Indigo Protocol

Cardano

Indigo Protocol (INDY) is a cryptocurrency launched in 2022and operates on the Cardano platform. Indigo Protocol has a current supply of 35,000,000 with 16,052,819 in circulation. The last known price of Indigo Protocol is 0.9697508 USD and is down -3.30 over the last 24 hours. It is currently trading on 12 active market(s) with $6,340.86 traded over the last 24 hours. More information can be found at https://indigoprotocol.io/.

Minswap v2

Wingriders v2

Sundaeswap v3

SundaeSwap

##What is Minswap (MIN)?

Minswap is a Decentralized Exchange ([DEX](https://coinmarketcap.com/alexandria/glossary/decentralized-exchange-dex)) on the Cardano (ADA) blockchain. For each swap, a fee is taken, which mainly goes to the Liquidity Providers (LPs). LPs on Minswap can stake their LP Tokens to earn MIN Tokens in [yield farming](https://coinmarketcap.com/alexandria/glossary/yield-farming). 

Minswap launched in March 2022 and quickly became the DEX with the highest Trading Volume and Total Value Locked ([TVL](https://coinmarketcap.com/alexandria/glossary/total-value-locked-tvl)) on Cardano. Minswap is a community-centric DEX with no private or VC investment. MIN tokens are given to protocol participants and LPs, who can participate in [governance](https://coinmarketcap.com/alexandria/glossary/governance) and vote on protocol changes. MIN Token holders are also eligible for swap fee discounts when trading.

Minswap takes advantage of the liquid staking of ADA to stake the ADA deposited in the DEX [Smart Contract](https://coinmarketcap.com/alexandria/glossary/smart-contract), enabling LPs keep earning ADA staking rewards. Minswap offers projects the option to offer their own token rewards in yield farming. As such, in some cases LPs earn 4x rewards (MIN Tokens + ADA staking reward + Project Token + Trading Fees). Lastly, the Minswap Launchbowl, encompasses the initiatives other projects can use to bootstrap their Liquidity on Minswap.

##Who Are the Minswap Founders?

The Minswap DEX is mainly developed by the Minswap Labs entity, a group of DeFi natives and developers mainly based in Vietnam.

##How much are swap fees on Minswap?

There is a 0.3% fee for token swaps. 0.25% goes to liquidity providers and 0.05% towards a Fee Switch mechanism. There is a fixed 2 ADA batcher fee that can be reduced depending on how many MIN Tokens the user has in their wallet.


Minswap

## What Is MEXC?

Founded in 2018, MEXC is known as the exchange of high performance and mega transaction matching technology. The team at MEXC are some of the first movers and pioneers of financial and blockchain technology. Currently, MEXC caters to more than 10 million users in more than 170 countries and regions around the world and we have just started. This magnificent achievement is a significant milestone, and MEXC aims to become the go-to platform for new traders and experienced investors as they move forward in their financial journey.

MEXC has presence over and across major continents and jurisdictions around the globe and is regulated, either directly or through affiliates, by some of the world's most renowned jurisdictions. MEXC also offers localized language support for investors from different countries, making it easier for them to trade. The exchange at MEXC is a high-performance trading engine which has been developed by experts from the banking industry and is capable of completing 1.4 million transactions per second, which results in groundbreaking efficiency and enhanced performance. User security is of top priority at MEXC because of which our servers are hosted independently across multiple countries ensuring optimal data integrity and security.

## Why MEXC?

MEXC has grown rapidly in 2019, gaining a 5% global digital asset trading market share within a year. During the 2021 Crypto Expo Dubai event, MEXC was awarded the "Best Crypto Exchange Asia" award. This is an additional star to the list of achievements by the team at MEXC.

Indigo Protocol Crypto Coin Data

Coin Information & Volume Data on Indigo Protocol.

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