VyFinance and Indigo Protocol are excited to announce our formal partnership. Our relationship will provide each company with the ability to provide farms on each respective platform and grow VyFinances involvement in the Cardano DeFi Alliance, of which Indigo Protocol is the founding member. Furthermore, in partnership VyFinance and Indigo Protocol will strive to strengthen the relationship between our two companies and foster an ever-growing environment of collaboration and goodwill. Together we will provide a farm of VYFI/INDY on Indigo, and INDY/ADA farm on VyFinance.
ABOUT INDIGO PROTOCOL
Indigo is an algorithmic, autonomous synthetics protocol for on-chain price exposure to real-world assets, built on Cardano. Indigo allows the creation of fungible assets, “synthetics”, that track the price of real-world assets. Indigo synthetics are intended to be used as key building blocks in smart contracts, and to bring the world’s assets to the blockchain.
iAssets enable significant advantages over traditional assets: users can hold them in fractional shares and trade them irrespective of their geographic location or market hours. Users can benefit from price exposure to the underlying asset without going through the obstacles and potential delays of purchasing the real world and/or digital asset. Enabling price exposure to assets via Indigo’s noncustodial & decentralized architecture unlocks opportunities for wealth creation at a global scale for anyone with an internet connection.
ABOUT VYFINANCE
VyFinance is an original interpretation of a DEX, built upon four main pillars. Firstly, a liquidity aggregator (auto harvester) as our top layer, this is where users can come and without managing their own funds, the auto harvester can do that instead. Secondly a Neural Net, a program that teaches itself how to perform tasks, and in this case will be learning how to optimise liquidity over yield farms. Thirdly, a Bar in which a certain percentage of fees from the exchange, and a part of the farm from the Auto harvester will be distributed to the bar (our VYFI holders). Finally, an LMS system to tie it all together. The LMS aims to educate newcomers on how to interact with DEFI successfully and safely, the ultimate goal is for users to engage with the Auto Harvester and eventually gain the essential knowledge to use our more traditional defi tools such pools and farms.
