DescriptionIST is the over-collateralized, risk-managed stable token for the interchain.
Category:crypto-backed
Minting and RedemptionInter Protocol's Vaults let you mint IST against the value of your IBC assets (like ATOM) to unlock liquidity. IST minters actively manage their positions to avoid liquidations if their asset value falls. Anyone can participate in bidding on liquidation auctions to profit from auctioned collateral.
Inter Stable Token (IST)