IOSToken—ticker IOST Coin—is a high‑throughput, ultra‑secure smart‑contract platform that targets the same market as Ethereum and Solana but uses a unique consensus algorithm called “Proof‑of‑Believability” (PoB). By blending speed, decentralization, and cost‑efficiency, the IOST blockchain aims to power the next generation of DeFi, GameFi, and Web3 services without sacrificing user experience.
Founded in 2018 by serial entrepreneurs Jimmy Zhong, Terrence Wang, and team, the project raised $31 million from funds like Sequoia, Matrix, and ZhenFund. The IOST mainnet—code‑named “Olympus”—went live March 2019, instantly processing up to 8 000 TPS while keeping fees near zero. That combination helped IOST onboard early dApps such as TokenPocket swap, Crypto Heroes NFTs, and a China‑focused DeFi suite.
Traditional Proof‑of‑Work is secure but slow; pure Proof‑of‑Stake is fast but risks “rich‑get‑richer” centralization. Proof‑of‑Believability solves the dilemma in two tiers:
Metric | Data (May 2025) |
---|---|
Ticker | IOST |
Max supply | 90 000 000 000 IOST |
Circulating | ~18 B (20 %) |
Inflation | 2 % yearly (validator & community rewards) |
Staking APY | 8 – 10 % via voting for Servi nodes |
Holders stake IOST coin to nodes called “Servi Producers” and earn rewards plus governance voting rights. A portion of block rewards funds the IOST Foundation, which grants tokens to game studios, DeFi startups, and academic research—expanding utility and, by extension, IOST price drivers.
Total value locked in IOST DeFi crossed $280 million this April, a 210 % YoY growth that correlates strongly with on‑chain fee burns.
Completion of these milestones could tighten IOST coin supply by increasing gas usage and staking demand.
Gate.io lists IOST/USDT and IOST/BTC with deep liquidity and maker fees as low as 0.1 %. Steps:
With sub‑second finality, eco‑friendly Proof‑of‑Believability, and a surging DeFi + NFT lineup, IOSToken strives to be more than “just another high‑TPS chain.” The dual incentive of staking yields and dApp gas utility gives IOST coin measurable intrinsic value—especially when accessed through Gate.io’s liquid markets and Earn products.
For crypto users eager to explore a fast, low‑cost alternative to Ethereum while still benefiting from healthy staking rewards, IOST Coin deserves a closer look. Keep an eye on roadmap deliveries, track validator votes, and use Gate.io’s robust toolset to make your entry into the IOST eco both strategic and secure.