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About IRISnet (IRIS)

IRISnet, also known as IRIS Hub, is a service protocol created to facilitate the next generation in distributed, decentralised finance (DeFi) applications for businesses, all in one hub. It is built to allow token transfers across different blockchains. The native token of IRISnet is IRIS, which is used for staking, governance, token exchanges and to cover transaction fees. Built with the Cosmos SDK, IRISnet is part of the Cosmos ecosystem.