Indigo’s highly ambitious undertaking to build the industry-leading decentralized collateral-based marketplace for synthetic assets has reached yet another crucial and important milestone. Our talented and mission-driven team has developed and refined a number of unique and innovative features over the past year. We are proud to share with our community that the Indigo v1 feature set is now complete.
Indigo v1 offers a full suite of iAssets, which are synthetic assets based on Collateralized Debt Positions and Stability Pools. iAssets will be operated according to a full-featured, decentralized governance protocol, arguably the first of its kind on the Cardano blockchain.
“The Indigo team has worked hard to reach the feature complete milestone. We look forward to now turning to the next leg of our journey with the public testnet and second audit to come.” — Cody Butz, Indigo CTO
What’s next?
Now that we’ve committed to the initial feature set of the Indigo protocol, we are moving on to optimizations and the integration of Vasil. Indigo has also committed to a second audit with Tweag to occur before launch and after the optimizations and the Vasil, feature integrations are complete.
With the Indigo Private Testnet already completed in June, the public testnet is now scheduled to take place as soon as Vasil integrations are complete. The public testnet will be the first opportunity for the general community to use and interact with Indigo, and provide feedback before launch.
Stay tuned!
Indigo is just a few sprints away from linking the real world with the blockchain. v1 of the Indigo Protocol is only the start of Indigo’s plan to bring equal financial opportunities and access to the world. We’re excited to release more updates as we progress. Check on our weekly technical development updates in the Indigo Discord to stay up to speed and join our community.
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