What is the interest protocol? Interest Protocol is the first fractional reserve banking protocol that pays interest to all depositors. Interest Protocol issues a stable coin called USDi. Users can mint 1USDi by depositing 1USDC into the protocol, and anyone can receive 1USDC from the protocol by burning 1USDi they hold. All USDi holders earn yield regardless of how they obtained it. The Interest Protocol uses a variable interest rate system to manage its reserve ratio.
How many IPT token are in circulation? The protocol treasury holds 20% of the 100 million IpT token.
Who built an interest protocol? The Interest Protocol was developed.
Where can I purchase IPT? The sale of IPT can be participated in.
