V3 is live, and Cardano's first Non-USD Stablecoin Markets go live today! 🎉
With voting nearing completion, $iJPY and $iEUR are set to come online as new iAssets through Indigo Limitless, with $NIGHT being added as collateral in the system.
This is V3 in motion: new iAssets, new collateral, and faster market expansion. 📈
Indigo V3 Proposal is live for review on Clarity. ⚡
This is the most comprehensive upgrade in Indigo’s history, bringing multi-collateral, PSMs, native iAsset interest settlement, the bi-directional Indigo OrderBook, Pyth, & Indigo Limitless. 💎
Read:
https://t.co/3jdQZ4veqn
The Indigo Innovation Proposal is Live on Intersect 🚀
After months of intensive ideation, collaboration with DReps, and deep product design, we are proud to announce that the Indigo Innovation Proposal is officially live and available for review on the Intersect Hydra Voting Portal.
The support we received during the draft phase was overwhelmingly positive and has strengthened our resolve to deliver these solutions.
What the Indigo Innovation Proposal brings to Cardano:
🔹Institutional-Grade RWAs: Tokenized Short Duration Treasuries to Cardano via iUSDt, bridging the gap between institutional access and our ecosystem.
🔹BTC-Fi & Privacy: Integrating Bitcoin primitives and shielded iAssets via Midnight to expand the utility of the network.
🔹The V2030RS Framework: A Vision 2030 Revenue Share model designed to provide perpetual, sustainable revenue directly to the Cardano Treasury.
Now, we move into the most critical phase.
Your Action Needed: We invite every community member and DRep to review the proposal and show your support.
👍 Review and Support the Proposal on Intersect: https://t.co/ovl23uQdDh
💵15,000,000,000
That’s the current size of the tokenized treasury market. It’s a burgeoning, explosive vertical, and Cardano needs a seat at the table.
Cardano has a real opportunity through secure RWA infrastructure. Indigo has the solution.
Read the Innovation Proposal (link in bio) to see how we are bringing institutional-grade RWA infrastructure to Cardano.
Indigo is about to unlock an entirely new on-chain use case.
Introducing Limited Redemption Positions (LRPs) — a modular, slippage-free, interest-free way to deploy ADA into iAssets at your price.
✅️ Set a target
✅️ Lock ADA
✅️ Get filled when the market hits
No CDP. No minting. No slippage.
This is a fully bolt-on additional feature coming to Indigo. LRPs introduce a new DeFi primitive tool that expands the capabilities of Indigo for users.
LRPs enable:
• OTC-style capital deployment
• Passive iAsset accumulation
• Stronger peg via more redeemables
• Smarter protocol alignment with large capital flows
It’s capital efficiency, built into the protocol.
A governance proposal to officially introduce LRPs in detail is coming soon.
Fully automated CDP management—executed on-chain, with your keys, your control.
This is Indigo Autopilot:
🔹 Strategy-based execution
🔹 Locally hosted
🔹 No key custody
Smart position management and automation is being built for everyone! 🟣
@blockchainchick Let's stop being polite.
The timing is full retard.
BTC is at the top of a 5 wave move up, showing massive negative divergence on RSI with an Altcoin seazn loading.
Trade ADA for BTC and stables now?
@CardanoSaint I don't understand the constant push for usdm when $iusd is equally a good choice. The ada doesn't even need to be sold. It can be supplied to a CDP and remain in the treasury wallet, and the treasury can mint more while ada appreciates in value.
This seems to be what people have forgotten about Indigo and how CDPs work. Supplied ada is retained by the wallet owner. Its non-custodial and is still yours! Meaning that the treasury would still own this $100 mio in ada.
USDM (Buy-backed)
You sell ADA to get USDM (or swap something else, but let's say ADA).
That means immediate sell pressure on ADA.
You're now holding USDM, which may be 1:1-ish with the USD, but you've exited ADA exposure.
Thanks to @Indigo_protocol recent governance proposal
https://t.co/Myzz49WDYY
Interest rates on $iusd were capped to 25%. This dynamic shift moved $iusd interest on CDPs to 12.5%!