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Inter Protocol Review: What to Know Before Using It

Inter Protocol issues IST, an over-collateralized stable token on Agoric. The basic design is clear, but there isn’t enough information to assess costs, safety or how to use it.

By the SkyBitcoins review team · Updated

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At a glance

Inter Protocol key facts

Inter Protocol key facts
TypeCDP stable-token protocol
ChainAgoric
Stable tokenIST
Collateral modelOver-collateralized, multi-collateral
Value locked$82.3K−7.7% 7d
Updated

Inter Protocol FAQs

What is Inter Protocol?

Inter Protocol is a decentralized stable-token protocol on Agoric. It issues IST, described as over-collateralized and backed by multiple types of collateral.

What is IST, and how does it work?

IST is the stable token issued by Inter Protocol. Its collateral requirements, redemption process and current costs aren’t established here, so check those before using it.

How do you use Inter Protocol safely?

Inter Protocol’s current fees, collateral options, audits and practical steps to open a vault aren’t established here. Check the protocol’s current documentation before depositing collateral or relying on IST.

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How we checked

Sources

  1. defillama.com/protocol/inter-protocol(opens in a new tab)

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