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. The ISC Reserves

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

Identifier
Asset
Allocation

Asset 1

Equity, Global

20%

Asset 2

Commodity, Gold

20%

Asset 3

Bond, Global Bonds

20%

Asset 4

Bond, Short-term Treasuries

20%

Asset 5

Cash

20%

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

Identifier
Asset
Weight

Asset 1

VWRA

0.003060869565

Asset 2

SGLD

0.001717391304

Asset 3

AGGU

0.06000434783

Asset 4

IB01

0.002930434783

Asset 5

USD

0.3034869565

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

💲 $1.5304034913043478

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

Identifier
Asset
Weight

Asset 1

VWRA

-0.0000007846547315

Asset 2

SGLD

0.000000209242236

Asset 3

AGGU

0.000008366956522

Asset 4

IB01

-0.00000005384615385

Asset 5

USD

0.000007182608696

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Last updated 1 year ago

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pisc=∑passet×qassetp_{\text{isc}} = \sum p_{\text{asset}} \times q_{\text{asset}} pisc​=∑passet​×qasset​
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