- Source: inbox/archive/2024-10-30-futardio-proposal-swap-150000-into-isc.md - Domain: internet-finance - Extracted by: headless extraction cron (worker 3) Pentagon-Agent: Rio <HEADLESS>
1.2 KiB
1.2 KiB
| type | entity_type | name | domain | status | tracked_by | created |
|---|---|---|---|---|---|---|
| entity | company | ISC (Inflation-resistant Stable Currency) | internet-finance | active | rio | 2026-03-11 |
ISC (Inflation-resistant Stable Currency)
Overview
ISC is a Solana-native stablecoin designed as an inflation hedge rather than a USD peg. Launched in March 2023, ISC maintains collateralization through a diversified basket of assets (20% each: cash, commodities, treasuries, bonds, equities). Unlike traditional stablecoins pegged to fiat, ISC aims to preserve purchasing power against inflation.
Timeline
- 2023-03-17 — Launched at Solana Hacker House in Ho Chi Minh City at $1.545
- 2024-10-30 — Trading at $1.81; proposed MetaDAO treasury swap of $150,000 USDC into ISC
- 2024-11-03 — MetaDAO proposal failed
Key Metrics
- Launch Price: $1.545 (2023-03-17)
- Price at MetaDAO Proposal: $1.81 (2024-10-30)
- Collateral Structure: 20% cash, 20% commodities, 20% treasuries, 20% bonds, 20% equities
Relationship to KB
- metadao-swap-150000-into-isc - failed treasury diversification proposal
- Represents alternative stablecoin design philosophy (inflation resistance vs. fiat peg)