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Agoric’s Hardened JavaScript smart contract platform aims to make blockchain development feel familiar, secure, and composable for the 17+ million JavaScript developers worldwide who want to create, launch, and manage advanced Dapps, NFTs, and DeFi markets.
Built as a chain within the Cosmos ecosystem, Agoric is intended to reduce new risks introduced by decentralized financial systems running on Proof of Stake (PoS) consensus. In addition, its approach to programming is meant to support a cryptoeconomic standard library with the same kind of compounding composability that helped drive the rapid expansion of Node.js, React.js, and other JavaScript ecosystems.
Agoric offers two native tokens: - BLD, a staking token that backs economic activity throughout the Agoric ecosystem. It is designed so that the chain’s security grows alongside the network’s economic activity. - IST, an IBC-enabled stable toke created to keep a 1:1 value with the US dollar (USD). IST works as a local medium of exchange for transactions and also as a stable token for the broader Cosmos ecosystem.
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