About Indigo Protocol
Indigo Protocol is falling this week. The current price of Indigo Protocol is ERN 3.61 per INDY. With a circulating supply of 16,052,819 INDY, it means that Indigo Protocol has a total market cap of ERN 59,390,516.93. The amount of Indigo Protocol traded has risen by ERN 819,715.35 in the last 24 hours, which is a 72.04% increase. Additionally, in the last day, ERN 1,137,886.35 worth of INDY has been traded.
The exchange rate of Indigo Protocol is decreasing. The current value of 1 INDY is ERN 3.61 ERN. In other words, to buy 5 Indigo Protocol, it would cost you ERN 18.04 ERN. Inversely, ERN 1.00 ERN would allow you to trade for 0.2771 INDY while ERN 50.00 ERN would convert to 13.86 INDY, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 46.77%. Meanwhile, in the last 24 hours, the rate has changed by 29.3%, and that the highest exchange rate of 1 INDY to ERN was ERN 0.00 ERN and the lowest 24 hour value was 1 INDY for ERN∞ ERN. Last month, 1 INDY was worth ERN 0.00 ERN. Today, it's down 45.27%. Looking back a year, Indigo Protocol has changed by ERN 0.00 ERN. That means that in a single year, the value of Indigo Protocol has shrank by 92.46%.
Indigo Protocol Market Stats
What is Indigo Protocol? Indigo is an autonomous synthetics protocol for on-chain price exposure to real-world assets, built on Cardano, and has brought the first Native Stablecoin to the Cardano ecosystem, iUSD. How does Indigo work? Indigo allows anyone to create synthetic assets, known as iAssets. iAssets can be created using currencies such as stablecoins and ADA. They have the same price effect as holding the asset being replicated. This allows you to gain profit from the increase in price of an asset without owning the original asset itself. What are Synthetic Assets? Synthetic Assets give users exposure to a variety of assets without the need to actually own the underlying asset. These assets can be anything that has value in the real world. With its transparency, efficiency, low barriers to entry, and decentralized traits, the Blockchain can smoothly deliver all these assets to anyone with access to the Internet. The INDY governance token comes from its use in the Indigo DAO voting process. The total supply of INDY will be 35M tokens with a 6-decimal precision. The max supply of INDY will be distributed to protocol users, stakers, and LPs over the course of four years. We believe in a fair distribution of the INDY tokens to the early adopters of the protocol, therefore there will be NO community pre-sale via ICO/ISO/ISPO. What is the Indigo DAO? Indigo is a decentralized community-led project. The Indigo DAO owns the Indigo Protocol, including the application, website, and all intellectual property. A DAO (decentralized autonomous organization) is like a company, but instead of being incorporated in a country is established in a blockchain. You, the Indigo community, control the decisions for the Indigo DAO. You can cast your votes using the INDY token. A forum has been established to help facilitate community votes. All Indigo community members are encouraged to join the forum to propose, discuss and vote on ideas to guide Indigo’s future direction.
Conversion tables
ERN to INDY values from Today at 3:03 am
ERN 0.50 ERN = 0.1386 INDY |
ERN 1.00 ERN = 0.2771 INDY |
ERN 5.00 ERN = 1.39 INDY |
ERN 10.00 ERN = 2.77 INDY |
ERN 50.00 ERN = 13.86 INDY |
ERN 100.00 ERN = 27.71 INDY |
ERN 500.00 ERN = 138.56 INDY |
ERN 1,000.00 ERN = 277.12 INDY |
INDY to ERN values from Today at 3:03 am
0.5 INDY = ERN 1.80 ERN |
1 INDY = ERN 3.61 ERN |
5 INDY = ERN 18.04 ERN |
10 INDY = ERN 36.09 ERN |
50 INDY = ERN 180.43 ERN |
100 INDY = ERN 360.86 ERN |
500 INDY = ERN 1,804.28 ERN |
1,000 INDY = ERN 3,608.56 ERN |
ERN to INDY over time
ERN | Today | 24H -16,623.12% | 1M -16,623.12% | 1Y -16,623.12% |
|---|---|---|---|---|
0.5 ERN | 0.1386 INDY | 0.50 INDY | 0.50 INDY | 0.50 INDY |
1 ERN | 0.2771 INDY | 1.00 INDY | 1.00 INDY | 1.00 INDY |
5 ERN | 1.39 INDY | 5.00 INDY | 5.00 INDY | 5.00 INDY |
10 ERN | 2.77 INDY | 10.00 INDY | 10.00 INDY | 10.00 INDY |
50 ERN | 13.86 INDY | 50.00 INDY | 50.00 INDY | 50.00 INDY |
100 ERN | 27.71 INDY | 100.00 INDY | 100.00 INDY | 100.00 INDY |
500 ERN | 138.56 INDY | 500.00 INDY | 500.00 INDY | 500.00 INDY |
1,000 ERN | 277.12 INDY | 1,000.00 INDY | 1,000.00 INDY | 1,000.00 INDY |
Frequently asked questions
Right now, 1 Indigo Protocol is worth about ERN 3.61.
Based on the current rate, you could get 0.2771 INDY for 1 ERN.
Indigo Protocol price has been declining. Since yesterday, the exchange rate of Indigo Protocol has decreased. Since last month, the exchange rate of Indigo Protocol has decreased. Since this time last year, the price of Indigo Protocol has decreased.
You can use our INDY to ERN calculator at the top of this page to convert any amount of INDY to ERN. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 ERN is equivalent to 1.39 INDY. Inversely, 5 INDY will cost about ERN 18.04
Indigo Protocol is not currently available through Coinbase, but you can sign up to get the latest news on Indigo Protocol and be notified when it is available.
There are a number of crypto assets that have the a similar or comparable market cap to Indigo Protocol, including Crown by Third Time Games, 安, and Rai Reflex Index. For a more robust list of assets to explore, jump to the asset page dedicated to Indigo Protocol.
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This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Coinbase to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Coinbase exchange as well as other cryptocurrency exchanges and market data platform. Coinbase may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content.