Index Coop (@indexcoop) โข Hey
The Index Coop is a community-led initiative building onchain structured products that make the best of DeFi simple, safe, & accessible ๐ฆ
Publications
- ***Participate in our Annual DeFi User Survey***
Please spend a few minutes giving your candid thoughts on the state of DeFi and your preferences as a user
It will take you < 5 minutes and you'll get an ๐ฆ NFT
https://indexcoop.typeform.com/annual-survey?utm_source=social&utm_medium=lens&utm_campaign=survey&typeform-source=t.co
- **Enter the Index Coop PRT explainer competition**
Create content explaining ***PRTs***, our new DeFi incentive mechanism
Top submissions will win PRTs and INDEX
Prize Pool: 200 PRTs & 200 INDEX
Read the full details below #hyETHPRTs https://indexcoop.com/blog/explainer-competition
- **40 minutes left in Day 1 of the hyETH presale**
An increasing # of PRTs will be available for each day of the presale
**Deposit now**: http://app.indexcoop.com/presales
**Here's how PRT allocations will be distributed**
Every 24 hours, a snapshot captures the balance of hyETH held per address
A fixed number of PRTs will be assigned to each address in proportion to their balance of hyETH
On Day 1, 6.45 PRTs will be distributed amongst presale depositors
Each following day, the number of PRTs distributed will increase by 6.45
This results in a total of 3,000 PRTs being distributed over the 30-day presale
The increasing number of PRTs daily ensures that large, late depositors can still earn significant PRTs
However, early depositors will always earn more than late depositors, holding deposit size constant.
There is a fixed total supply of 10,000 PRTs. 3,000 (30%) are distributed to presale participants, while @indexcoop holds 7,000 (70%)
- The ๐๐ข๐ ๐ก ๐๐ข๐๐ฅ๐ ๐๐๐ ๐๐ง๐๐๐ฑ presale is now ๐จ๐ฉ๐๐ง
Early depositors will ๐๐๐ซ๐ง ๐๐๐๐ฌ: https://app.indexcoop.com/presales
- The ๐๐ข๐ ๐ก ๐๐ข๐๐ฅ๐ ๐๐๐ ๐๐ง๐๐๐ฑ presale is now ๐จ๐ฉ๐๐ง
Early depositors will ๐๐๐ซ๐ง ๐๐๐๐ฌ: https://app.indexcoop.com/presales
- ๐ ๐ฆ๐จ๐ซ๐ ๐๐๐ฒ ๐ฎ๐ง๐ญ๐ข๐ฅ ๐จ๐ฎ๐ซ ๐๐ข๐ ๐ก ๐๐ข๐๐ฅ๐ ๐๐๐ ๐๐ง๐๐๐ฑ ๐ฉ๐ซ๐๐ฌ๐๐ฅ๐ ๐จ๐ฉ๐๐ง๐ฌ ๐ฃ
Early depositors will be incentivized with a new DeFi primitive: ๐๐๐๐ฌ
๐ก๐ฒ๐๐๐ presale will open tomorrow at ๐๐:๐๐ ๐๐๐ / ๐๐๐ฉ๐ฆ ๐๐ ๐
- Let's talk about volatility drift ๐๐
In this article, we'll break down volatility drift's 3 causes & how the new methodology of our 2x leveraged tokens mitigates volatility drift
https://indexcoop.com/blog/how-volatility-drift-impacts-your-leverage-tokens?utm_source=social&utm_medium=x&utm_campaign=2x
- Meet @lens/indexcoop's new 2x Leverage Tokens ๐ข
Our legacy FLI tokens have been replaced by new and improved 2x tokens โ now built on @lens/aave v3
*No user action is required for existing FLI holders*
*https://indexcoop.com/blog/meet-the-index-coops-new-2x-leverage-tokens*
- ***Ideas For Evolving INDEX, Products & Tokenomics In 2024*** is now live on our governance forum
We'd like to open a conversation about ways to potentially evolve the $INDEX token, our products and our tokenomics
Make your voices heard ***๐ฃ๏ธ https://gov.indexcoop.com/t/ideas-for-evolving-index-products-tokenomics-in-2024/4732***
- **NEWS:** @lens/indexcoop **to migrate ~$ 25m leverage suite from Compound to** @lens/aave **v3**
https://gov.indexcoop.com/t/iip-182-launch-eth2x-btc2x-on-aave-v3-deprecate-flis-on-compound-v2/4688โฆ
- It's never been easier to safely & securely **stake ETH** from a multisig
Here's how 1kx bought our **Diversified Staked ETH Index** using @lens/safe https://indexcoop.com/blog/buy-index-products-via-safe
- Have you joined our **Index Insiders** guild yet?
This member's only area is currently open to anyone holding ~$ 1k USD equivalent $DPI, $icETH, or $INDEX
http://guild.xyz/index-coop
- **Our Diversified Staked ETH Index just got more diversified**
We're excited to announce the addition of Swell Network's swETH and @lens/staderlabs_eth ' ETHx
Diversify across the top 6 ETH liquid staking tokens in a simple index token withย **dsETH**:ย indexcoop.com/dsETH
- Price action is content marketing
FLIs are flying โ๏ธ
- Price action is content marketing
FLIs are flying โ๏ธ
- **What's holding back the widespread adoption of indexes in crypto?**
We asked **6 experts** from industry leaders including **S&P Dow Jones**, **Franklin Templeton**, @lens/yearn, @lens/summerfi , @lens/instadapp & more to get their takes
**Uncover their insights in our latest blog ๐**
https://indexcoop.com/blog/onchain-structured-products-six-experts?utm_source=social&utm_medium=lens&utm_campaign=six
- Exponential assets like ETH & BTC are ideal for **trend** strategies ๐๐
Passively allocate to a **rules-based active strategy** that's built to capture ETH'sย momentumย & avoid its crashes
Learn everything you need to know about **cdETI** from @indexcoop.lens, powered byย CoinDesk
https://indexcoop.com/blog/introducing-the-index-coop-coindesk-eth-trend-index-cdeti?utm_campaign=cdETI_launch&utm_medium=social&utm_source=lens
- Introducing the Index Coop CoinDesk ETH Trend Index ๐ข
The trend is your friend: automate your ETH exposure with cdETI ๐๐
Capture gains during bullish trends and preserve capital during bearish ones, all powered by CoinDesk Indicesโ Ether Trend Indicator
cdETIโs intelligent adjustments are driven by Ethereum's price fluctuations, dynamically reallocating between wETH and USDC to offer a hands-off approach to navigating volatile crypto markets
Disclaimer: This content is for informational purposes only and should not be construed as legal, tax, investment, financial, or other advice. Each purchaser of an Index Coop product should consult with his or her own investment, legal and tax adviser(s) before purchasing. Index Coop token products are not offered to persons or entities who are citizens of, reside in, are located in, are incorporated in, or operate a registered office in USA (collectively defined as 'US persons'). If you are a US person, do not use Index Coop tokens.
Capitalize on ETHโs momentum with cdETI ๐๐
Now available on the @indexcoop.lens.lens app https://indexcoop.com/products/coindesk-eth-trend-index?utm_source=social&utm_medium=lens&utm_campaign=cdETI_launch&utm_id=cdETI
- Looking for a smarter way to navigate volatile crypto markets?
The trend is your friend: automate your ETH exposure with the Index Coop @CoinDesk ETH Trend Index (cdETI)
Take 1 minute to fill out this survey for our upcoming product โคต๏ธ
https://indexcoop.typeform.com/cdETI?typeform-source=twitter-button&utm_campaign=cdETI&utm_source=social&utm_medium=hey
- hey
- Introducing... the Index Coop product roadmap ๐บ๏ธ
Every product & protocol upgrade we are working on.
https://indexcoop.com/roadmap
- Wanna see what a DeFi protocol that's actually shipping looks like?
Join us tomorrow for our @indexcoopย September Community Call ๐บ๏ธ
We'll break down our roadmap with our product & engineering leads
๐ Tuesday, September 26th
๐ 4pm ET // 8pm GMT
Register ๐๐ผ https://lu.ma/zdm227me
- Wanna see what a DeFi protocol that's actually shipping looks like?
Join us tomorrow for our @indexcoopย September Community Call ๐บ๏ธ
We'll break down our roadmap with our product & engineering leads
๐ Tuesday, September 26th
๐ 4pm ET // 8pm GMT
Register ๐๐ผ https://lu.ma/zdm227me
- Introducingโฆ **ic21**
A multi-chain large cap index all on Ethereum
- Two exciting new product proposals are live on our governance forum ๐ข
IIP-177: Launch theย Index Coopย Large Cap Index ($ic21) ๐ณ๏ธ
$ic21 will be the first large cap index onย Ethereumย to include non-EVM assets, such as SOL, LTC and ADA, that will be included via creation of wrapped tokens managed byย 21.co
Forum post:ย https://bit.ly/44MwgLf
IIP-178: Launch theย Index Coopย CoinDeskย ETH Trend Index ($cdETI) ๐ณ๏ธ
$cdETI will be a token designed to take advantage of trends in the price of ETH by utilizingย CoinDeskย Indices' ETH Trend Indicator
Forum post:ย https://bit.ly/3r6sUVN
$INDEX holders can now vote on these product proposals on Snapshot
- Index Protocol is now live onย @buildonbaseย ๐ต
Collect this post to commemorate Index Protocol's first deployment on an L2 ๐ฆ
- Is your DeFi activity ๐ ๐ซ๐จ๐ฐ๐ข๐ง๐ your ETH stack or ๐ด๐ฉ๐ณ๐ช๐ฏ๐ฌ๐ช๐ฏ๐จ it?
Maybe you should take what the mฬถaฬถrฬถkฬถeฬถtฬถ ๐ป๐ฒ๐๐๐ผ๐ฟ๐ธ is giving you
Here are the 7-day APRs for our ETH staking indexes: $icETH & $dsETH
- Our Diversified Staked ETH Index ($dsETH) just got more diversified, decentralized & higher yield
Today, we're excited to announce the addition of @fraxfinance's sfrxETH in dsETH's first rebalance
- ๐๐๐ ๐๐ฉ๐๐ฉ๐ ๐๐ ๐๐๐ ๐๐ฃ๐๐๐๐๐ฃ ๐๐ฉ๐ง๐ช๐๐ฉ๐ช๐ง๐๐ ๐๐ง๐ค๐๐ช๐๐ฉ ๐๐๐ง๐ ๐๐ฉ
The Index Coop's annual report examines: the largest protocols and product types attracting the most TVL; the history of this market and its current makeup; and the headwinds, tailwinds and important trends impacting its builders
๐จ๐ป๐น๐ผ๐ฐ๐ธ ๐๐ต๐ฒ ๐ณ๐๐น๐น ๐ฟ๐ฒ๐ฝ๐ผ๐ฟ๐
๐๐ฝ https://bit.ly/3p26gwY
- Our Diversified Staked ETH Index has crossed null.5 million in Total Value Locked (#TVL) ๐
$dsETHย earns yield for its holders by automating an index strategy of the leading Ethereum liquid staking tokens
With Ethereum's Shanghai upgrade about to unlock staked ETH withdrawals, the staking market is primed for a reshuffle as newly liquid consumers will have the freedom to reallocate to their preferred staking solution
- Our Index Coop Q1 2023 Update has landed ๐ฆ
โ A New Chapter in USD Yield Products
โ Migration From Set Protocol โ Index Protocol
โ Partnerships: Incentivizing Distribution Partners
Read the full update on the forum: https://gov.indexcoop.com/t/index-coop-q1-2023-update/4554
- We recently launched the @Gitcoin Staked ETH Index to create a sustainable source of funding for public goods via $ETH staking rewards
Let's take a brief look at the potential $gtcETH could unlock as it scales
- Introducing the @gitcoin.lens Staked ETH Index ๐ฃ
A new way to fund public goods via diversified ETH staking yield
$gtcETH uses @indexcoop.lens's $dsETH index under the hood to provide diversified staked ETH exposure while directing a portion of your staking yield to @gitcoin.lens grants
- icETH's leveraged staking yield is now available on @rhinofi's multichain yield aggregator
Try out earning 7% on your ETH gaslessly & privately from @arbitrum, @0xPolygon or @bnbchain today
https://app.rhino.fi/invest/ICETH/supply
- Diversified Staked ETH Index
Introducing $dsETH: The Diversified Staked ETH Index
Diversify your portfolio. Decentralize the network.
dsETH enables holders to diversify their ETH stake using a methodology that promotes decentralization & competition amongst protocols #bytes
- If youโre considering what moves to make prior to the Shanghai Upgrade, keep it simple and just hold a basket of ETH LSDs earning passive yield.
@indexcoop.lens just launched dsETH to promote decentralization and competition among LSD protocols, earning 4.71% APR in ETH staking yield.
- Want to invest in the best #web3 sectors but don't have the time?
@indexcoop offers passive investments strategies accessible with one-click.
Here is the alpha to help YOU find the best long-term DeFi products for your needs.
๐งต ๐
1)IndexCoop crypto indices empower anyone to get exposure to the whole web3 market easily.
IndexCoop products enable:
-Easy access to complex crypto strategies
-Cost-efficient hold strategies
-Top-tier solution methodology & technology
2)IndexCoop products are:
-DeFi Pulse index (DPI)
-Metaverse index
-Bankless BED index
-Interest Compounding ETH Index (icETH)
-ETH & BTC flexible leverage index (BTC/ETH 2X-FLI)
Let's dig into each passive strategy๐
3)DeFi Pulse index (DPI)
It's an index to track DeFi tokens performance.
The index is weighted based on each token's circulating supply value.
The primary tokens included in the index are:
-Aave
-Yearn
-Maker
-Uniswap
-Synthetix
-Compound
https://indexcoop.com/defi-pulse-index-dpi.
4)Metaverse index
It's an index to capture the value from the metaverse trend & developments.
The most famous tokens in it are:
-NFTX
-illuvium
-Sandbox
-Decentraland
It could be an interesting token as more brands move into virtual environments.
https://indexcoop.com/metaverse-index-mvi.
5)BED Index
It's a token in collaboration with @banklesshq for complete exposure to the crypto market.
The index is composed by:
-33% BTC
-33% ETH
-33% DPI
The goal is to have a long-term hold which doesn't require active management.
https://indexcoop.com/bankless-bed-index.
6)icETH
It enhances staking returns with a leveraged liquid staking strategy.
Token holders get exposure to ETH while amplifying staking returns up to 2.5x.
The strategy minimizes transaction costs & risks associated with involved DeFi protocols.
https://indexcoop.com/interest-compounding-eth-index.
7)BTC/ETH 2X-FLI
A strategy focused on collateralizing debt position on BTC/ETH to obtain a long 2x exposure to BTC/ETH.
The strategy enables to:
-Reduce risks
-Minimize transactions costs
-Abstract always complexities
https://indexcoop.com/bitcoin-flexible-leverage-index-btc2xfli.
8)Risk Involved:
-Leverage strategies
-Smart Contract bugs
-stETH price peg to ETH variations
-Reliance on third-party DeFi platform
Remember to always learn about the risks before investing.
9)IndexCoop governance token is $INDEX.
INDEX holders vote for:
-Treasury Upgrades
-New products to launch
-Smart contract upgrades
-Maintenance of existing products
-Strategic initiatives & partnerships
You can vote at: https://snapshot.org/#/index-coop.eth.
10)Looking to learn about & use IndexCoop products?
Visit: https://indexcoop.com/.
It is among the best platforms to find tokens granting access to sophisticated crypto strategies.
Docs can be found at: https://docs.indexcoop.com/.
- **๐๐ง๐๐๐ซ๐ฌ๐ญ๐๐ง๐๐ข๐ง๐ ๐๐จ๐ฎ๐ซ ๐ข๐๐๐๐ ๐๐ข๐๐ฅ๐**
*The one where we answer your top questions*
Where does icETHโs staking yield come from?
How does yield accrue to icETH?
Why is 1 icETH currently < 1 ETH?
https://indexcoop.com/blog/understanding-your-iceth-yield
- If you haven't checked out our ๐๐๐ ๐๐ข๐ฅ๐ค๐ง๐ฉ๐๐ฃ๐๐ ๐ค๐ ๐ฟ๐๐๐ ๐๐ฉ๐ง๐ช๐๐ฉ๐ช๐ง๐๐ ๐๐ง๐ค๐๐ช๐๐ฉ๐จ article yet, don't miss it!
We break down ๐ ways DeFi's core values are built into @indexcoop.lens products in the context of the FTX debacle
Can't be evil > Don't be evil
https://indexcoop.com/blog/the-importance-of-defi-structured-products
- The crypto community watched in dismay last week as rumors of a liquidity crisis at FTX gave way to the reality that the exchange was insolvent after misappropriating user funds
After the stunning fall of one of the largest and most influential organizations in our industry, the importance of DeFi has never been more clear
With that in mind, we'd like to share some things that give us confidence in our trustless structured on-chain DeFi products
6 Ways DeFi's Core Principles Are Built Into Index Coop Products
https://indexcoop.com/blog/the-importance-of-defi-structured-products
- ๐ข Index Coop is partnering with @pushprotocol.lens for on-chain notifications ๐
Subscribing to our channel will give you:
ยท Important product announcements and updates
ยท Early and exclusive access to new products
Subscribe to our channel here ๐ http://app.push.org/#/channels?channel=0x215275f3fe5aCc82BfF9D8894f90c4E8D51030a1
- ๐๐๐ ๐๐๐๐ก๐ ๐๐๐๐ฉ๐๐ฅ๐๐ฅ๐๐ง
Where does yield come from?
What are the risks of these strategies?
How can I safely and sustainably earn yield on my crypto?
Download it here ๐ http://bit.ly/3CoKsOw
- Celebrating 2 Years of Index Coop ๐๐ฆ
As we celebrate our second anniversary, weโre taking a moment to reflect on our achievements & greatest challenges
https://indexcoop.com/blog/looking-back-at-2-years-of-the-index-coop
- Calling Bug Bounty Hunters & DeFi security researchers ๐โ๏ธ
We are launching a bug bounty program with ImmuneFi with up to $200,000 USDC up for grabs ๐ค
Give our Flash Minting contracts your best efforts, hackers โก
Up for a challenge? Check out all the details here
๐ https://immunefi.com/bounty/indexcoop/
- Index Coop has adopted an Owl ๐ฆ
Ophelia is a female Great Horned Owl that resides at Auburn University's Southeastern Raptor Center. What better way to celebrate Index Coopโs second birthday than by supporting ongoing care for our mascot?
Read more about Ophelia & her adoption by the Index Coop DAO: https://indexcoop.com/blog/index-coop-has-adopted-an-owl
Collect your commemorative Ophelia the Owl NFT:
https://showtime.xyz/nft/polygon/0xBFbd3BeA8f523EaEe6a229e6347F135785aFa3BD/0
- Index Coop is proud to sit near the top of Token Terminal's "sound businesses" leaderboard
Build products that people want to use without being paid in inflationary token rewards to do so
tokenterminal.com/leaderboards/earnings
- Metric of the Week: icETH Post-Merge Clarity ๐
ยท NAV is up ~9% in one week (stETH/ETH exchange rate UP ๐)
ยท Yield is up to 11% APY (staking yield UP ๐, ETH borrow costs DOWN ๐)
On-chain data: https://dune.com/indexcoop/icETH
- The $FLI Series โ๏ธ
Master the Markets: Amplify Your Outcomes ๐๐
Learn more about our suite of leveraged tokens in our FLI deep dive with Allan from our Product team
๐ฅ https://youtu.be/VNq1ni12-8Q
- DeFi Talks with DeFi Dad - Why Institutional Money is Investing in DeFi and Web3
Marcos Veremis is a Partner at Accolade, a $4.4 billion venture fund of funds, where he manages null billion in a blockchain fund-of-funds investing in crypto-specific funds, such as 1kx, Framework, Parafi, and Variant. Before joining Accolade in 2021, Marcos was at Evanston Capital Management, and prior to that, spent over 13 years at Cambridge Associates where he spearheaded their blockchain effort.
Join me for an interview with Marcos as we cover his perspective investing in crypto specific funds, how Accolade and their own investors grew to embrace investing in crypto, where he sees value accrual in 2022, and despite recent market crashes, why he's more bullish than ever on DeFi and Web3!
00:00 - Intro
01:15 - His discovery of Bitcoin and crypto
04:00 - Lessons learned from the European and Greece debt crises
08:05 - Early theses researching crypto at Cambridge Associates
13:45 - Importance of trying crypto applications to learn before investing
15:30 - Compelling use cases for major capital allocators beyond Bitcoin
19:45 - Investor interest in "real world" use cases, including DeFi
22:20 - Why digitally native use cases could grow faster
25:15 - Why crypto "real world" use cases is a flawed concept for many
29:25 - History of Accolade and investing mandate
31:30 - Value accrual for L1s and beyond
35:30 - What do the biggest capital allocators think about Ethereum and The Merge
39:00 - Best practices among crypto fund managers
42:25 - How the market crash has affected his outlook on crypto
44:00 - Closing
Learn more about Accolade here: https://www.accoladepartners.com/
Disclaimer:
- All opinions expressed by DeFi Dad and guests are solely their own opinions and do not reflect the opinion of his team at 4RC.
- This interview is for informational purposes only and should not be relied upon as a basis for investment decisions.
- Because the ETH tokenomics were discussed, DeFi Dad disclosed he holds ETH, and please note Marcos and Accolade have exposure to ETH, among other tokens through the funds they invest in.
- Please do not follow any opinion as an investment strategy.
- Using DeFi and crypto-based gaming applications, wallets, and tools may expose users to risks including, but not limited to, smart contract bugs, systemic risk, flashloan attacks, economic incentive design failures, liquidity crises, admin key exploits, governance exploits, and pegged assets such as stablecoins de-pegging.
- DeFi Talks with DeFi Dad - Why Institutional Money is Investing in DeFi and Web3
Marcos Veremis is a Partner at Accolade, a $4.4 billion venture fund of funds, where he manages null billion in a blockchain fund-of-funds investing in crypto-specific funds, such as 1kx, Framework, Parafi, and Variant. Before joining Accolade in 2021, Marcos was at Evanston Capital Management, and prior to that, spent over 13 years at Cambridge Associates where he spearheaded their blockchain effort.
Join me for an interview with Marcos as we cover his perspective investing in crypto specific funds, how Accolade and their own investors grew to embrace investing in crypto, where he sees value accrual in 2022, and despite recent market crashes, why he's more bullish than ever on DeFi and Web3!
00:00 - Intro
01:15 - His discovery of Bitcoin and crypto
04:00 - Lessons learned from the European and Greece debt crises
08:05 - Early theses researching crypto at Cambridge Associates
13:45 - Importance of trying crypto applications to learn before investing
15:30 - Compelling use cases for major capital allocators beyond Bitcoin
19:45 - Investor interest in "real world" use cases, including DeFi
22:20 - Why digitally native use cases could grow faster
25:15 - Why crypto "real world" use cases is a flawed concept for many
29:25 - History of Accolade and investing mandate
31:30 - Value accrual for L1s and beyond
35:30 - What do the biggest capital allocators think about Ethereum and The Merge
39:00 - Best practices among crypto fund managers
42:25 - How the market crash has affected his outlook on crypto
44:00 - Closing
Learn more about Accolade here: https://www.accoladepartners.com/
Disclaimer:
- All opinions expressed by DeFi Dad and guests are solely their own opinions and do not reflect the opinion of his team at 4RC.
- This interview is for informational purposes only and should not be relied upon as a basis for investment decisions.
- Because the ETH tokenomics were discussed, DeFi Dad disclosed he holds ETH, and please note Marcos and Accolade have exposure to ETH, among other tokens through the funds they invest in.
- Please do not follow any opinion as an investment strategy.
- Using DeFi and crypto-based gaming applications, wallets, and tools may expose users to risks including, but not limited to, smart contract bugs, systemic risk, flashloan attacks, economic incentive design failures, liquidity crises, admin key exploits, governance exploits, and pegged assets such as stablecoins de-pegging.