EVOLVING, RESPONSIVE, DECENTRALIZED

IST is a fully-collateralized, risk-managed stable token for Cosmos. Start your journey today!

Ride Dynamics

IST is a fully-collateralized, cryptocurrency-backed stable token for use across Cosmos DeFi. It's designed to maintain parity with the US dollar (USD) for broad accessibility. Initially, you can mint IST with bridged USDT or USDC using the Parity Stability Module (PSM). However, new and exciting minting mechanisms like Vaults and BLD Boost are coming soon! IST is deployed on Agoric and will act as the native fee token once enabled. Additionally, holders of the Agoric BLD token (‘the BLDer DAO’) have sovereign governance over the protocol. A recently elected Economic Committee will manage risk parameters, evaluate new collateral types, monitor protocol operations, and respond to process improvement proposals.

PSM
LIVE

Enjoy low-spread, low-fee trades between IST and high-quality stable tokens like USDC and USDT.

Vaults
Coming Soon

Deposit collateral like ATOM to create a Vault and borrow IST, giving you the freedom to participate in the $10B+ interchain market while holding onto your collateral.

BLD Boost

Enhance your staked Agoric BLD tokens by minting IST against future staking rewards.

Ecosystem Bits

IBC-Native

IBC-Native

IST is available to all chains in the growing IBC ecosystem.
Fee Token

Fee Token

IST is the native fee token for the Agoric chain.

Structural Integrity

The economic protections put in place to support IST.

Over-Collateralization

Over-Collateralization

Vaults will enable IST to be over-collateralized, meaning that for each newly minted IST token, there is a higher amount of collateral backing it. This enables the protocol to factor in the volatility of crypto assets and provides backing for each IST.
Liquidation

Liquidation

A decentralized oracle network is responsible for monitoring the value of collateral, automatically triggering liquidation if it falls below the set collateralization ratio.
Economic Committee

Economic Committee

Our Economic Committee (EC) is an essential part of Inter Protocol and the stability of IST. The EC includes crypto, TradFi, economic, and FinTech experts delegated by BLD holders to manage the technical-economic parameters of IST. 
Reserve Pool

Reserve Pool

The Reserve Pool is a fund of diversified cryptocurrencies held by the Inter Protocol as Protocol Controlled Value (PCV). This provides an emergency fund that can cover a shortfall in a major liquidation or extreme market volatility.

Your Voice Matters

Inter Protocol is governed by Agoric BLD token holders (the BLDer DAO). Owning BLD enables voting on key governance proposals.

Crowd Tracker

What the people are saying about IST.