redeem_lrp

Redeem iAssets against one or more LRP positions. Returns an unsigned transaction (CBOR hex) for client-side signing.

SERVERIndigo Protocol MCP SOURCEindigoprotocol/indigo-mcp

Critical RISK CLASS

Category Financial

Parameters 60 required

Recommended Approval-gatedsee the rule below

Registry record Grade F, identity unverified Pull the record →

This record as markdown: /tools/indigoprotocol-indigo-mcp/redeem-lrp.md

WHAT IT DOES

What redeem_lrp does on Indigo Protocol MCP

AI agents use redeem_lrp 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
`address`	string	—	User Cardano bech32 address
`iassetTxHash`	string	—	Transaction hash of the iAsset UTxO
`redemptionLrps`	array	—	Array of LRP positions and amounts to redeem against
`iassetOutputIndex`	number	—	Output index of the iAsset UTxO
`priceOracleTxHash`	string	—	Transaction hash of the price oracle UTxO
`priceOracleOutputIndex`	number	—	Output index of the price oracle UTxO

Parameters from the server's own tool schema.

RISK

Why redeem_lrp is rated Critical

This tool constructs a financial transaction that redeems iAssets (synthetic/tokenized financial instruments) against LRP positions on the Indigo Protocol DeFi platform. Redeeming assets is a financial operation that commits to exchanging or liquidating tokenized assets, which constitutes moving financial value. The transaction, once signed and submitted, irreversibly alters on-chain financial positions.

From the tool's definition Redeem iAssets against one or more LRP positions. Returns an unsigned transaction (CBOR hex) for client-side signing.

Attacks that exploit this kind of access

RECOMMENDED RULE

The rule that runs redeem_lrp 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 redeem_lrp, this is the rule to start with:

redeem_lrp Approval-gated

Any call to redeem_lrp 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": {
    "redeem_lrp": {
      "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 redeem_lrp call is checked against it from then on.

FAQ

Questions about redeem_lrp

What does the redeem_lrp tool do? +

Redeem iAssets against one or more LRP positions. Returns 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 redeem_lrp accept? +

redeem_lrp accepts 6 parameters: address, iassetTxHash, redemptionLrps, iassetOutputIndex, priceOracleTxHash, priceOracleOutputIndex. The full parameter table on this page comes from the server's own tool schema.

How do I enforce a policy on redeem_lrp? +

Register the Indigo Protocol MCP server in PolicyLayer and add a rule for redeem_lrp: 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 redeem_lrp? +

redeem_lrp 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 redeem_lrp? +

Yes. Add a rate_limit block to the redeem_lrp 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 redeem_lrp completely? +

Set action: deny in the PolicyLayer policy for redeem_lrp. 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 redeem_lrp? +

redeem_lrp 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.

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

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build_redeem_withdraw_tx on Atv → All critical-risk MCP tools → The MCP Attack Database →

Guides

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