# Overview iTRY is an [ERC-20](https://ethereum.org/developers/docs/standards/tokens/erc-20/) Turkish Lira pegged stablecoin backed by a tokenized basket of highly liquid Turkish money market funds. iTRYs price stability is maintained through arbitrage between its primary and secondary markets. The primary market allows eligible, whitelisted participants to mint and redeem iTRY at a fixed price. When secondary-market prices diverge, arbitrage activity closes the gap across trading venues. Users may stake iTRY to receive wiTRY, a yield-accruing token that represents a proportional claim on the [ERC-4626](https://ethereum.org/developers/docs/standards/tokens/erc-4626/) staking pool. wiTRY increases in value over time as the protocol deposits iTRY rewards into the staking contract. These rewards are sourced from the yield generated by the underlying money market funds backing iTRY. iTRY and wiTRY are available on Ethereum and MegaETH. MegaETH serves as the exclusive chain for DeFi, while Ethereum is used as the settlement layer. Cross-chain functionality is powered by LayerZero, allowing iTRY to move between supported chains without fragmenting liquidity. {% hint style="info" %} Staking is coming soon. {% endhint %} --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.brix.money/itry/overview.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.