iUSD is Cardano’s first fault-tolerant and fully collateralized native stablecoin released in November of 2022 as part of Indigo Protocol v1. iUSD is pegged to the median value of USDC, TUSD, and USDT; this design allows iUSD to maintain its peg even if one of the three stablecoins (USDC, TUSD, and USDT) depegs. The Indigo Protocol is a CDP (Collateralized Debt Position) based DeFi protocol that brings capital-efficient synthetic assets to the Cardano ecosystem. Users can purchase iUSD from a DEX just like any Cardano native asset, or can mint iUSD within the Indigo Protocol by depositing ADA as collateral. When users mint iUSD within the Indigo Protocol, they must deposit sufficient ADA such that their CDP remains above the applicable Minimum Collateralization Ratio (MCR) - meaning a user deposits collateral in the form of ADA that ensures over-collateralization. If the value of a user's ADA collateral begins to decrease toward the MCR, a user can choose to add more collateral to keep their iUSD position above the MCR. If a user’s collateral becomes worth less than the MCR of their iUSD debt, the Indigo Stability Pool providers will allow the user to keep their iUSD but will exchange Stability Pool iUSD for the user’s higher value ADA collateral. Thereby ensuring that iUSD remains overcollateralized and that the Indigo Protocol remains solvent via its efficient liquidation process. Unique to Indigo, users still receive their ADA staking rewards from stake pool delegation while ADA is being used as collateral in a CDP. This CDP Liquid Staking feature presents a unique use case for iUSD in trading strategies. The Indigo DAO controls the iUSD parameters and can therefore vote to raise or lower the Minimum Collateralization Ratio for iUSD and all Indigo iAssets.
Daily trade volume is 77,065 CHF.
The Indigo Protocol iUSD price today in CHF is 0.837367. Through the Indigo Protocol iUSD price history, the price ranges from 1.055 CHF (all time high) to 0.0000007 CHF (all time low). Indigo Protocol iUSD price last 24 hours fluctuated from 0.852645 CHF (24h high) to 0.834953 CHF (24h low).
Check the Indigo Protocol iUSD value today and exchange rates with more than 15 cryptocurrencies and fiat currencies including USD EUR GBP CNY JPY BRL RUB UAH INR CZK VND TRY CHF SEK BTC ETH BNB
Homepage: https://indigoprotocol.io/
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Indigo Protocol iUSD live price may differ in various exchanges. Check IUSD real-time data to make informed decisions.
You can buy Indigo Protocol iUSD on decentralised or centralised exchanges, via p2p transfers or in individual direct transactions. REVENUEBOT offers an automated trading bot that helps among other things to buy and sell IUSD at predefined levels. This way, no matter, day or night, there is no chance to miss the next move. The REVENUEBOT Indigo Protocol iUSD trading robot will buy and sell following the strategy chosen by you.
In short, yes. But manual transactions, however fast, still can not be done in less than a second. That is why automated trading took over both traditional and crypto financial markets. Use the current price of Indigo Protocol iUSD and trade with REVENUEBOT in less than a second.
In short, only if the current value of Indigo Protocol iUSD will be less than the value of Indigo Protocol iUSD at the moment of selling in the future. The Indigo Protocol iUSD chart can only assist the Indigo Protocol iUSD value today versus tomorrow, or the distant future. No one can guarantee you the profit but the REVENUEBOT is free until it brings you money. Please note that information concerning current Indigo Protocol iUSD value or any other information on this page can not be considered investment, trading, financial advice or any sort of recommendation to act in the financial market. The content is provided for informational purposes only.
The answer to these questions depends on the IUSD supply. Check the Indigo Protocol iUSD live chart to see the current supply and predict how long it will take for the coins to run out.
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