Key Concepts
i. ISC Target Percentage Allocation
The ISC Target Percentage Allocation refers to the desired proportion of each asset class for the ISC Reserves, as decided by the community.
Example
ii. ISC Reserve Basket
The ISC Reserve Basket is the precise quantities of each asset required for one (1) ISC at the present day (Tₙ).
Example
iii. ISC Target Price
The ISC Target Price is the total value of the ISC Reserve Basket at the present day (Tₙ), where p is the asset price, and q is the quantity of that asset.
Example
iv. ISC Reserve Basket Daily Rebalance
The ISC Reserve Basket Daily Rebalance details the specific adjustments to the precise quantities of each asset in the ISC Reserve Basket, which will be implemented tomorrow (Tₙ₊₁) based on the closing ISC Target Price (Tₙ). The selected traded price will be the VWAP of Tₙ₊₁.
Example
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