UI v2, development update, and what’s on the horizon — Introduction Welcome to the inaugural edition of the Indigo Labs newsletter! This will be the first in a new series of regular updates aimed at keeping the Indigo community informed about the latest developments, achievements and future plans in the Indigo ecosystem. As we mark six successful months since Protocol launch…

Open-sourced smart contracts empower developers, strengthen security, and foster ecosystem growth — The Indigo Protocol has taken a significant step towards true decentralization by open-sourcing its smart contracts. A recently-released GitHub repository contains the entire suite of Indigo Protocol’s smart contracts, enabling the community to review and build upon the codebase with meaningful contributions. By making the source code openly accessible, the…

Utilizing CDP Liquid Staking, swapping ADA for iUSD on DEXs, and exploring iUSD’s potential use cases Introduction In the previous articles, we discussed iUSD’s triple-peg mechanism and efficient liquidation system, which have contributed to its stability during recent market volatility. In this final part of the series, we will focus on the process of acquiring iUSD through opening a CDP in Indigo and taking advantage of CDP…

How iUSD’s liquidation process, Stability Pools, and oracles contribute to its resilience Introduction In the first part of this series, we discussed iUSD’s triple-peg mechanism, which ensures its stability even during market turbulence. In this second part, we will delve into the efficient liquidation system of iUSD, exploring the roles of Stability Pools and oracles in maintaining the overall stability of the protocol…

iUSD’s triple-peg mechanism showcases its robust design during recent stablecoin volatility — Introduction In the world of DeFi, stablecoins play a crucial role in providing a stable medium of exchange and store of value. iUSD, a decentralized overcollateralized stablecoin issued on the Indigo Protocol, is the first native stablecoin on the Cardano network. In this three-week series, we will discuss the innovative features…

Doubling yield streams with Indigo Protocol Collateralized Debt Position (CDP) Liquid Staking is a unique feature only possible on Cardano that allows a wallet to receive ADA staking rewards while the delegated ADA is simultaneously used elsewhere. In Indigo’s case, this involves ADA that is used as collateral to mint…

As a decentralized financial tool, the Indigo Protocol relies on data delivered through Oracle services to ensure consistent and accurate iAsset pricing. This post outlines Indigo’s Oracle needs, the solution that Indigo has adopted for launch, and the Indigo Labs team’s efforts to develop additional Cardano-native Oracle options. Indigo’s Oracle…

Disclaimer The content of this summary, as well as the full audit report, should not be construed as financial advice; financial decisions should not be made based on conclusions derived from said documents. While several Indigo Protocol vulnerabilities were discovered during the audit and subsequently resolved, this does not mean that…

iUSD is intended to maintain a peg like well-known centralized stablecoins such as USDC, USDT, and TUSD. However, in light of recent events, it’s now more important than ever to put trust in decentralized solutions. It’s no secret that the Cardano ecosystem needs a viable stablecoin solution before it can…