π£ The sunsetting of @inter_protocol has concluded.
As of July 1, 2025, all vaults have been closed or liquidated, and the protocol is no longer operational.
You still have open $IST positions and wonder how to handle it? Let's explore π
@agoric π’ As we conclude this transitional period, we want to express our gratitude to the @agoric and the wider @cosmos and @IBCProtocol communities for their continued support.
The only thing we can count on in crypto, and in life, is change.
π£ The sunsetting of @inter_protocol has concluded.
As of July 1, 2025, all vaults have been closed or liquidated, and the protocol is no longer operational.
You still have open $IST positions and wonder how to handle it? Let's explore π
@agoric ποΈ Sunsetting a protocol is never simple β and never a decision made lightly.
To understand the rationale for sunsetting @inter_protocol, please take a look at the signaling proposal and accompanying discussions π
https://t.co/7R5mw8drNy
@agoric π June 30, 2025, the last day of the wind-down period, is quickly approaching. Make sure to close your IST vaults and open positions.
For more information, check out the sunset FAQ π
https://t.co/1DvRB2z7e9
π£ The third 50% increase of @inter_protocol vaults' collateralization ratio was enacted on June 16th.
Let's explore what that means for vault holders π
π‘Following the 60-day wind-down plan approved by the @agoric community, @inter_protocol's Economic Committee will be raising the collateralization ratio by 50% every week in June.
The goal is to trigger liquidations of outstanding vaults π
https://t.co/pWyShMab7K
@agoric π June 30, 2025, the last day of the wind-down period, is quickly approaching. Make sure to close your IST vaults and outstanding positions.
π£ A governance proposal is currently seeking to increase the MintLimit of @inter_protocol's PSMs for both $USDT and $USDC to 1M $IST.
Voting is now open. Learn more π
π£ A governance proposal is currently seeking to increase the MintLimit of @inter_protocol's PSMs for both $USDT and $USDC to 1M $IST.
Voting is now open. Learn more π
π Striving to provide adequate liquidity to cover all open $IST vaults and outstanding positions, the proposal aims at resetting the PSMs' MintLimit from $500K to $1M π
π§΅ The first month of the 60-day wind-down of @inter_protocol is almost over. Wondering what's coming in June?
Find a detailed timeline in this thread π
π£ Attention, @inter_protocol users!
The collateralization ratio of open vaults will be increased by 50% today.
π Less than a month until the protocol shuts down.
Let's explore more π