JUL 12, 2022

Token Spotlight: Index Cooperative (INDEX)

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Welcome back to our Token Spotlight series! This week we are taking a look at , a decentralized autonomous organization (DAO) that offers structured DeFi products based on different sectors of the crypto ecosystem.

For a deep dive on INDEX, check out , or, read on for a high-level overview!

Index Cooperative (INDEX) Basics

  • Governance Token: INDEX
  • Underlying Blockchain: Ethereum

Index Cooperative Use Cases

The Index Cooperative is a decentralized autonomous organization (DAO) that creates and maintains structured DeFi products. These products are based on tokenized strategies that provide diversified exposure to different cryptocurrency and DeFi themes. For example, the provides broad diversified exposure to DeFi protocols via the fourteen tokens that are included within the single DPI token.

Index Cooperative offers several different thematic index products that focus on a specific subset of the digital asset market. These indices provide passive exposure to digital assets, making them potential tools for both retail and institutional investors. They include, for example, DeFi Pulse Index (DPI), Metaverse Index (MVI), Data Economy Index (DATA), Bankless BED Index (BED), and more.

INDEX Token and Governance Overview

INDEX is an ERC-20 governance token built on . As DAO participants, INDEX holders can vote on various decisions within the Index Cooperative ecosystem, including fees, new products, team composition, and treasury management. INDEX also allows users to a) mint and redeem products at will, b) provide input on the composition of indices, and c) have insight into the composition of different products.

Individuals can earn INDEX as a reward by contributing to the growth and sustainability of Index Cooperative.

We are excited about what the future holds for Index Cooperative and for the broader DeFi ecosystem. Check back here for more token spotlights as we continue on our mission to unlock the next era of financial, creative, and personal freedom.

Onward and Upward!

Team Gemini

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