- What is Indigo ProtocolIndigo is an autonomous synthetics protocol for onchain price exposure to realworld assets,built on Cardano,and has brought the first Native Stablecoin to the Cardano ecosystem,iUSD. - How does Indigo workIndigo 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 AssetsSynthetic 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.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 6decimal 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 presale via ICO/ISO/ISPO.What is the Indigo DAOIndigo is a decentralized communityled 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..
Summary of the coin Indigo Protocol
market value (Market Capital) Ranked 1075
highest price statistics: 4.50 $USD total number of coins(Supply): 35,000,000.00 coin circulated (Circulated): 11,045,266.00 coin
31.56%
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Study the exchange market information. Indigo Protocol
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