September 2021
Development of Smart Contracts
Web App v2 Demo
Catalyst Fund 6 Entry
BUILDING ASSETS ON THE BLOCKCHAIN
Indigo is an algorithmic, autonomous synthetics protocol for on-chain price exposure to real-world assets, built on Cardano.
What is Indigo Protocol?
Indigo allows the creation of fungible assets, “synthetics”, that track the price of real world assets. Indigo synthetics are intended to be used as key building blocks in smart contracts, and to bring the world’s assets to the blockchain.
Mint
Trade
Pool
Stake
Govern
Whitepaper & Tech Docs
Read more about the Indigo Protocol and how it fits in the DeFi Ecosystem of the Cardano blockchain. Tech docs are coming soon.
Download WhitepaperDownload Yellowpaper
What is $INDY token?
$INDY is Indigo Protocol’s governance token. It is primarily used for governance but also is used as a reward for stakers in the platform. There is no private sale of $INDY tokens.
Token Allocation
How to earn $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: 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 to 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.
DEX Airdrop: We require a DEX to expose the iAssets further and create a revenue stream from yield farming for different agents in the protocol. A DEX will be decided after a certain amount of time (1 year after genesis) through democratic governance voting.
Frequently Asked Questions
Learn more about the Indigo Protocol here.
How can I use Indigo?
Currently, Indigo is in development so there is no way to interact with the protocol. However, when the application is launched there will be both a Web and Mobile application that allows you to interact with the Indigo Protocol.
What are the key benefits of Indigo?
Indigo will allow anyone, anywhere, at any time to tokenize any asset and trade it. It allows people to enter markets they otherwise would never have access to, and it levels the playing field in terms of financial freedom. As the usage of iAssets grows we will become freed from the constraints that have been placed on trading, investing, and saving. This is the power of decentralized finance.
How can I earn $INDY?
Those who wish to earn $INDY tokens can do so in two different ways:
1. By providing liquidity to any iAsset pool pairs.
2. By staking your $INDY to the protocol, you earn rewards generated from withdrawing collateral from CDP positions within the protocol.
What are iAssets?
iAssets are blockchain tokens that behave like synthetic versions of real-world assets by reflecting the exchange prices on-chain. They give traders the price exposure to real assets while enabling fractional ownership, open access and censorship resistance as any other cryptocurrency.
Team
Eric Coley
CEO, Co-FounderBrings 13+yrs in the enterprise technology space. In 2012 launched a consulting agency focused on guiding businesses into scalable and hosted technology solutions of all kinds. Extending the entrepreneurial experience into the blockchain realm to help build and empower people. A strong passion for oceanic conservation and protection of shark by catching, tagging and releasing healthy and documented fish for NOAA’s Apex Predator Program!
Dewayne Cameron
CIO, Co-FounderWith four years of experience in management consulting and software implementations where he led product development, data analysis, and strategic transformation projects in public sector organizations. Dewayne holds a Master (MSc) in Finance from Durham University Business School, U.K. Dewayne also serves as co-founder of Liqwid, an open source protocol for lending built on Cardano.
Daniel Short
Community ManagerWith over 4 years of experience in sales and marketing of complex customer solutions in real estate, lending, cybersecurity, and data storage, Daniel has pursued a vision of marketing products and services that he believes in wholeheartedly. Outside of the office, Daniel has a strong passion for competitive bodybuilding and fitness.
Roadmap
October 2021
Code Review & Security Audits
Partnership Announcements
November 2021
Integration Development
Wallet Integration on Web App
December 2021
Indigo Protocol v1 Testnet Launch *
January 2022
Indigo Protocol v1 Mainnet Launch *
* Roadmap items subject to change, based on IOHK development of Plutus.