Equalizing the Playing Field

Two people can have the same education, do the same work and put in the same effort, yet not have the same development possibilities. One has access to their share of the growth of the global economy, and the other is left with empty pockets. One will be able to save, plan and invest in their future self. The other will work their whole lifetime only to be left with no reward for their hard work.

It’s brutal and unfair. Borders have limited human development. Until now.

What is Indigo Protocol?

Indigo is an autonomous synthetics protocol for on-chain price exposure to real-world assets, built on Cardano.

How does Indigo work?

Indigo allows anyone to create synthetic assets, known as iAssets. iAssets can be created using currencies such as stablecoins and ADA. They have the same price effect as holding the asset being replicated. This allows you to gain profit from the increase in price of an asset without owning the original asset itself.

What are Synthetic Assets?

Synthetic Assets give users exposure to a variety of assets without the need to actually own the underlying asset. These assets can be anything that has value in the real world. With its transparency, efficiency, low barriers to entry, and decentralized traits, the Blockchain can smoothly deliver all these assets to anyone with access to the Internet.

  • Demonstrated below, Bitcoin (BTC) can be minted as a synthetic Bitcoin (iBTC).

Indigo Web-App PROTOCOL

Below are some of the current functions available.

  • Collateralized Debt Positions (CDP)
  • CDP Liquid Staking
  • Stability Pools
  • Liquidity Pools
  • Stake LP Tokens
  • Governance
  • Staking
  • Polls
  • DEX Aggregator


The INDY governance token comes from its use in the Indigo DAO voting process. The total supply of INDY will be 35M tokens with a 6 decimal precision. The max supply of INDY will be distributed to protocol users, stakers, and LPs over the course of four years. We believe in a fair distribution of the INDY tokens to the early adopters of the protocol, therefore there will be NO community pre-sale via ICO/ISO/ISPO

Token Distribution

How to obtain $INDY

Stability Pools: We reward INDY to stability providers, who deposit iAssets in preparation for collateral liquidation. This is critical for both system solvency, user experience, and security against liquidity risks.

iAsset LP Stakers: We reward INDY to iAsset LP stakers for their commitment to the iAssets LPs, essential to the whole ecosystem’s liquidity. Without them, it’s not easy to do useful things with the minted iAssets.

INDY Stakers: We reward INDY to INDY stakers, who stake and participate in the governance processes of the protocol. We need such incentive for more people to hold INDY, which in turn balances our decentralized system. This prevents having a few whales who run the system.


What is the Indigo DAO?

Indigo is a decentralized community led project. The Indigo DAO owns the Indigo Protocol, including the application, website and all intellectual property. A DAO (decentralized autonomous organization) is like a company, but instead of being incorporated in a country is established in a blockchain.

You, the Indigo community, control the decisions for the Indigo DAO. You can cast your votes using the INDY token. A forum has been established to help facilitate community votes. All Indigo community members are encouraged to join the forum to propose, discuss and vote on ideas to guide Indigo’s future direction.


Q2 2022

Testing and auditing. Private testnet.

Q3 2022

Partnership development. Vasil upgrades.

Q4 2022

Product research and development. Mainnet launch.

Q1 2023

Expanding Indigo iAsset suite, Indigo DEX aggregator, CTL v4 upgrade, transaction optimization, continual UI/UX optimizations and integration with decentralized oracles.

Q2 2023

Continued launch of new iAssets, launch the distributed Frontend Administrator Module (FAM), notification center, Stability Pool scaling, fee distribution optimization, and development of interoperability solutions.

Meet The Indigo Team TEAM

Every member of the Indigo team serves a crucial role in further development and management of the protocol, the community, and direction. Hover over each member to learn more about their experience and role in the Indigo team.

Eric Coley
CEO & Founder
Cody Butz
Daniel Short
Marketing Lead
Nate Minton
Technical Project Manager
Zachary Sluder
Front-end Developer
Kris Fox
Graphic Designer
Allyssa Morales
Aggelos Kappos
Lead Developer
Advait Rane
Financial Quant Advisor
Vismay Joshi
Financial Quant Advisor
Christopher Borders
Legal Advisor
Jonathan Hsu
Product Research


Johnny Nguyen
Advisor, Open Source


Founding members

Cardano DeFi Alliance

The Cardano DeFi Alliance (CDA) was founded by a group of DeFi developers, infrastructure providers, and Plutus software development organizations. At the core of this foundation was the desire to communicate, educate, and innovate. Through these fundamentals the CDA plans to leverage the Cardano blockchain’s strengths to create a robust, and dynamic DeFi ecosystem. Setting an industry standard for all DeFi to emulate.

Indigo News NEWS

Contact Indigo CONTACT

Any question? Reach out to us and we’ll get back to you shortly.