{"title": "Inverter Network", "logoImg": "bafkreiajr7j3bohaga5myvi4bsu72wlc4t5esvmskmshgb7e26zxbnlzva", "website": "https://www.inverter.network", "bannerImg": "bafkreic73g2ogvma4mlr5w2ojxxzeycyijczfeb56asut4zrloyf4ik5sq", "createdAt": 1722347432422, "credentials": {"twitter": {"type": ["VerifiableCredential"], "proof": {"jws": "eyJhbGciOiJFZERTQSIsImNyaXQiOlsiYjY0Il0sImI2NCI6ZmFsc2V9..LGA0G2lou9nzVUsjaWnYooXb0EDBRj1TYvYPT7eOdyQtF3WLHkGZ8C32o8-a8iRl4Rp3Uus_CdmCNVlTF3aBAQ", "type": "Ed25519Signature2018", "created": "2024-07-30T13:50:20.720Z", "proofPurpose": "assertionMethod", "verificationMethod": "did:key:z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC#z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC"}, "issuer": "did:key:z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC", "@context": ["https://www.w3.org/2018/credentials/v1"], "issuanceDate": "2024-07-30T13:50:20.720Z", "expirationDate": "2024-10-28T13:50:20.720Z", "credentialSubject": {"id": "did:pkh:eip155:1:0x06F9A58F6d2e272F3b9Dfd66303F09d4233e8B29", "hash": "v0.0.0:nTcfRPAXtjTHsJPvna+e+0ssDjglM+n3WkuG0NIoY04=", "@context": [{"hash": "https://schema.org/Text", "provider": "https://schema.org/Text"}], "provider": "ClearTextTwitter#inverternetwork"}}}, "description": "Established in 2023 in Switzerland, Inverter began as a research project to design a modular protocol infrastructure for programming token economies. In early 2024, Inverter introduced the Primary Issuance Markets (PIM) stack. \n\nPIMs enable projects to perpetually capture value from their token economies by facilitating dynamic token issuance with programmable distribution. In the initial version of PIM, bonding curves are utilized as the main dynamic issuance mechanism.\n\n\nKey Features of Primary Issuance Markets (PIM): \n\nDynamic Token Issuance and Pricing: PIMs utilize algorithmic pricing for minting and redeeming tokens, which includes a reserve ratio and trading fees. This setup allows projects to dynamically adjust token supply based on market conditions and project needs. \n\nMarket Value Capture: PIM allows projects to profit from their tokens' trading volumes and volatility, capturing value from the token activity that previously only benefited external parties like third-party market makers and exchanges.\n\nSustained Treasury Growth and Stability: Proceeds from token issuance contribute to increasing project reserves, establishing a price floor, growing the treasury, and supporting long-term development without dumping on the community.\n\nArbitrage Opportunities: Protocol-owned arbitrage agents ensure price stability and generate additional revenue when secondary market prices diverge from PIM-set prices.\n\n\nPrimary Issuance Market Stack (PIM Stack) \n\nInverter’s Primary Issuance Market (PIM) stack is designed to enable projects to seamlessly configure and operate the full life cycle of token economies. PIM stack enables builders to customize token issuance, utilities, and circulation for custom use cases. \n\n\nKey Features of Inverter’s PIM Stack: \n\nPlug & Play DeFi Functionalities: Inverter offers reusable, upgradable, and interoperable DeFi integrations, allowing subnets to design token economies without needing contract development.\n\nAlgorithm Library: Custom algorithms, such as dynamic pricing, condition the issuance logic of tokens through issuance curves, optimizing the token economy.\n\nAgent Library: Projects can activate verifiable arbitrage agents to market-make for their PIMs, optimizing issuance parameters based on real-time data, credit scoring, and additional services.\n", "logoImgData": {}, "bannerImgData": {}, "projectGithub": "inverternetwork", "projectTwitter": "inverternetwork"}