ID: #1300116 | Status:
In progress

Last updated 6 days ago

Indigo x Minswap - Peg Stabilizing Liquidity Pools

Problem

Stablecoin LPs face peg instability due to static fees, hindering Cardano DeFi growth. The lack of peg-stabilising LP fee mechanisms causes inefficient capital utilization and increased volatility.

Total to date

This is the total amount allocated to Indigo x Minswap - Peg Stabilizing Liquidity Pools. 2 out of 6 milestones are completed.

₳400,000
Total funds requested
Distributed: ₳279,000
Remaining: ₳121,000
02/25
03/25
04/25
05/25
06/25
07/25
Complete
In progress
To be completed
743
Total votes cast
₳220M
Votes yes
₳47.6M
Votes abstain

About this idea

NB: Monthly reporting was deprecated from January 2024 and replaced fully by the Milestones Program framework. Learn more here

Team