# iTokens

iTokens function as indexes for multiple tTokens and/or other iTokens.

## Overview

| **Standard**      | ERC20                                                         |
| ----------------- | ------------------------------------------------------------- |
| **Collateral**    | tTokens and/or other iTokens.                                 |
| **Receipt Token** | i\<ASSET> (e.g., iDN)                                         |
| **Exchange Rate** | Aggregate value of underlying assets as determined by oracles |

## **Key Mechanics**

### **Composition**

iTokens can be configured to manage asset compositions according to predefined ratios enforced at the contract level. Pricing is calculated onchain using oracle data for each asset it supports, ensuring accurate valuation at all times.

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iToken smart contracts are pending deployment. Following deployment, a full reference of smart contract methods will be added here.
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