What is Inter Stable Token (IST)

Start learning about what is Inter Stable Token through guides, tokenomics, trading information, and more.
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.
Tokenomics describes the economic model of Inter Stable Token (IST), including its supply, distribution, and utility within the ecosystem. Factors such as total supply, circulating supply, and token allocation to the team, investors, or community play a major role in shaping its market behavior.
Inter Stable Token TokenomicsPro Tip: Understanding IST's tokenomics, price trends, and market sentiment can help you better assess its potential future price movements.
Building on tokenomics and past performance, price predictions for IST aim to estimate where the token might be headed. Analysts and traders often look at supply dynamics, adoption trends, market sentiment, and broader crypto movements to form expectations. Did you know, MEXC has a price prediction tool that can assist you in measuring the future price of IST? Check it out now!
Inter Stable Token Price PredictionThe information on this page regarding Inter Stable Token (IST) is for informational purposes only and does not constitute financial, investment, or trading advice. MEXC makes no guarantees as to the accuracy, completeness, or reliability of the content provided. Cryptocurrency trading carries significant risks, including market volatility and potential loss of capital. You should conduct independent research, assess your financial situation, and consult a licensed advisor before making any investment decisions. MEXC is not liable for any losses or damages arising from reliance on this information.
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