Index Cooperative

Index Cooperative

INDEX
$3.24%-6.03

Key Metrics

Price$3.24
Real Volume (24H)$195,038.36
Marketcap$21,818,963.97
Fully Diluted Valuation$16,529,759
ATH$67.08
ATH Date5/9/2021, 6:51:28 AM
ATL$1.33
ATL Date11/6/2020, 12:24:59 PM
Circulating Supply4.5M
Total Supply10M
WebsiteN/A
WhitepaperN/A
Popularity Rank928
Chart
What is Index Cooperative?

Index Cooperative, a decentralized network project, has created the Ethereum token INDEX to govern its protocol for building custom crypto indexes and structured products. With INDEX, users can vote on the future of the protocol and earn rewards by providing liquidity to Index Cooperative products.

Index Coop aims to provide fully collateralized crypto index products built on the V2 infrastructure of Set Protocol. This protocol supports the platform's methods for developing and rebalancing index products, making it simple for every user to access crypto trading themes. Index Coop aims to build future-proof tools that support users in navigating through a new set of opportunities.

One of Index Coop's flagship products is the DeFi Pulse Index (DPI), which is an index of DeFi governance tokens. The DeFi Pulse Index tracks the performance of tokens in the Decentralized Finance space and is designed to keep track of Decentralized Finance initiatives that have a high level of usage and demonstrate a commitment to continuous maintenance and development.

INDEX is the governance token of the Index Coop, and users can vote on proposals at the Index Coop with this token. These proposals can cover a wide range of topics, including which products to introduce and which working groups to support. INDEX is also used to reward partners and contributors to the Index Coop. Additionally, INDEX is an ERC-20 token deployed on the Ethereum blockchain with a maximum supply capped at 10,000,000 tokens.

Index Coop seeks to provide an incentive program that rewards community participation. The INDEX token is an essential part of the Index Cooperative and is used as the currency by users of the Index Coop. Members are responsible for adding indices, controlling the treasury, and voting on key system parameters.

In conclusion, INDEX is an important token that provides governance and liquidity to the Index Cooperative's platform for creating custom crypto indexes and structured products. With its easy-to-use V2 infrastructure, Index Coop aims to provide a safe and profitable crypto index trading experience for users worldwide, irrespective of wealth, region, gender, or any other attribute.

Disclaimer

The investment information, comments, and recommendations provided here do not fall under the scope of investment consulting. Therefore, making an investment decision based solely on the information and comments provided here may not yield results that meet your expectations.

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