Strategy

How to long ADA using iBTC

Step 1 :

Mint iBTC from Indigo with ADA as collateral.

• Earn ADA from Stake Pool Rewards

Step 2 :

Swap iBTC to ADA using the "Swap Tokens" tab in the Indigo web app.

• Earn ADA from Stake Pool Rewards

Step 3 :

Wait for the ADA price to appreciate to your desired level.

Step 4 :

Swap ADA back to iBTC using the "Swap Tokens" tab in the Indigo web app.

Step 5 :

Close the CDP by burning the amount of iBTC borrowed.