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Agoric's Hardened JavaScript smart contract platform aims to make blockchain programming familiar, safe, and composable for the 17+ million JavaScript developers worldwide. It allows them to build, deploy, and operate sophisticated Dapps, NFTs, and DeFi markets. The Agoric chain, which is part of the Cosmos ecosystem, is specifically designed to address the unique risks associated with decentralized financial systems built on Proof of Stake (PoS) consensus. Additionally, the Agoric programming model will enable the creation of a cryptoeconomic standard library with the same exponential composability that contributed to the growth of the Node.js, React.js, and other JavaScript ecosystems. Agoric features two native tokens: BLD, a staking token that supports economic activity within the Agoric ecosystem and ensures the chain's security grows alongside the network's economic activity; and IST, an IBC-enabled stable token designed to maintain parity with the US dollar (USD). IST serves as a local medium of exchange for transactions and a stable token for the entire Cosmos ecosystem.
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