Having iAssets available on DEXs is a key factor to promote Indigo’s integration into the broader ecosystem, allowing other users to obtain and use iAssets without having to manage a CDP.
Users who provide liquidity to DEXs receive LP tokens proving they have deposited iAssets. Indigo rewards users who provide iAsset liquidity by allowing them to stake their LP tokens in the protocol and receive INDY rewards.
I propose we whitelist the Minswap ADA/iUSD LP token to earn rewards within Indigo.
How will it work? Do we have to deposit the LP token in the Indigo dApp? If we do it that way, wont we remove the option to yield farm in the DEX? Would be nice to earn both $INDY & $MIN at the same time.
Yeah I was thinking this. But he’s talking about Sundaeswap LPs not MinSwap. It’s like an extra step. Maybe he’s thinking about having Indy rewards instead of sundae . I may be missing something.
I need a point of clarification. Will we be staking lp on Indigo protocol or farming on a minswap triple pool? The value proposition there is noteworthy. If we do it on minswap we will also get min tokens. If we do it on indigo we would get one less revenue stream.
I imagine it will be staking the lps into Indigo. If thats the case my vote will be determined by the rewards structure
