Inter Stable Token(IST)
Market Cap$218,880
Price$0.99
Total Circulating221,208
Stablecoin Information
IST is the over-collateralized, risk-managed stable token for the interchain.
Category:crypto-backed
Minting and Redemption
Inter Protocol's Vaults let you mint IST against the value of your IBC assets (like ATOM) to unlock liquidity. IST minters actively manage their positions to avoid liquidations if their asset value falls. Anyone can participate in bidding on liquidation auctions to profit from auctioned collateral.
Audits:
Stablecoins Usage by Chain
| Name | Bridge | |||||
|---|---|---|---|---|---|---|
| 0 | < 0.0001% | -0.13% | -0.18% | 154,063 | ||
| 100% | < 0.0001% | 0% | +0.11% | 67,145 |