Agorc is an interoperable Proof-of-Stake chain in the Cosmos ecosystem
Assets you can buy on
Agoric
chain
Agoric, a part of the Cosmos ecosystem, operates on a Proof of Stake (PoS) consensus model. The smart contract platform built on JavaScript offers a sense of familiarity, safety, and composability to JavaScript developers worldwide, empowering DApps, NFTs, and DeFi markets.
Agoric introduces two native tokens - BLD, a staking token, and IST, a stablecoin within the Agoric ecosystem and across the broader Cosmos network.
Agoric blockchain is an essential component of the Cosmos ecosystem, focusing on addressing unique challenges within DeFi that stem from the Proof of Stake (PoS) consensus mechanism.
Agoric enables the development of a versatile cryptoeconomic standard library, fostering exponential composability akin to the remarkable growth of renowned JavaScript ecosystems like Node.js and React.js.
BLD is Agoric's staking token that ensures network security in proportion to economic activities. IST, on the other hand, is a stablecoin, facilitating local transactions and offering stability across the Cosmos ecosystem.
Agoric's advancements, such as its programming model and stable token IST, have the potential for broader application, contributing to enhanced efficiency and security in decentralized financial ecosystems beyond the Agoric chain.
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