Indigo Documentation
  • Indigo Basics
    • 🌟Indigo Protocol Brief Overview
    • πŸ› οΈ Indigo Protocol V2
    • πŸ’» Using Indigo
    • πŸ›‘οΈ Collateralized Debt Positions (CDPs)
    • 🏦σ €₯ Interest
    • πŸ’§CDP Liquid Staking
    • 🏊 Stability Pools
    • πŸ’± Redemptions
    • 🚨 Liquidations
    • πŸ’² iAssets
    • 🌱 Governance & INDY Staking
      • AQB & Minimum Quorum
    • πŸ—³οΈ How To Vote
    • πŸ“Š Tokenomics
    • Public Testnet
    • Wallets
  • Guides
    • CDP
    • Stability Pools
  • Resources
    • Indigo Paper
    • Governance Forum
    • Indigo Tokenomics
    • Audit
    • Socials, Interviews & Others
    • Protocol Statistics
      • Month in Review
      • APR / APY calculations
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  • Overview 🌐
  • Available iAssets
  • Creating New iAssets πŸ› οΈ
  1. Indigo Basics

πŸ’² iAssets

Overview 🌐

Defining iAssets

  • iAssets, or "Indigo Assets," are synthetic assets created within the Indigo Protocol. Unlike wrapped assets, Protocol prices for iAssets are derived from tracked assets using a price Oracle, not requiring a bridge to deposit on another chain. These prices are used for liquidations, redemption, and interest settlements.

Available iAssets

  • Upon launch, iBTC and iUSD were available for minting within the Indigo Protocol, offering users immediate access to synthetic versions of Bitcoin and a USD-pegged stablecoin. iETH came just a couple of months later after being approved by the DAO, providing exposure to Ethereum's price dynamics within the Cardano ecosystem.

Creating New iAssets πŸ› οΈ

Asset Potential

  • Any asset with a real-world price can be transformed into an iAsset with the Indigo Protocol so long as there is a viable price feed for the proposed iAsset.

DAO Member Responsibility

  • The addition of new iAssets is overseen by DAO Members. If you wish to propose new iAssets, visit our Governance Forum to initiate a temperature check and engage in the discussion.

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Last updated 11 months ago