Proposal to Launch Indigo Protocol v1

I am so so so thrilled.

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Yeah! Let’s go guys, tokenize everything!

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Good, good, googd Indigo

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I agree to this proposal. Can’t wait to see the finished product.

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I’m super excited about the launch, governance, FDN/Labs structure, and constitution. Well done! Reading through the paper, the Stability Pool contention and Governance contention issues stand out. I’m curious to know how much these solutions have been worked on and if the Team hopes to continue working on better solutions? I’m also curious how other core protocol functions like CDP actions do not face contention issues?

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So proud and loud to be part of great community.

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Great questions. These are definitely top concerns and we do have ideas to mitigate contention issues in v1 and beyond. CDPs don’t rely on global state and thus do not suffer from contention issues. Stability Pools and Governance rely on some global state, so this is where contention comes into play.

The protocol isn’t perfect and there’s still lots of work to be done to make improvements, but we’re confident it’ll have a successful launch.

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They have the highest TVL for cardano, can’t go wrong with that.

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agree with this idea. Knowing that the team will possess the majority of the circulation indy in the first months of launch. I believe 36 -48 months is appropriate, and the 25% is well deserved for all the work.

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Can we open for vote the possibility of extend team vesting for 36 -48 months? And 25% is well deserve for the team after all the work.

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Very exciting news! Looking forward to LBE and launch​:heart::fire:

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Thanks for sharing your thoughts on team vesting. Indigo is a community-led project where all feedback is valued. We’ve been committed to a Fair Launch from the beginning – meaning that Indigo has taken in no outside investments for the core protocol and has not minted, sold, or distributed any tokens. In the end, the community will receive the bulk of the tokens, ensuring long-term full decentralization.

Some other projects took in huge amounts of funding and failed to deliver. Not us. We’ve bootstrapped all the way. The team has been working tirelessly for many months to bring Indigo to life, with many of us taking substantial personal and professional risks. Taking everything into account, the Indigo team concluded that a 24-month vest structure starting at launch was both fair and reasonable.

We continue to believe this is the best decision for the long-term success of Indigo. We’ll be making use of some of these tokens to help fuel the growth of Indigo and accelerate our innovative product ideas to be presented to the DAO. We hope that the community will continue to support us even if you might disagree with this decision.

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Looks good :+1:

Can’t wait for launch!

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Looking forward to the voting day, brothers :heart_eyes:

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great project. Something that is very missing from the Cardano blockchain train

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Have a nice day family

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thank you for this clarification as well. really helps

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More opportunity for the ones really interested.

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Amazingg work team ! Hopefully Indigo gets launched on 3 Dexs

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Let our conscious be our guide.

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