All blogposts
Celebrating & Reflecting On 2 Years of Index Coop | 10/5 Newsletter
Celebrating & Reflecting On 2 Years of Index Coop | 10/5 Newsletter
In this week’s newsletter, a preview of the products we’re working on.
10/5/2022
Index Coop
Content
Celebrating & Reflecting On 2 Years of Index Coop
October 5th Newsletter
The Index Coop turns two this week!
In this week’s newsletter:
A preview of the products we’re working on
Plus, a look back at two years of Index Coop history -The Index Coop team
Looking back at 2 years of the Index Coop
From our beginning on October 6th, 2020, we have been united by a belief that decentralized finance is the future and that it’s up to us to make sure it includes everyone. Now, as we celebrate the second anniversary of our founding, we’re taking a moment to look back at where we’ve been. Index Coop has:
Launched 17 on-chain structured products
Raised >$10 million in venture capital
Reached a peak of $500 million in TVL
Read more about achievements & lessons learned
What we’re building next
We’ve learned a lot over the last two years, as leaders in the emerging on-chain structured products space. We’ve seen that automated strategies are not only more efficient but also more resilient in turbulent markets. With that said, we’re delighted to introduce two new products in our pipeline:
Our Diversified Staked ETH token
is intended to earn staking yield on your ETH with built-in diversification, making the token safer and contributing to the decentralization of Ethereum.
Our Diversified Stablecoin Yield token will enable buyers to gain access to the largest and most reliable yields in DeFi in a single token
Dive deeper
Watch, read, and learn everything you need to master our leverage tokens.
Subscribe to our newsletter
Join over 6,000 subscribers in receiving weekly updates about our products, DeFi, and the onchain structured products space.
FAQs
Index Coop yield tokens simplify earning yield in DeFi by automating complex strategies and diversifying across protocols. They are user-friendly and cost-efficient, appealing to both new and seasoned DeFi users.
Leverage tokens automate a leveraged position by utilizing onchain money markets like Aave or Morpho to borrow funds, amplifying a user's exposure to an asset without requiring manual management. The token's smart contracts autonomously handle the borrowing, lending, and rebalancing of assets, maintaining a consistent leverage ratio despite market fluctuations. This automation eliminates the complexities of collateral management and liquidation risks, while also charging low, transparent fees that avoid expensive funding rates often charged by perps.
Index Coop is a decentralized autonomous organization (DAO) that specializes in creating and maintaining onchain structured products. Index Coop aims to democratize access to the crypto market, empowering everyone to participate in the growing digital asset ecosystem with ease.
No, yield automatically compounds and accrues to the token price. The value of the tokens you hold in your wallet will simply go up over time without the need to claim or compound rewards.
Index Coop products protect you from liquidation with automated risk management that rebalances assets to maintain a target leverage ratio that avoids liquidation.
INDEX is the ERC-20 governance token on Ethereum for Index Coop. INDEX empowers its holders to participate in decision-making processes that shape the future of Index Coop.
Yes, all Index Coop products are instantly redeemable for their underlying value at all times.
Yes, all Index Coop smart contracts have been audited by leading independent security firms such as OpenZeppelin, ABDK, Isosiro, & more. There is also an active bug bounty program through ImmuneFi. Audit information is published in the docs here.
Streaming fees (an annual fee paid continuously block-by-block), mint and redeem fees (only on leverage tokens), and borrow costs (interest paid to borrow funds from onchain markets when using leverage).