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.
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Indigo


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Description

Indigo Protocol offers a range of decentralized finance services including iAssets, CDPs, stability pools, token swaps, staking, and governance on the Cardano blockchain.

Category: CDP
TVL: $33M

Chains:
Cardano