Strategy

How to long ADA using iUSD

Step 1 :

Mint iUSD from Indigo with ADA as collateral.

Step 2 :

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

Step 3 :

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

Step 4 :

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

Step 5 :

Close the CDP by burning the amount of iUSD borrowed.