I have been going through some of the Demos and trying to understand the step by step process of trading the IAssets (synthetic Asset?).
Probably an easy one to answer - Do you purchase the IAssets with ADA, INDY or both?
I have been going through some of the Demos and trying to understand the step by step process of trading the IAssets (synthetic Asset?).
Probably an easy one to answer - Do you purchase the IAssets with ADA, INDY or both?
You can buy an iasset from a dex using ADA or whatever currency they allow you to use/swap.
If you are minting an iasset you can use ADA as collateral and possibly INDY as well.
Thanks for the response, clear and concise. I like how this isn’t a dex and need to you engage with other cardano dApps. The minting of iassets will be fun too.
on the INDY protocol you’ll be able to mint iASSETS off a supported collateralized stable coin or ADA
The only way you can buy it is from a DEX. Technically if the ADA or INDY pair exists you can trade that iAsset.
You would have to buy it off their dex in this case with ADA.