Ecosystem Vision Logo
Indigo Protocol

Indigo Protocol

Indigo is a decentralized protocol for synthetic assets on the Cardano blockchain. It allows users to create and trade iAssets, which are synthetic assets that replicate the price of real-world assets like stocks and commodities. Users can profit from price movements of these assets without owning the underlying asset. The protocol is governed by its community through the INDY token, which is used for voting on proposals and staking to earn a portion of the protocol's revenue.
Distributed

Description

Indigo Protocol seamlessly tokenizes digital and real-world assets on the blockchain, democratizing financial opportunities for all. It offers the freedom to explore a range of possible digital and real-world assets without the constraints of direct ownership. The Indigo Web-App merges simplicity with advanced DeFi features like minting synthetic assets with CDPs, earning rewards through Liquid Staking, and accessing multiple DEXs via DEXTER. The INDY Token, with its fixed supply of 35 million, is an essential utility to the Indigo Protocol's ecosystem. Through the Indigo DAO, every INDY token holder harnesses the power to govern the protocol's mission critical parameters.