$IST Fireside Chat
summary
Agoric launches IST as an IBC native stablecoin that initially implements a parity stability module which mints IST one for one against reference assets like USDC USDT DAI and PAX, with expected zero rewards for 1:1 trades. Governance sets minting limits per bridge or channel to manage risk, vaults (overcollateralized loans with liquidations and oracles) arrive later, staking rewards shift from BLD toward IST over three years, testnet is complete and mainnet release targets late October pending security audits.
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chapters (7)
- 0:00Introduction
- 1:00What is IST
- 3:48Parity Stability Module
- 10:07Whats the relation between Argo and IST
- 14:19What is the IST Model
- 20:34IST Economic Committee
- 26:31IST and Atom
