Convert Solar SXP to International Stable Currency ISC

Solar is a Layer 1 blockchain network secured by 53 Block Producers through Delegated Proof of Stake (DPoS) consensus, with SXP as its native utility coin. The network's security and governance are maintained through a system where coin holders can participate by voting for Block Producers. As an open, community-driven ecosystem, Solar enables collaboration between Block Producers and coin holders, fostering continuous development and enhancing the network's infrastructure. To bridge blockchain technology with traditional business needs, Solar Enterprises, established through funding from the Solar Blockchain Foundation, focuses on developing these consumer-oriented products and services. Current development includes an innovative crypto-first e-SIM solution aimed at international travellers.

What is the project about? ISC is a flatcoin. A flatcoin is a stablecoin that is both stable in price and increases in value over time. The purpose of a flatcoin is to protect the purchasing power of its holders. Leaders like Brian Armstrong of Coinbase are proponents of flatcoins because they believe that inflation-resistant money will onboard the next billion users onto crypto. What makes your project unique? Flatcoins are new to the stablecoins industry. Our competitors are Nuon (nuon.fi) and RAI (reflexer.finance) What makes us different from Nuon & RAI is that we are collateralized with Real World Assets (RWAs) such as gold, bonds, t-bills, equity, and cash. This matters because RWAs provide much deeper liquidity for ISC than our competitors. History of your project. We spent 1.5 years determining the legal structure with our lawyers. What’s next for your project? We are bridging our token from Solana to ETH & various layer 2s What can your token be used for? Store of value and payments. We’ve integrated with to power payments for Solana Hacker Houses.