International Stable Currency Whitepaper
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  • Introduction
    • 🌎What is ISC?
    • 👑Why ISC Matters
      • State of Fiat Currencies
      • State of Stablecoins
        • What is a Stablecoin?
        • Improvements on Fiat
        • Drawbacks of Existing Stablecoins
    • ⭐What Sets ISC Apart?
  • How ISC Works
    • 💰The ISC Reserves
      • Key Entities
      • Key Concepts
      • Basic Mechanics
      • Advanced Mechanics
      • Oversight
    • 📥DAO Model and International Governance Token ($INTL)
      • Community Oversight
      • Governance Mechanics
      • $INTL Tokenomics
      • Burning $INTL: Aligning the Economic Incentives of $ISC and $INTL
    • 🖥️Technological Foundation
    • ❗Disclaimer
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  1. How ISC Works
  2. DAO Model and International Governance Token ($INTL)

Burning $INTL: Aligning the Economic Incentives of $ISC and $INTL

To align the economic incentives between $ISC and $INTL, 30% of the revenue generated by the ISC Issuer will be allocated to acquire $INTL from the market and subsequently burn the tokens. The ISC Issuer will generate revenue by charging an Interest Rate of 0.0~1.0% on ISC loans to ISC Reserves.

As the community steers ISC towards success, the market capitalization of ISC is expected to rise. This growth in ISC's market capitalization will, in turn, lead to an increase in ISC loans provided by the ISC Issuer to the ISC Reserves, thereby increasing the amount of revenue available to burn $INTL.

Conversely, $INTL holders have no incentive to make decisions that jeopardize ISC's long-term success. Detrimental decisions affecting ISC's stability would likely result in a decrease in both its market capitalization and the revenue available to burn $INTL.

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Last updated 1 year ago

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