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Indigo Limitless: $iJPY and $iEUR With Indigo V3, Indigo introduced the first non-USD Cardano stablecoin markets $iJPY and $iEUR give users on-chain exposure to the Japanese yen and the euro, expanding Indigo beyond USD-denominated assets and opening new possibilities for forex-based strategies inside Cardano DeFi. More global markets are coming on-chain with Indigo.

Indigo V3 is live. 🔮 This is the largest upgrade in Indigo Protocol’s history. V3 unlocks new markets through Indigo Limitless, expands collateral beyond ADA, introduces no-slippage PSM routing, upgrades the Indigo OrderBook, and brings Pyth-powered oracle infrastructure to the protocol. But just as importantly, V3 strengthens Indigo’s economic design. Native iAsset interest settlement, deeper protocol revenue flows, and a move toward zero INDY emissions create a cleaner foundation for long-term growth. More markets. More collateral. Better execution. Stronger tokenomics. Welcome to Indigo V3. ⚡️

$iUSD can currently be borrowed at 7.5% on $ADA & 10% on $NIGHT - meaningfully lower than many rates across DeFi.🔥 Interest now accrues in its native iAsset form, meaning users manage debt while their collateral remains untouched. Low-cost borrowing & iAsset interest with V3🔮

This has been a pretty rough week for this industry, ecosystem and even Indigo. No one is immune to the market fallout we’re seeing right now. However, I would like to offer some words of encouragement and hope for you all leading into the weekend and next week… We continue to make gains on new markets and Tranche 2 will go live Monday if these DAO approvals hold. PSM has already amassed 550k USD in liquidity! Indigo is also capitalized well with 12-15/mo of runway even at these ADA values, so for anyone concerned on that, don’t be. If ADA falls another 90% it’s another story, but I personally don’t see that happening. We’ve worked tirelessly over the 5+yrs we’ve been here to build a well oiled machine with the right structural rails in order to sustain market fallout as we’ve endured a multitude of times now. This very moment is not different, albeit harsh as there’s ecosystem-wide pain and project closure happening. Luckily for Indigo, we’re buffered for the time being. Appreciate you all. Try not to get too down and here’s to Indigo surviving for the long haul and prospering as the dust eventually settles 💪🏻🙏🏻

Want $iUSD without opening a loan? Now you can swap $USDCx → iUSD directly through Indigo’s PSM with no slippage. $USDM and $USDA support are also on deck if approved by the DAO. Cleaner stablecoin routing on Cardano. 🔄

V3 is live, and Cardano's first Non-USD Stablecoin Markets go live today! 🎉 With voting nearing completion, $iJPY and $iEUR are set to come online as new iAssets through Indigo Limitless, with $NIGHT being added as collateral in the system. This is V3 in motion: new iAssets, new collateral, and faster market expansion. 📈

Tranche 2 Indigo Governance proposals have passed, made possible by V3. ⚡️ This next wave expands Indigo with new collateral markets for iJPY and iEUR: • NIGHT collateral for $iJPY and $iEUR • USDCx collateral for $iJPY and $iEUR And introduces new iUSD PSM routes: • $iUSD/USDM • $iUSD/USDA More collateral. More stablecoin routing. More ways to move capital across Cardano DeFi. Enter the app and use the next wave of Indigo V3 markets! 🎉

V3 is live, and Cardano's first Non-USD Stablecoin Markets go live today! 🎉 With voting nearing completion, $iJPY and $iEUR are set to come online as new iAssets through Indigo Limitless, with $NIGHT being added as collateral in the system. This is V3 in motion: new iAssets, new collateral, and faster market expansion. 📈

Indigo V3 has officially passed on-chain governance. 🎉 The most comprehensive upgrade to Indigo is approved & set to go live imminently. Multi-Collateral Markets, PSMs, Native iAsset Interest, Indigo Limitless, Pyth, & the Bi-Directional OrderBook are almost here. V3 is real. ⏳️