What AI says about IST

Inter Protocol is a Cosmos-based DeFi platform that lets users open vaults, deposit crypto collateral (e.g., ATOM variants), and mint the IST stablecoin with defined collateralization, liquidation, and stability-fee parameters. The project is currently in a 60-day sunset wind-down, with a completion target of June 26, 2025, and users are advised to close vaults and settle IST positions. Approximately 14 active vaults remain with about $303k in total value locked, and around $264k IST is outstanding in vaults.