Inference Backed Endogenous Financial Reserve

Joined April 2018
Getting closer to redemptions closing the peg, if IMD holds/goes up we should see the pegs arbitrage opportunity open up later today
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-from 10/12 to 10/16, IMD fell 49%, from $10.59 to $5.37 -imdUSD in circulation went from about 9.7k to over 67k while IMD was dropping -imdUSD traded within 1% of $1 for 96.5% of its life. -treasury sending 1,000,000 INFER to INFER stakers -szn 1 opened on chain imdusd works
๐Ÿค– Made with AI
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open sourcing my imdUSD keeper bot so others can run it and modify however they like. its default settings are to meant to be passive but its fully capable of acting as a liquidator. feel free to ask if you have any questions about how it works. github.com/fa11up/imdusd-keeโ€ฆ
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Infer Protocol retweeted
Rough rate: at today's stake, the first day pays out at about 40% a year, falling as the release tapers and as more INFER is staked. It's a one-time payout, not a promised rate. To take part, stake INFER for sINFER at infer.imdusd.com. The release started when the Treasury transaction executed on October 17, 2026.
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ppl already farming $INFER but idk if they even realize it yet!!!
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Congrats to 0xab.eth !! You found a nice loophole in the points system, but the season is not currently live! We will be adjusting the way the LP points are given but dont worry, your reward will be that we keep the points you have earned up to today accounted to your wallet
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now that @imdUSD has come to life i want to thank @surfcoderepeat for being so based. without him none of this would be possible (thx adam). i started this after seeing him post about stables in the daemon chat. the last two weeks have been pretty revealing to me about the...
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imdusd is a permissionless suite of contracts designed to work and today marks the first time a key part of our infrastructure had its first live execution. the first liquidation happened ~30mins ago and the honor goes to @0xminion (congrats) !! learn how it all works below
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im heading to vegas this weekend to imd pill the bankers and establish demand for pepe dollars
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a few highlights on imdusd the first 5 days: - 99/100 paid requests became on-chain updates - 18h longest NHI gap, against a 24h limit (never stale) - >219% collateral ratio of every loan with real debt - Oct 14 first mainnet liquidation - 50 IMD paid via oracle requests
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We have deposited 97% of our treasury into the staked IMD pool. This has locked those tokens as treasury backing and can only be recovered through imdUSD redemptions or oracle budgeting. The goal is to use this reserve to begin phasing in our agentic minting operations.
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0x53d0ea0a685220718dc6a0a6e4617194c6f37921
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Introducing imdUSD: an Inference Backed Endogenous Financial Reserve (INFER) powered by IMD. 100+ agents answer every price on their own, and it only lands on chain when they agree. No single oracle. Just consensus. Lock IMD. Borrow imdUSD. Now live at imdusd.com
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๐Ÿ‘‰๐Ÿ‘ˆ
Replying to @surfcoderepeat
A new stable coin whose supply, stability, and governance emerge entirely from the economics of a decentralized AI compute network by (I think) @yadfarms
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