Cardano’s #DeFi Synthetics Protocol🔮| iAssets: $iUSD, $iETH, $iBTC | Indigo #DAO Powered by $INDY | 💜 Unleash synthetics with https://t.co/qR6qDr3ell
Sep 27 • 7 tweets • 2 min read
1/ 🌀Indigo Protocol V2.1 is coming to Mainnet!
Algorithmic interest rates, more flexible interest settlement, revived real yield for $INDY holders, and more!
This upgrade brings enhanced iAsset dynamics and boosts protocol health.
🧵Thread👇 2/ 🧠 Algorithmic Interest Rates
⚖️ V2.1 brings dynamic rates that algorithmically adjust based on the health of the Protocol’s collateral. No more static rates—interest responds to the conditions of the system!
May 31, 2023 • 7 tweets • 3 min read
1/🧵🔐 Indigo Protocol Adaptive Quorum Biasing (AQB)
This feature strengthens Indigo's fair DAO Governance with flexible voting thresholds dependent on voter turnout. AQB ensures majority $INDY rule while deterring manipulation. Let's break it down.👇 #IndigoProtocol
2/🗳️💡In most voting systems, a proposal passes when yes votes outnumber the nos, past a static threshold. This is not ideal for long-term #Governance health, participation, and risks manipulation.
With AQB, the quorum (or the yes votes needed) shrinks as more $INDY is cast.