Strategy

How to long ADA using iETH

Step 1 :

Mint iETH from Indigo with ADA as collateral.

• Earn ADA from Stake Pool Rewards

Step 2 :

Swap iETH 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 iETH using the "Swap Tokens" tab in the Indigo web app.

Step 5 :

Close the CDP by burning the amount of iETH borrowed.