DEFI

Indexcoop.com (INDEX) Defi Coin Review

What Is Indexcoop.com (INDEX)?

Indexcoop.com is described to be a community-led decentralized organization focused on enabling the creation and adoption of crypto index products. To achieve this, Index aims to collaborate with the world’s best index experts and brands to launch/maintain desirable indices, govern critical system parameters with growth in mind and embed its products into as many distribution channels as possible.

It also aims to collaborate with the growing DeFi community of enthusiasts to generate widespread awareness of its mission and products. The INDEX Governance Token is an ERC20 token used for maintaining and upgrading the Index protocol. Maintenance and upgrades to the protocol will initially be done via a multisig, but will eventually be moved to a complete on-chain voting scheme.

Indexcoop.com Facts

Indexcoop.comFacts
Defi Coin NameIndexcoop.com
Short Name INDEX
Platform Decentralized Finance
Ethereum Contract0x0954906da0Bf32d5479e25f46056d22f08464cab
Chat Option Click Here To Visit Chat
ExplorersClick Here To View Explorers
Official WebsiteClick Here To Visit

Price

The live Index Cooperative price today is $32.25 USD with a 24-hour trading volume of $559,385 USD. Index Cooperative is up 32.74% in the last 24 hours. The current CoinMarketCap ranking is #2801, with a live market cap of not available. The circulating supply is not available and a max. supply of 10,000,000 INDEX coins.

What is the Index Coop?

The Index Coop is a collective aimed at creating and maintaining the best crypto indices on the market. The coop creates crypto ETPs (exchange traded products) that help users get broad exposure to different sectors or themes across crypto. As the first flagship product, Index has created the DeFi Pulse Index that provides broad DeFi exposure for its users by holding one token.

Token Characteristics

INDEX is an ERC-20 token deployed on the Ethereum blockchain. It has a capped maximum supply of 10,000,000 tokens. INDEX is used to vote in changes to the Index Coop including but not limited to:

  • Smart contract upgrades to the Index Coop
  • How to allocate the Index Coop treasury
  • Add new Index Coop products
Indexcoop.com (INDEX) Defi Coin Review

Token Distribution Breakdown

  • 1% allocated to historical DPI holders
  • 7.5% allocated to the Index Methodologist program over a period of 18 months, beginning 60 days after Index Coop launch
  • 9% allocated to a 60 day liquidity mining program for the DeFi Pulse Index Set
  • 52.5% community treasury (with 5% available immediately and 47.5% vested over 3 years)
  • 28% allocated to Set Labs Inc
  • 2% allocated to DeFi Pulse

What is the Index Coop?

Diversified Risk Products

Index Coop creates and maintains the world’s best crypto index products. All index products are always fully collateralized.

Decentralized & Autonomous

Index Coop is a Decentralized and Autonomous Asset Manager governed, maintained, and upgraded by INDEX token holders.

Built with DeFi Leaders

The products are built on Set Protocol’s battle-tested V2 infrastructure. Product methodologies are sourced from industry experts like DeFi Pulse.

Integrated Products & Tools

Index Coop

Earn INDEX tokens by staking Uniswap ETH/DPI LP tokens.

Alpha Homora

Earn leveraged yield in the ETH/DPI Pool by Alpha Homora.

Moonswap

Earn yield by providing liquidity to the ETH/DPI Pool by Moonswap.

Zerion

Track your portfolio performance and buy DeFi Pulse Index in the Zerion app for Desktop, Android & iOS.

Argent

Buy & Sell the DeFi Pulse Index natively in the Argent wallet app for Android & iOS.

Dharma

Get exposure to DeFi Pulse Index with this easy to use crypto wallet for Android & iOS.

Opyn

Earn premiums or hedge your risk buying and selling Put & Call Options on the DeFi Pulse Index.

CREAM Finance

Lend your DPI for yield, or borrow DPI to hedge your DeFi exposure.

Nexus Mutual

Buy Smart Contract Cover for the Set Protocol V2 contracts used to power the DeFi Pulse Index.

Exchange

Uniswap

Trade DeFi Pulse Index and the Index Coop governance token on crypto’s biggest DEX.

1inch

Trade the DeFi Pulse Index and Index Coop governance token on the 1inch DEX aggregator.

SushiSwap

Trade DeFi Pulse Index and the Index Coop governance token on one of crypto’s leading DEXs.

Balancer

Trade the DeFi Pulse Index and the Index Coop governance token on multiple Balancer pools.

Prices & Analytics

Dune Analytics

View the dashboard tracking DPI distribution, DEX liquidity, total mint & redeem volume, and more.

DeFi Pulse

Track DeFi Pulse Index project rankings.

Coin Gecko

Compare DeFi Pulse Index with the wider crypto market.

CoinMarketCap

Compare DeFi Pulse Index with the wider crypto market.

Indexcoop.com (INDEX) Defi Coin Review

Rewards

Monthly contributor rewards distributor

Note: Use a web3 wallet only, not a centralized exchange accountIf you have further questions, please ask on Discord.

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