CryptoCurrencies
900
 Total Market Cap
1,295,869,851
 Volume 24h
374,242,184
 Dominance
POPCAT 32.72%   MMX 22.17%   SPEC 11.18%   AEVO 7.30%

Inter Stable Token
IST

1.001
$
0.31 %
Change 24h
Market Cap
$ 1,402,580
Volume 24h
$ 137,172
Circulating Supply
1,405,610
Total Supply
1,405,610
IST
$
Description
Inter Protocol (https://inter.trade/) is a community organized, decentralized application on the Agoric chain that implements the Inter Stable Token (IST), an overcollateralized, cryptocurrency-backed stable token for the interchain ecosystem. The Hardened JavaScript smart contracts are written using the Zoe framework, which relies on the Electronic Rights Transfer Protocol (ERTP) for token support. IST is designed to maintain parity with the US dollar (USD) for broad accessibility and is the native fee token for the Agoric platform, providing some of the core functionality and stability for the Agoric cryptoeconomy.