spot_img
spot_img
5 C
London
Wednesday, February 1, 2023
HomeCOINSIndigo Protocol (IUSD) Coin Complete Detailed Review

Indigo Protocol (IUSD) Coin Complete Detailed Review

REVIEW OVERVIEW

Cost Value
Trust Score
Customer Services
Available At Market
Development Score
- Advertisement -

About Indigo Protocol (IUSD)

Indigo Protocol (IUSD) When users mint iUSD within the Indigo Protocol, they must deposit sufficient ADA such that their CDP remains above the applicable Minimum Collateralization Ratio (MCR) – meaning a user deposits collateral in the form of ADA that ensures over-collateralization. If the value of a user’s ADA collateral begins to decrease toward the MCR, a user can choose to add more collateral to keep their iUSD position above the MCR. If a user’s collateral becomes worth less than the MCR of their iUSD debt, the Indigo Stability Pool providers will allow the user to keep their iUSD but will exchange Stability Pool iUSD for the user’s higher value ADA collateral. Thereby ensuring that iUSD remains overcollateralized and that the Indigo Protocol remains solvent via its efficient liquidation process.

Indigo Protocol (IUSD) Basic Point Table

Coin BasicInformation
Coin NameIndigo Protocol
Short Name(IUSD)
Circulating Supply3,070,000 IUSD
Total Supply3,070,000
Source CodeClick Here To View Source Code
ExplorersClick Here To View Explorers
Twitter PageClick Here To Visit Twitter Group
WhitepaperClick Here To View
Support24/7
Official Project WebsiteClick Here To Visit Project Website

Meet The Team Member

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.

1

Indigo Protocol (IUSD) Price Live Data

The live Indigo Protocol price today is $1.01 USD with a 24-hour trading volume of not available. We update our IUSD to USD price in real-time. Indigo Protocol is down 89.52% in the last 24 hours. The current CoinMarketCap ranking is #8982, with a live market cap of not available. The circulating supply is not available and the max. supply is not available.

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.

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.

TOKENOMICSTOKENOMICS

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

Stability Pools:

They 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:

They 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.

Features

Fully Decentralized

FTMlaunch will be governed by a DAO which will enable the community to be more involved in decision making.

Fair and equitable fundraising

IDO projects on FTMlaunch have 100% fair allocations, which are determined by the quantity of FTML staked.

Deflationary

50% of the FTMlaunch’s revenue will be used to buy back and burn $FTML tokens

Roadmap

2

Where Can You Buy Indigo Protocol (IUSD)?

Indigo Protocol (IUSD) Coin Complete Detailed Review

Video Of Indigo Protocol (IUSD)

Faq Of Indigo Protocol

Where I Can Find Indigo Protocol Coin Whitepaper ?

You Can Find Indigo Protocol Whitpaper By Clicking Here

Where I Can Buy/Sell Indigo Protocol

You Can Buy Or Sell Indigo Protocol On Some Popular Exchange For Example – Binance , Coinbase , Huobi Etc .

What Is Total Supply Of Indigo Protocol?

Total Supply Of Indigo Protocol Is 3,070,000

[presto_player id=48363]

- Advertisement -

JUST NOW PRESS RELEASE

RELATED ARTICE BY WOOTFI MILE TEAM

About Indigo Protocol (IUSD) Indigo Protocol (IUSD) When users mint iUSD within the Indigo Protocol, they must deposit sufficient ADA such that their CDP remains above the applicable Minimum Collateralization Ratio (MCR) - meaning a user deposits collateral in the form of ADA that ensures...Indigo Protocol (IUSD) Coin Complete Detailed Review