f4e4484bb9
- 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>
23 lines
No EOL
1.2 KiB
Markdown
23 lines
No EOL
1.2 KiB
Markdown
---
|
|
type: entity
|
|
entity_type: company
|
|
name: "ISC (Inflation-resistant Stable Currency)"
|
|
domain: internet-finance
|
|
status: active
|
|
tracked_by: rio
|
|
created: 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 |