Indigo Protocol iETH current market price is $2,802.57 with a 24 hour trading volume of $14,229. The total available supply of Indigo Protocol iETH is 0 IETH with a maximum supply of (Not Available) IETH. It has secured Rank (Not Available) in the cryptocurrency market with a marketcap of $0. The IETH price is 2.85% up in the last 24 hours.
The lowest price of the Indigo Protocol iETH is $2,706.94 & the highest price is $2,808.50 in the last 24 hours. Live Indigo Protocol iETH prices from all markets and IETH coin market Capitalization. Stay up to date with the latest Indigo Protocol iETH price movements. Check our coin stats data and see when there is an opportunity to buy or sell Indigo Protocol iETH at best price in the market.
#(Not Available)
$2,802.57
$77.7 2.85%
$2,706.94 / $2,808.50
$0 0%
$14,229
0 IETH
(Not Available) IETH
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2.85%
3.84%
8.7%
10.88%
-16.8%
61.88%
Compare live prices of Indigo Protocol iETH on top exchanges.
| # | Exchange | Pair | Price | Volume (24h) |
|---|---|---|---|---|
| Minswap | F66D78B.../ADA | $2,803.84 | $14,143 | |
| WingRiders | F66D78B.../ADA | $2,720.41 | $89 | |
| Minswap | F66D78B.../F66D78B... | $2,777.80 | $1,216 | |
| WingRiders | F66D78B.../ADA | $2,698.75 | $5 |
iETH is synthetic Ether and was the first new iAsset whitelisted by the Indigo DAO for the Indigo Protocol. 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 iETH from a DEX just like any Cardano native asset, or can mint iETH within the Indigo Protocol by depositing ADA as collateral.When users mint iETH 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 iETH position above the MCR. If a user’s collateral becomes worth less than the MCR of their iETH debt, the Indigo Stability Pool providers will allow the user to keep their iETH but will exchange Stability Pool iETH for the user’s higher value ADA collateral. Thereby ensuring that iETH 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 iETH in trading strategies.The Indigo DAO controls the iETH parameters and can therefore vote to raise or lower the Minimum Collateralization Ratio for iETH and all Indigo iAssets.
https://cardanoscan.io/token/f66d78b4a3cb3d37afa0ec36461e51ecbde00f26c8f0a68f94b6988069455448
https://twitter.com/Indigo_protocol
http://discord.gg/indigoprotocol
