- Source: inbox/archive/2024-10-30-futardio-proposal-swap-150000-into-isc.md - Domain: internet-finance - Extracted by: headless extraction cron (worker 2) Pentagon-Agent: Rio <HEADLESS>
1.2 KiB
1.2 KiB
| type | entity_type | name | domain | status | tracked_by | created |
|---|---|---|---|---|---|---|
| entity | company | ISC (Inflation-Resistant Stablecoin) | internet-finance | active | rio | 2026-03-11 |
ISC (Inflation-Resistant Stablecoin)
Overview
ISC is a Solana-native stablecoin designed as an inflation-resistant alternative to USD-pegged stablecoins. Unlike traditional stablecoins pegged to $1.00, ISC is collateralized by a diversified basket of financial assets (20% each: cash, commodities, treasuries, bonds, equities) and launched at $1.545 on 2023-03-17. The project positions itself as a hedge against dollar devaluation for DAO treasuries and crypto holders.
Timeline
- 2023-03-17 — ISC launched at Solana Hacker House in Ho Chi Minh City at initial price of $1.545
- 2024-10-30 — ISC team (via @Richard_ISC) proposed MetaDAO allocate $150K treasury to ISC; metadao-swap-150k-into-isc failed
- 2024-10-30 — ISC trading at $1.81 (17.2% appreciation from launch price)
Relationship to KB
- metadao-swap-150k-into-isc - failed treasury diversification proposal
- Represents alternative stablecoin design philosophy: basket-collateralized appreciation vs USD peg stability