On March 16, 2021, our previous share-token, the SIL token crashed due to a human error caused by ValueDefi, when they changed the calculation method of the farming pools reward rate for the farms we had with them. As a consequence, their code minted 1 year worth of planned SIL emission in a split second. Within two days after the incident, IronFinance re-launched with a new share-token called STEEL and fully compensated all the affected SIL token holders by May 28, 2021.