What is ISA
The platform’s semi-inflationary utility token, ISA, is used to mint all synthetic hedges within the protocol. During the mintage of any synthetic asset, ISA is 100% locked in the Treasury to earn additional yields at a rate congruent with the asset’s price at the time of the mint. It has a hard cap of 120m with an initial supply of 25m. Emissions stand at 5 ISA per block, equating to a 1.8-year timeline before reaching the max supply. See the expanded breakdown further on for a complete analysis of its economics. Upon depositing ISA into the auto-compounding contract, you will receive sISA which can be used as collateral for some assets in the future.