We are pleased to announce to the Tetuans the new partnership with Iron Finance.
Tetu has just entered into a new partnership, this time with Iron Finance. Iron is a huge project with over 350M TVL and the Iron community is very active. It is an honor to partner with such a large and well-established project on the Polygon network as Iron.
As a result of this partnership, Tetu will make the vaults of IS3USD, IRON-IS3USD, ICE-IRON, ICE-WETH, ICE-USDC available so that Tetuans and the giant Iron community can enjoy an incentivized Yield Farming and receive xTETU.
There is more to come
We are building an Iron vault based on the lending strategy, this vault will use lending resources to supply assets and borrow until it reaches the limit of profitability with almost no risk of liquidation. This will be done through a model that linearly scales the interest rate on borrowed assets with the asset utilization rate ir order to set safe levels of borrowing to be utilized in the strategy. The components of the model are calculated in a way that provides an outcome where the liquidation risk is close to zero even in the worst case scenarios.
IRON
IRON FINANCE Building a multi-chain partial-collateralized DeFi and algorithmic stablecoin ecosystem Iron Finance is building a full suite of decentralized finance ecosystem of products and use cases on the Polygon network. The official Iron Finance token is the ICE token, inspired by A Song of Ice and Fire novels, where the Iron Throne is a well-known symbol.
