN Mechanism Design

7:31 – Three Opinions

9:31 – More resources & how to support us!

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