iUSD (IUSD)

iUSD (IUSD) is a decentralized synthetic protocol built on the Cardano blockchain, which allows for tokenized trading and exposure to real-world assets. It aims to bridge the gap between the traditional financial system and the blockchain, providing everyone with equal access to financial opportunities. With iUSD, users can create synthetic assets, known as iAssets, which replicate the price movements of real-world assets. These iAssets can be created using stablecoins and ADA, allowing users to profit from the price increase of an asset without actually owning it.

Through its transparent and efficient nature, iUSD exposes users to a wide range of assets without needing to own them physically. This opens up access to financial opportunities previously limited by borders and unequal development possibilities. iUSD operates as an autonomous protocol, allowing users to mint iAssets and participate in various functions such as collateralized debt positions, liquidity pools, and governance voting. The protocol is governed by the Indigo DAO, a decentralized community-led organization that allows community members to vote on important decisions using the INDY token.

The iUSD protocol has a clear roadmap for development, with plans to undergo testing and auditing in Q2 2022, followed by partnership development. The protocol aims to launch its mainnet in Q4 2022 and expand its iAsset suite in the following quarters. The Indigo team plays a crucial role in developing and managing the protocol, with key members serving in various positions such as CEO, CTO, and Community Manager. The project is supported by strategic advisors and partners, including the Cardano DeFi Alliance, which aims to create a robust and dynamic DeFi ecosystem on the Cardano blockchain.