Cardano DeFi is entering its next phase ⚡️
@alphagrowth1 launched @Cardano_Prime, an initiative to accelerate the growth of infrastructure & applications across the ecosystem.
We’re excited that Indigo is one of the first grantees, with a dedicated initiative: Indigo Prime 🧵
2/ Indigo Prime is a new suite of core features and functions focused on expanding what Indigo loans can do.
We’re implementing upgrades across:
• User-set interest rates
• Multisig position management
• Vault standard compatibility
• Loan Permissions & automation
• Liquidation resilience
• Increasing Collateral Assets capacity
• Upgrading Protocol infrastructure
Indigo is a Cardano PRIME grantee 🔮
@Cardano_Prime is funding Indigo PRIME, the next generation of Indigo CDPs.
Set your interest rate. Borrow against many more assets. Co-manage positions with multisig as a team or DAO & more.
Full suite details soon. The sprint starts now!
Indigo (@Indigo_protocol)
Indigo brings synthetic assets to Cardano through its CDP protocol.
PRIME is funding the Indigo PRIME CDP upgrade suite: multisig ownership, delegated permissions, debt redistribution and room for many more collateral types.
$USDrf ⇄ $iUSD is live 🟣
You can now swap @realfi_co USDrf for iUSD 1:1 through Indigo's PSM:
• Zero slippage, at any size the PSM can cover
• A Cardano-native dollar route with no bridges
• Two Cardano teams building deeper stablecoin liquidity and composability 💪
Cardano's dollars, connected!
Indigo has just completed a patch upgrade fixing a vulnerability discovered by @txpipe_tools 🔮
Security on Indigo is an ongoing and mission-critical joint effort with TxPipe:
• TxPipe runs regular AI-aided threat analyses of the protocol alongside the Indigo Foundation
• A recent review uncovered a vulnerability that we determined as needing a priority patch
• INDY DAO approved the upgrade, and has since been autonomously upgraded on-chain
• User funds were never at risk between the time of the alert & the completion of the upgrade
This is Indigo's first upgrade in response to a security finding. Thanks to the TxPipe team for their work and continued support!
Privacy and compliance. 🤝
@MidnightNtwrk's @BenB_CogBlx joins @CertiK and @IBM in NYC on Oct 22 to talk about institutional crypto compliance.
Privacy that works with regulation helps bring capital onchain.
Indigo is building markets for its arrival. 🔮
What does institutional crypto compliance look like in practice?
Our Chief Technical Advisor, @BenB_CogBlx, joins @CertiK and @IBM in NYC on October 22 to discuss the future of institutional compliance.
See you there!
Indigo speaks agent. ⚡️
🔌 Plug any MCP agent into Indigo and ask:
"Which stability pool has the highest APR right now?"
"Show me my loan positions and their health status"
"Stake 500 INDY"
Know your Loans, Stability Pools & $INDY staking better.
Visit agents.indigoprotocol.io
INDY Cashback Program is LIVE 🔮
Stake 10K+ $INDY. Use Indigo. Get cashback on loan interest + PSM fees.
Unlock up to 10% cashback on loan interest and 50% cashback on PSM fees as you climb tiers!
Stake more. Get more back. 🌱
Only on Indigo.
app.indigoprotocol.io
Congratulations to @realfi_co for their mainnet launch yesterday!
New DAO proposal: add USDrf as PSM collateral. 🔮
Mint $iUSD 1:1 with USDrf, and redeem back to USDrf with ZERO SLIPPAGE!
A Cardano-native dollar route with no bridges and better composability.
Tagged the REAL RealFi this time. 😆
Proposal details and discussion below 👇
clarity.vote/organizations/c…
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There are many ways to earn on Indigo.🔮
@Cryptofly777 walks through the Earn Page and breaks down the different opportunities available across the protocol and its iAsset suite.
Watch the tutorial, explore the Earn Page, and put your assets to work. 🌱
Cardano brought into @Mastercard Crypto Partner Program; Fireblocks committed to custody for Cardano native tokens. Two institutional wins in two weeks!
The rails are being built, & $iUSD will be ready when institutions need a native stablecoin on Cardano. 🏛️
Only on Indigo. 🔮
