Indigo Protocol iETH (IETH) Tokenomics
Indigo Protocol iETH (IETH) Information
iETH is synthetic Ether and was the first new iAsset whitelisted by the Indigo DAO for the Indigo Protocol. The Indigo Protocol is a CDP (Collateralized Debt Position) based DeFi protocol that brings capital-efficient synthetic assets to the Cardano ecosystem. Users can purchase iETH from a DEX just like any Cardano native asset, or can mint iETH within the Indigo Protocol by depositing ADA as collateral.
When users mint iETH within the Indigo Protocol, they must deposit sufficient ADA such that their CDP remains above the applicable Minimum Collateralization Ratio (MCR) - meaning a user deposits collateral in the form of ADA that ensures over-collateralization. If the value of a user's ADA collateral begins to decrease toward the MCR, a user can choose to add more collateral to keep their iETH position above the MCR. If a user’s collateral becomes worth less than the MCR of their iETH debt, the Indigo Stability Pool providers will allow the user to keep their iETH but will exchange Stability Pool iETH for the user’s higher value ADA collateral. Thereby ensuring that iETH remains overcollateralized and that the Indigo Protocol remains solvent via its efficient liquidation process.
Unique to Indigo, users still receive their ADA staking rewards from stake pool delegation while ADA is being used as collateral in a CDP. This CDP Liquid Staking feature presents a unique use case for iETH in trading strategies.
The Indigo DAO controls the iETH parameters and can therefore vote to raise or lower the Minimum Collateralization Ratio for iETH and all Indigo iAssets.
Indigo Protocol iETH (IETH) Tokenomics & Price Analysis
Explore key tokenomics and price data for Indigo Protocol iETH (IETH), including market cap, supply details, FDV, and price history. Understand the token's current value and market position at a glance.
Indigo Protocol iETH (IETH) Tokenomics: Key Metrics Explained and Use Cases
Understanding the tokenomics of Indigo Protocol iETH (IETH) is essential for analyzing its long-term value, sustainability, and potential.
Key Metrics and How They Are Calculated:
Total Supply:
The maximum number of IETH tokens that have been or will ever be created.
Circulating Supply:
The number of tokens currently available on the market and in public hands.
Max Supply:
The hard cap on how many IETH tokens can exist in total.
FDV (Fully Diluted Valuation):
Calculated as current price × max supply, giving a projection of total market cap if all tokens are in circulation.
Inflation Rate:
Reflects how fast new tokens are introduced, affecting scarcity and long-term price movement.
Why Do These Metrics Matter for Traders?
High circulating supply = greater liquidity.
Limited max supply + low inflation = potential for long-term price appreciation.
Transparent token distribution = better trust in the project and lower risk of centralized control.
High FDV with low current market cap = possible overvaluation signals.
Now that you understand IETH's tokenomics, explore IETH token's live price!
IETH Price Prediction
Want to know where IETH might be heading? Our IETH price prediction page combines market sentiment, historical trends, and technical indicators to provide a forward-looking view.
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Disclaimer
Tokenomics data on this page is from third-party sources. MEXC does not guarantee its accuracy. Please conduct thorough research before investing.