Agoric
Economy 101
Thrive alongside existing businesses and market participants in a secure, sound economy with consistent prices.

BLD - Staking Token
The BLD staking token secures and governs the Agoric chain and economy. The BLD token can be delegated to validators to ensure decentralized execution. BLD stakers are compensated for this role through staking rewards from new issuance of BLD as well as a share of Inter Protocol fees.
BLD stakers govern the Agoric chain and the Inter Protocol
The BLD staking token secures the chain through Cosmos’s Proof of Stake model.
BLD stakers are rewarded through BLD token issuance as well as fees generated by the Inter Protocol.

IST - Stable
Token
IST, issued by the Inter Protocol, is an IBC-enabled stable token designed to maintain parity with the USD to facilitate economic growth and on-chain transactions.
Download WhitepaperIST is overcollateralized to ensure it remains solvent even in adverse market conditions
IST serves as a core stable token in the interchain ecosystem and may be used in chains and applications beyond Agoric
IST will be used to pay for execution of transactions and other critical chain services
Built to embrace our multi-chain future
Assets from the IBC Ecosystem can be used as collateral in Vaults to mint IST

Token
Allocation
Token distribution at network launch, excluding future staking rewards. Note - all locked BLD tokens may be staked. BLD staking rewards are not subject to the lockup and release schedules described below.
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Early Contributors
186,000,000 BLD (18.6%)
Used to support development of the Agoric chain 4 year monthly vesting with 1 year cliff
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Network &
Decentralization 170,000,000 BLD (17%)Used to support programs that launch and decentralize the Agoric chain
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Operations
125,000,000 BLD (12.5%)
OpCo future software development and growth
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Foundation
125,000,000 BLD (12.5%)
Used for grant-making, community support, advocacy, and evangelism.
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Private Sale
125,000,000 BLD (12.5%)
Used to support the development of the Agoric chain 2 year or 4 year monthly vesting with 1 year cliff
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Early Backers
114,000,000 BLD (11.4%)
Used to provide the Agoric chain with a financial bootstrap 2 year monthly vesting with 1 year cliff
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Community &
Ecosystem 55,000,000 BLD (5.5%)Used to fund community development, activities, and community fund
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Public Sale
70,000,000 BLD (7%)
Used for chain decentralization Option 1: 1.5 year monthly vesting with 7 month cliff Option 2: 2 year monthly vesting with 11 month cliff
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Advisors
30,000,000 BLD (3%)
Used for advice from experts 4 year monthly vesting with 1 year cliff
Frequently Asked
Questions
- - October 1, 2022: 43,670,064 BLD
- - November 1, 2022: 260,756,538 BLD
- - December 1, 2022: 281,200,413 BLD