open_cdp

Open a new CDP position — builds an unsigned transaction (CBOR hex) for client-side signing

SERVERIndigo Protocol MCP SOURCEindigoprotocol/indigo-mcp

Critical RISK CLASS

Category Financial

Parameters 40 required

Recommended Approval-gatedsee the rule below

Registry record Grade F, identity unverified Pull the record →

This record as markdown: /tools/indigoprotocol-indigo-mcp/open-cdp.md

WHAT IT DOES

What open_cdp does on Indigo Protocol MCP

AI agents use open_cdp to commit financial operations through Indigo Protocol MCP, usually the final step of a payment, billing, or trading workflow. A call moves real money.

Parameter	Type	Required	Description
`asset`	string	—
`address`	string	—	User Cardano bech32 address (addr1... or addr_test1...)
`mintAmount`	string	—	iAsset amount to mint in smallest unit
`collateralAmount`	string	—	Collateral amount in lovelace

Parameters from the server's own tool schema.

RISK

Why open_cdp is rated Critical

Opening a CDP (Collateralized Debt Position) on Indigo Protocol is a financial operation that commits collateral and creates a debt/loan obligation on-chain. Even though the transaction requires client-side signing, this tool constructs the transaction that initiates a financial commitment.

From the tool's definition Open a new CDP position — builds an unsigned transaction (CBOR hex) for client-side signing

Attacks that exploit this kind of access

RECOMMENDED RULE

The rule that runs open_cdp safely

PolicyLayer is an MCP gateway: it sits between your AI agents and Indigo Protocol MCP, and checks every tool call against a rule you set before the call runs. Nothing changes on the server itself. For open_cdp, this is the rule to start with:

open_cdp Approval-gated

Any call to open_cdp is blocked until a human approves it. The rest of the server keeps working.

View as policy code

policy.json

{
  "version": "1",
  "default": "deny",
  "tools": {
    "open_cdp": {
      "deny_if": [
        {
          "conditions": [],
          "on_deny": "Requires human approval."
        }
      ]
    }
  }
}

GATE THIS TOOL → Instant setup, no code required.

The button opens the PolicyLayer dashboard: create your workspace, connect Indigo Protocol MCP, apply this rule, and every open_cdp call is checked against it from then on.

FAQ

Questions about open_cdp

What does the open_cdp tool do? +

Open a new CDP position — builds an unsigned transaction (CBOR hex) for client-side signing. It is categorised as a Financial tool in the Indigo Protocol MCP MCP Server, which means it involves financial transactions. Block by default and require explicit approval.

What parameters does open_cdp accept? +

open_cdp accepts 4 parameters: asset, address, mintAmount, collateralAmount. The full parameter table on this page comes from the server's own tool schema.

How do I enforce a policy on open_cdp? +

Register the Indigo Protocol MCP server in PolicyLayer and add a rule for open_cdp: allow, deny, rate-limit, or require approval. Point your MCP client at the PolicyLayer proxy URL and the rule is enforced on every call, before it reaches Indigo Protocol MCP. Nothing to install.

What risk level is open_cdp? +

open_cdp is a Financial tool with critical risk. Critical-risk tools should be blocked by default and only enabled with explicit human approval.

Can I rate-limit open_cdp? +

Yes. Add a rate_limit block to the open_cdp rule in your PolicyLayer policy. For example, setting max: 10 and window: 60 limits the tool to 10 calls per minute. Rate limits are tracked per agent session and reset automatically.

How do I block open_cdp completely? +

Set action: deny in the PolicyLayer policy for open_cdp. The AI agent will receive a policy violation error and cannot call the tool. You can also include a reason field to explain why the tool is blocked.

What MCP server provides open_cdp? +

open_cdp is provided by the Indigo Protocol MCP server (indigoprotocol/indigo-mcp). PolicyLayer sits as a proxy in front of this server to enforce policies before tool calls reach the server.

KEEP EXPLORING

More on Indigo Protocol, and thousands of servers like it.

This server

All 62 Indigo Protocol tools → Critical-risk tools on this server →

Across the catalogue

All critical-risk MCP tools → The MCP Attack Database →

Guides

Govern MCP payment tools →Human-in-the-loop →Tool call approval →