Coming soon:
Ignitus Network

Asset-backed tokens. Fee-funded reserves and rewards.

Ignitus is an Ethereum-mainnet protocol offering igUSD backed by USDC, igGOLD by Tether Gold (XAUT), and igBTC by Wrapped Bitcoin (WBTC). Each product has its own vault, membership NFTs and reward pool.

Deposit the backing asset to mint tokens; burn tokens to redeem it, minus fees. The contract price equals vault backing ÷ token supply, rather than an exchange order-book price. This means igUSD is not necessarily priced at $1.

Purchases and redemptions charge 1%, reduced to 0.80%–0.90% for members. Each fee is divided: 50% retained as backing without corresponding token issuance, 30% allocated to member rewards, and 20% to treasury. Reward and treasury allocations are issued as IG tokens.

Five paid, non-transferable membership tiers - Bronze through Diamond - provide fee discounts and capped reward participation. Listed prices range from $243 to $21,880 equivalent. Upgrades are sequential, require minimum token holdings and use a sponsor/referral system.

Rewards depend on trading activity and eligible holdings. The model targets increased backing per token - not guaranteed yield, profit or a rising dollar price.