indigo-redemption

What This Skill Does

The indigo-redemption skill provides OpenClaw AI agents with the specialized capability to interact directly with the Indigo Protocol on the Cardano blockchain. It acts as a bridge between your AI agent and the Redemption Order Book (ROB), allowing for sophisticated management of redemption positions and iAsset strategies. By leveraging the @indigoprotocol/indigo-mcp server, the skill enables programmatic access to the order book, queue status, and lifecycle management of ROB positions. Whether you are monitoring market depth, executing redemptions to maintain asset pegs, or managing your own liquidity provision in the redemption queue, this skill automates the complex procedural steps involved in interacting with Indigo's DeFi primitives.

Installation

To integrate this skill into your environment, ensure you have Node.js 20+ installed. First, confirm your MCP infrastructure is operational, then execute the following command in your terminal:

clawhub install openclaw/skills/skills/adacapo21/indigo-redemption

Ensure that the @indigoprotocol/indigo-mcp server is running in the background, as the skill relies on this process to communicate with the blockchain. You can start the server via npx @indigoprotocol/indigo-mcp.

Use Cases

• Automated Redemption Management: Programmatically trigger redemptions when iAsset price spreads reach specific thresholds.
• Portfolio Rebalancing: Utilize the adjust_rob and claim_rob functions to rebalance your collateral (ADA) exposure to iAssets based on real-time market data.
• Market Analysis: Aggregate data from the redemption queue for a specific iAsset to identify the cheapest available redemption pathways.
• Liquidity Positioning: Deploy capital into the ROB to earn yield or acquire iAssets at a discount relative to the secondary market price.

Example Prompts

1. "Check the current redemption queue for iBTC and tell me the lowest price at which I can redeem ADA for it."
2. "Open a new ROB position with 500 ADA and set a max price limit of 1.25 for iUSD."
3. "List all my active ROB positions and claim any pending iAssets that have been successfully redeemed."

Tips & Limitations

• Risk Management: Always define a conservative max price limit when opening ROB positions to prevent unfavorable execution during volatile market conditions.
• Sync Requirements: Ensure your node or MCP client is fully synced with the Cardano chain to avoid stale data from the order book.
• Operational Cost: Be aware that every transaction (opening, adjusting, canceling) requires standard Cardano transaction fees; ensure your wallet address connected to the MCP server has sufficient ADA.