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M. Cap: $3.38 T 1.74%24h Vol: $340.97 B -20.44%BTC: $98,444.00 -0.39%ETH: $3,351.75 0.41%S&P 500: $5,968.44 0.33%Gold: $2,715.28 0.58%BTC Dominance: 57.70%
  • #8880

Inter Stable Token IST

IST Price

$1.00-0.60%
Price Range--
--

Market Cap 

--Rank #8880

FDV 

$1.10 MRank #6053

Investors

X Followers

X Performance

381WeakRank by X #4419
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Data from TweetScout 
OverviewExchangesFundraisingVesting
Activities

Detailed Performance

SentimentNeutral

IST shows Neutral behaviour against top cryptocurrencies, leading categories and blockchains over various time periods

Trading Pair1h24h7d1m3m1y
IST/USD
-0.20%-0.60%-0.20%0.20%0.17%0.20%
IST/BTC
-0.23%-0.21%-7.69%-32.45%-38.23%-62.04%
IST/ETH
-0.42%-1.00%-5.44%-23.01%-20.83%-38.53%
IST/DeFi
-0.93%-7.35%-10.67%-25.89%-29.49%-27.02%

IST to USD Converter

IST

Price History

All-Time High
$1.14
1.14x to ATH
All-Time Low
$0.000001
1000000x to ATL
Trade Launch Date
21 Nov, 2022
733 days ago

About IST

Inter Stable Token (IST) is an over-collateralized, cryptocurrency-backed stable token designed for use within the interchain ecosystem. It is built on Agoric and aims to maintain parity with the US dollar (USD) to ensure broad accessibility. IST can be minted using bridged DAI, USDC, and USDT through the Parity Stability Module (PSM) or by locking IBC collateral such as ATOM using Vaults. IST will also serve as the native fee token once enabled. The protocol is governed by BLD stakers through sovereign governance. The Economic Committee (EC) manages the technical-economic parameters of IST, and the Reserve serves as an emergency fund to cover potential shortfalls or extreme market volatility.

What makes Inter Stable Token unique?

Inter Stable Token (IST) has several unique features that set it apart from other cryptocurrencies:
1. Stability: IST is designed to maintain parity with the US dollar (USD), making it a stable token. This stability makes it more suitable for everyday transactions and reduces the volatility commonly associated with other cryptocurrencies.
2. Over-collateralization: IST is over-collateralized, meaning that there is a higher value of assets backing the token than its total supply. This over-collateralization helps to ensure the stability and security of the token.
3. Interchain ecosystem: IST is specifically designed for use across the interchain ecosystem. It is built on Agoric, a platform that enables secure and scalable smart contracts. This interchain compatibility allows IST to be used seamlessly across different blockchains and protocols.
4. Collateral options: IST can be minted using various collateral options. Users can mint IST by bridging DAI, USDC, and USDT using the Parity Stability Module (PSM). Additionally, IST can be minted by locking IBC collateral such as ATOM using Vaults. This flexibility provides users with different options for obtaining IST.
5. Governance: IST holders have sovereign governance over the protocol. Through the BLD token, which is used for staking, holders can participate in the governance process and have a say in the decision-making of the Inter Protocol.
Overall, the combination of stability, interchain compatibility, collateral options, and governance make Inter Stable Token unique compared to other cryptocurrencies.

Live Inter Stable Token Price Data

The current price of Inter Stable Token (IST) is approximately $1.00, reflecting a decrease of -0.60% in the last 24 hours. The IST trading volume in the last 24 hours stands at $88,257.00.

For a comprehensive list of exchanges, visit our crypto exchanges page. To understand Inter Stable Token's performance over time, consider exploring its price history and ROI. For in-depth analysis and insights on IST, check out our crypto insights page.

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