Iridium Finance is a parallel farm to Platinum Finance. You can stake both PLATIN (the layer 1 token) or IRID token to earn IRID. Faming began July 26th (for exact time click the countdown link).
The dev announced in the Telegram that he will be adding dividends pools within a couple days where you can stake Iridium and Platinum to earn Bitcoin.
Iridium Finance Tokenomics
Initial liquidity was 450 added to QuickSwap and locked. 100 Coins were added to a loyalty pool 48 hours prior to farming began for plat holders to stake and earn Iridium prior to emissions starting. Another 100 tokens was reserved for partnerships for a total of 650 tokens in the initial mint.
Emissions: 0.004 IRID/ Block
Max Supply: 3850
Low market cap
Listings
RugDoc has them listed as some risk but the dev KYC’d the first time around with the Platinum farm.
Partnerships
PolyVortex Finance you can now stake Platinum/USDc LP on Polyvertex to receive VERT. Currently the daily APR is just under 5%.
