What terminology should we use to describe Indigo?

Indigo’s tokenomics currently is broken down into 6 terms:

  1. Stability Pool
  2. iAsset LP
  3. $INDY Stakers
  4. DEX Staking / Airdrop
  5. Community Funds
  6. Team Distribution

DEX Staking / Airdrop has since been renamed to Initial Token Distribution (ITD). Team Distribution is to be shortened Team. Community Funds is to be renamed to DAO Treasury.

Up for discussion is what other terms on the tokenomics chart should be renamed and which terminology choices could we use for Indigo’s features/capabilities.

This is not an official vote. This is a discussion to get input from the community about which phrases make the most sense. Voting doesn’t mean you’ll receive a reward of any kind. The vote result also doesn’t obligate the Indigo team to use the terminology proposed. There could be new terminology proposed in the future that makes even more sense and be more suitable to use.

Proposals x.1

Proposal 1.1: Stability


Stability. Stake your iAssets to an Indigo Stability Pool — earn INDY and liquidation rewards.

You stake iAssets to a Stability Pool because your iAssets are at risk of loss to maintain protocol stability in exchange for compensation. You’re now providing Stability and are rewarded via Stability distributions.

Proposal 2.1: Stability Incentives


Stability Incentives. Stake your iAssets to an Indigo Stability Pool — earn INDY and liquidation rewards.

You stake iAssets to a Stability Pool because your iAssets are at risk of loss to maintain protocol stability in exchange for compensation. You become a Stability Staker and are distributed Stability Incentives.

Proposal 3.1: Stability Rewards


Stability Rewards. Stake your iAssets to an Indigo Stability Pool — earn INDY and liquidation rewards.

You stake iAssets to a Stability Pool because your iAssets are at risk of loss to maintain protocol stability in exchange for compensation. You become a Stability Staker and are distributed Stability Rewards.

Proposal 4.1: Stability Stakers


Stability Staking. Stake your iAssets to an Indigo Stability Pool — earn INDY and liquidation rewards.

You stake iAssets to a Stability Pool because your iAssets are at risk of loss to maintain protocol stability in exchange for compensation. You become a Stability Staker and are rewarded via Stability Staking distributions.

Proposals x.2

Proposal 1.2: Liquidity


Liquidity. Provision iAssets as liquidity to a DEX — earn INDY as a reward.

You provision your iAssets to a DEX and either stake your LP tokens to a Liquidity Provider Pool or follow instructions for one of Indigo’s partnered DEXs. You’re now providing Liquidity and are rewarded via Liquidity distributions.

Proposal 2.2: Liquidity Incentives


Liquidity Incentives. Provision iAssets as liquidity to a DEX — earn INDY as a reward.

You provision your iAssets to a DEX and either stake your LP tokens to a Liquidity Provider Pool or follow instructions for one of Indigo’s partnered DEXs. You’re now providing Liquidity and are rewarded via Liquidity Incentives.

Proposal 3.2: Liquidity Proofers


Liquidity Proofing. Prove to an Indigo Liquidity Provider Pool that you’re providing iAssets as liquidity to a DEX — earn INDY as a reward.

You prove that you’re a DEX liquidity provider either by depositing DEX LP tokens to a Liquidity Provider Pool or following instructions for one of Indigo’s partnered DEXs. You become a Liquidity Proofer and are rewarded via Liquidity Proofing distributions.

Proposal 4.2: Liquidity Rewards


Liquidity Rewards. Provision iAssets as liquidity to a DEX — earn INDY as a reward.

You stake your iAssets to a DEX and either stake your LP tokens to a Liquidity Provider Pool or follow instructions for one of Indigo’s partnered DEXs. You’re now providing Liquidity and are rewarded via Liquidity Rewards.

Proposal 5.2: Liquidity Stakers


Liquidity Staking. Provision iAssets to a DEX and stake to an Indigo Liquidity Provider Pool — earn INDY as a reward.

You stake your iAssets to a DEX liquidity pool and either stake your DEX LP tokens to a Liquidity Provider Pool or follow instructions for one of Indigo’s partnered DEXs. You become a Liquidity Staker and are rewarded via Liquidity Staking distributions.

Proposals x.3

Proposal 1.3: Governance


Governance. Vote on Governance proposals using your INDY — earn INDY as a reward plus your share of Indigo Protocol fees.

You stake your INDY to vote for or against Indigo Governance proposals. You’re now participating in Governance and are rewarded via Governance distributions.

Proposal 2.3: Governance Delegators


Governance Delegating. Delegate your INDY towards Indigo Governance proposals — earn INDY as a reward plus your share of Indigo Protocol fees.

You delegate your INDY to vote for or against Indigo Governance proposals. You become a Governance Delegator and are rewarded via Governance Delegating distributions.

Proposal 3.3: Governance Incentives


Governance Incentives. Vote on Governance proposals using your INDY — earn INDY as a reward plus your share of Indigo Protocol fees.

You stake your INDY to vote for or against Indigo Governance proposals. You’re now participating in Governance and are rewarded via Governance Incentives distributions.

Proposal 4.3: Governance Rewards


Governance Rewards. Vote on Governance proposals using your INDY — earn INDY as a reward plus your share of Indigo Protocol fees.

You stake your INDY to vote for or against Indigo Governance proposals. You’re now participating in Governance and are rewarded via Governance Rewards distributions.

Proposal 5.3: Governance Stakers


Governance Staking. Vote on Governance proposals using your staked INDY — earn INDY as a reward plus your share of Indigo Protocol fees.

You stake your INDY to vote for or against Indigo Governance proposals. You’re now a Governance Staker and are rewarded via Governance Staking distributions.

61 Likes

Voted! Excited on what indigo protocol has to offer

11 Likes

Very big leven this community!! congratulations and keep the good work guys.You are number 1!!

8 Likes

This is definitely a useful voting. Yesterday I was reading through the whitepaper and the info on the website and found out the terminology can be a bit confusing.

4 Likes

Voted!! Very excited about what this team will bring to the Cardano ecosystem!

5 Likes

Great thoughts and time put into this. Happy to vote!

3 Likes

I’ve voted and look forward to seeing the results and what everyone else has voted for :+1:t2:

4 Likes

Fantastic job. Taking care of the details with the help of the community

2 Likes

Indigo Protocol is becoming more and more exciting. Awesome potential.

3 Likes

Likewise , I believe Indigo will produce an amazing project.

3 Likes

Fun to learn more about the functions of Indigo through voting on proposals! :smiley:

2 Likes

Nice to see the team, giving so high importance on voting and giving the incentices to anyone here to vote for even things like the common used terminology within project.

6 Likes

Voted :100::100::100: all terms should be same to avoid confusion and misleading to protocol users. :laughing::100::clap:t4::pray:t4:

4 Likes

voted. good summary to recognize

3 Likes

Voted, love the way the project pays attention to the details. If this much thought goes into the wording, give a great feeling for the development and QA of the project.

3 Likes

I’m glad the vote is happening since I tried suggesting this in the earlier thread, still would have liked ‘Provider’ as an option :sweat_smile:

2 Likes

excellent use of the governance!
congratulations!

2 Likes

try this

You stake iAssets to a Stability Pool to maintain protocol stability, because your iAssets are at risk of loss, you are compensated. You’re now providing Stability and are rewarded via Stability distributions.

4 Likes

Voted. Very well laid out and put together

4 Likes

Something like this?

Stability Providers

Stability Providing. Provide your iAssets to an Indigo Stability Pool — earn INDY and liquidation rewards.

You provide iAssets to a Stability Pool because your iAssets are at risk of loss to maintain protocol stability in exchange for compensation. You become a Stability Provider and are rewarded via Stability Providers distributions.

Liquidity Providers

Liquidity Providing. Provide iAssets to a DEX and stake to an Indigo Liquidity Provider Pool — earn INDY as a reward.

You provide your iAssets to a DEX liquidity pool and either provide your DEX LP tokens to a Liquidity Provider Pool or follow instructions for one of Indigo’s partnered DEXs. You become a Liquidity Provider and are rewarded via Liquidity Providers distributions.

6 Likes