- Source: inbox/archive/2024-10-30-futardio-proposal-swap-150000-into-isc.md - Domain: internet-finance - Extracted by: headless extraction cron (worker 6) 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-resistant alternative to USD-pegged stablecoins. Unlike traditional stablecoins pegged to the US Dollar, ISC is collateralized by a diversified basket of financial assets: 20% cash, 20% commodities, 20% treasuries, 20% bonds, and 20% equities. Launched on 2023-03-17 at $1.545, ISC has appreciated to $1.81 as of late 2024, reflecting its design goal of maintaining purchasing power against inflation rather than maintaining a fixed dollar peg.
Timeline
- 2023-03-17 — ISC launched at Solana Hacker House in Ho Chi Minh City at initial price of $1.545
- 2024-10-30 — metadao-swap-150000-into-isc proposed: MetaDAO considers converting $150,000 USDC into ISC; proposal fails
- 2024-10-30 — ISC trading at $1.81, representing 17.2% appreciation since launch
Relationship to KB
- metadao-swap-150000-into-isc - failed treasury diversification proposal
- Represents alternative stablecoin design philosophy: inflation resistance vs. dollar peg stability