⌛️The Catalyst Fund11 snapshot takes place in 1 day! 🫡Register to vote in the Catalyst app. Here's more info from @danny_cryptofay .⬇️

V2 March 2024 📅 Cardano's premier synthetics protocol.⚖️ #TokenizeEverything with Indigo.🌌

⚡️ Quick Fact: 2,468,884 $ADA was distributed to $INDY Stakers in 2023 and 165,565 ADA in the last 30 days. Indigo Protocol ADA Rewards is a key utility of the INDY token. Now, users can see the amount of ADA distributed to INDY Stakers in the last 30 days! 🧑‍🌾 #Cardano

Indigo has TWO key proposals in #ProjectCatalyst Fund11: 🔒 Indigo Protocol V2 Audit:

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🌐 Indigo Iris: DEX API & Indexer:

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Your vote matters! 🗳️ Register to vote by Jan 15th and shape the future of #DeFi on #Cardano. Learn how here:

📢A fake "Indigo DAO Rewards Token" has been sent to Cardano wallets. Don't be fooled. Tips to prevent scams: 1. Be cautious of anything you ever randomly receive in your wallet 2. Check with the community and announcement channels before doing anything 3. Never connect your…

🔮Indigo Protocol V2 Fee Restructure: Increasing the economic incentive for $INDY Stakers, balancing peg with interest, and generating ADA revenue for the Indigo DAO Treasury.⚖️ #Cardano Read here:

December in review: TVL passes 100M USD before the end of 2023. Next stop 500M in 2024.🫡 #IndigoProtocol 🌟Metrics: 102.29M USD #TVL 31.36M USD iAsset MC - $iUSD, $iBTC, $iETH 1,709 CDPs 9.08M $INDY Circ. Supply 5.9M $INDY Staked (~65% of Circ. Supply)

2023 was a tremendous year for Indigo and the entire #Cardano ecosystem. Here's to an even better year ahead. Happy New Year! 🎉🥂

How do you use #IndigoProtocol? 🔮

Our end-of-year community call is happening in just over 24 hours. Set a reminder and join us at 7 PM UTC tomorrow. 🫡

Merry Christmas from Indigo Labs!🎄🎁 Thank you to the Indigo Community for all of your support this year. Hoping for a great holiday season for all of you!🙏 #CardanoCommunity

📆 Indigo Labs is hosting the next Indigo Insights Community Call on Friday, December 29th at 7PM UTC. Come join the conversation as we look ahead to Indigo's plans for 2024 with the launch of V2 only a few months away. 🔮 #CardanoCommunity

The open-sourced Dexter v5.0.0 has been released with @TeddySwap & Spectrum/ @splashprotocol integrations! ✅ Good ol' @beaumont_dvd pushed the update this time, giving him some well-deserved credit for all of his help. 🙏 #CardanoCommunity

Indigo DAO Treasury Asset Balance has been added to the Indigo Protocol Web App.🪙 The #DAO Treasury will be unlocked with the upgrade to Indigo Protocol V2. This gives the community access to the Indigo DAO war chest worth over $14M.⚖️ This treasury will be used by the DAO for…

🛠️The Project Catalyst Fund 11 Review Stage has begun! Reviewers can now submit feedback on Indigo Labs' two Fund 11 proposals until the January 4th deadline. Indigo Protocol V2 Audit:

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Indigo Iris DEX API & Indexer:

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Indigo Labs would like to confirm that Indigo Protocol does not directly interact with @Ledger Connect or the Connect Kit. 🔐✅

1/4⚙️🌊Indigo Labs is solving UTxO contention with Stability Pool transactions in V2 using the Liquidity State Transition (LST) solution. #Cardano in V1, multiple users compete to update the SP, causing transaction rejections. The diagram helps visualize this bottleneck effect.

#Cardano DeFi is just heating up 🔥

Indigo Protocol V2: Dual Peg Mechanisms⚖️ 🫡Deeper insights into two pivotal features of V2 — $iAsset Redemption and the new Interest Mechanism are integral to Indigo's Hard & Soft Peg mechanisms, ensuring the stability of $iUSD & iAssets. #CardanoADA

November review: Indigo Protocol V2 under development, bringing enhanced stability for $iUSD, $iBTC, & $iETH!⚡️ 🌟Metrics: 63.34M USD #TVL 25.65M USD iAsset MC - $iUSD, $iBTC, $iETH 1,823 CDPs 8.48M $INDY Circ. Supply 5.3M $INDY Staked (~63% of Circ. Supply)

Congrats to @Indigo_protocol for surpassing 7k wallets and 50k transactions for the $INDY token 🎉 15 out of the top 20 wallets are held by 🐳 - something is brewing! #CardanoDefi #Cardano $ADA

The Proposal to Develop Indigo Protocol V2 has passed! 🎉 Indigo Labs is now set to develop the Redemption, Liquidity State Transitioning, & other V2 features in preparation for the V2 Audit proposed in Fund11. With Protocol V2 upgrade, the #DAO Treasury is unlocked.🪙 #Cardano

Integrating $iUSD on @liqwidfinance as isolated collateral significantly enhances its market dynamics. Following the Indigo Protocol V2 launch & the implementation of redemption, $iUSD, along with other iAssets, will offer expanded utility across all Liqwid money markets as…

⌛️Only a few hours remain before the $iUSD MCR is increased to 150%. There are 2 CDPs totaling 1,750 $ADA currently under the new $iUSD MCR. ⚖️If users haven't already, ensure you've adjusted your CDP as necessary before the MCR increase today, Dec 1st, at 8 PM UTC.

Indigo Labs Catalyst Fund 11 Proposal #2: Indigo Iris🧿 A DEX API & Indexer that streamlines DEX data for better user empowerment, education, & community collaboration. Being fully open-sourced, developers can run their own or use public instances. 🫂 ➡️https://t.co/cUR2if9fVW

Indigo Labs is back for Project Catalyst Fund 11! Proposal #1: Indigo Protocol V2 Audit 🛠️ ⚡Indigo Foundation will contract with MLabs to do a 1-month audit of the V2 Aiken Smart Contracts. We're stepping into the next phase with the V2 Audit, ensuring the robust security and…

📔For all of the @TyphonWallet community - As of today, you can now use Typhon with @Indigo_protocol ! 🔥

📢The Indigo #DAO proposal to increase $iUSD MCR to 150% has passed. As of the time of writing, 7 of the 1,023 iUSD CDPs are currently under the approved 150% iUSD MCR, totaling 1,719,420 $ADA. ➡️The 150% MCR will go into effect on Dec 1st, 8pm UTC. Help spread the word.

🎉The On-Chain Proposal to Develop Indigo Protocol V2 is LIVE! Bringing the Redemption Mechanism, Liquidity State Transitioning, and the #DAO Treasury Unlock just to name a few. Voting will be open for 5 days, ending November 30th. Go vote! $INDY 🔥

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📢 PSA: Proposal #29 Grace Period Extension: Many have requested for a longer grace period before the implementation of Proposal 29 (If passed). The effective execution delay built into V1 Governace only allows for less than 7 days and is not technically feasible for further…

A day to spend with the people you love, remember all you're thankful for, and touch grass. Happy Thanksgiving! 🦃

A new proposal is live on the forum to support $iUSD from @Indigo_protocol as isolated collateral in the $ADA market💡 If passed this would enable Indigo iUSD CDP owners to capture arbitrage profit on iUSD depegs while helping return iUSD back to peg via the following steps: 1.…

In just a year, Indigo achieved 29 important DAO votes, significant growth in its user community, and a surge in TVL. But that's just the beginning. If DAO approved, Protocol V2 brings improvements that enhance stability and broaden iAsset support.

The Indigo DAO proposal to increase $iUSD MCR to 150% is on-chain. Visit the proposal below to cast your vote.🏦 Notice: If this proposal passes on 11/26, users will have 48 hrs to modify their positions before the change goes into effect on 11/28.

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🛠️The off-chain Poll for the Proposal to Develop Indigo Protocol V2 is live!🔥 ⏳If approved during the 5-day voting period, the proposal will move on-chain. Join the Indigo Forum and vote below. #IndigoDAO

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An off-chain poll for the Strategic Adjustment of $iUSD MCR, created by @PibeAge , is currently live. 🏦 If passed, the MCR for iUSD would increase to 150%. MCR would reduce by 5% every 2 epochs for the next 8 epochs, landing at 130% as peg stabilizes.

🔬 We've enhanced the Indigo Protocol V2 Temperature Check Proposal with new insights. Get a deeper understanding of Liquidity State Transition (LST) and understand the RMR Mechanism from the diagram. #IndigoDAO 🫡 Explore the updated V2 Proposal here:

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As a community, we've entered an era where collective endeavors take the forefront. With utmost enthusiasm, we congratulate @Indigo_protocol and the team for claiming the top spot in TVL Rank! That being said, our fourth artistic collaborator is none other than:

State of stablecoins We are discussing the various stablecoins and how they bring liquidity & utility to Cardano With guests from @MinswapDEX , @Indigo_protocol and @MehenOfficial Set your reminders now!

October in review: Indigo secures the #1 TVL position on #Cardano and releases the off-chain DAO Proposal for v2! ⚡️ 🌟Metrics: 49.14M USD #TVL 23.47M USD iAsset MC - $iUSD, $iBTC, $iETH 1,890 CDPs 7.94M $INDY Circ. Supply 5.2M $INDY Staked (~65% of Circ. Supply)

Good people, good places, and great memories. Until next time 🥂 we stay building! #CardanoSummit2023

Yesterday, the on-chain vote to appoint Simon Peters as Indigo Foundation Director passed with record-setting participation of 2.9M votes, over 56% of staked INDY. 🤝Simon ( @snj_peters ) has shared this official statement: "I am excited to announce that I, Simon Peters, have…

The @Indigo_protocol is now #1 in #Cardano TVL even with the Include in TVL: Staking button turned off.

$INDY has hit an ATH in number of wallets & amount of tokens staked.

Indigo Labs is in the building! 🇦🇪 Its great to be in Dubai, meeting face-to-face with Cardano colleagues. Say hi if you see us. 😎 #CardanoSummit2023

The on-chain proposal for the Appointment of Simon Peters ( @snj_peters ), co-founder of @Xerberus_io , as Indigo Foundation Director is LIVE! 🏛 #CardanoCommunity Vote Now:

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🎉The on-chain DAO proposal for the Rewards Restructure & Emissions Extension has passed! The planned emissions increase for December is now canceled, extending the emissions period to the year 2030. Understand the $INDY rewards changes👇

Indigo, #Cardano-based DeFi protocol, has risen to prominence, entering top 10 of overall DeFi ecosystem @Indigo_protocol

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#Cardano

Congratulations to Indigo

Indigo Protocol now shows $INDY staked in Governance as TVL! When including Staking in TVL, Indigo Protocol now ranks #1 on @DefiLlama 🔥 #Goingfornumber1