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The New and Improved Index Coop Website | 4/26 Newsletter
The New and Improved Index Coop Website | 4/26 Newsletter
Discover how we’ve upgraded the experience.
4/26/2023
Index Coop
Content
Welcome back to the latest edition of Index Insights!
In this edition, you'll learn:
Opening up Index Insiders to more holders
The new and improved IndexCoop.com
How ETH staking is growing faster than ever post-Shanghai upgrade
— The Index Coop team
Index Insiders Now Welcoming More Members
Do you hold $1,000 worth of Index Coop products? If so you can become an Index Insider and unlock exclusive benefits.
As an Index Insider, you'll enjoy:
Monthly private member-only communications: Stay in the loop with exclusive Index Coop updates and insights.
Fireside product roadmap conversations: Participate in Q&A sessions with our product team, where you can discuss the future of Index products and share your thoughts.
Early access to new products: Be among the first to learn about upcoming Index Coop products and seize the opportunity to be part of their launch.
Exclusive Discord channel: Ask questions and provide feedback to the Index Coop team.
By becoming an Index Insider, you'll not only be part of an exclusive community of like-minded individuals, but you'll also have a unique opportunity to shape the future of Index Coop products.
Transformed Index Coop Site: User-Friendly & Informative
The Index Coop website has recently undergone a series of enhancements and upgrades to elevate user experience and provide easy access to important information.
Among the most notable improvements are the revamped product pages, which now feature interactive visualizations and graphs that allow users to gain a comprehensive understanding of each product's performance and underlying assets.
As we continue to refine and expand the Index Coop website, we highly value feedback from our community. Your input plays a crucial role in helping us make the platform even better. We invite you to explore the new features and enhancements and share your thoughts, suggestions, or concerns with us.
ETH Staking Grows At Record Rate Post-Shanghai Upgrade
The Ethereum Shanghai upgrade has led to a record-breaking inflow of 572K ETH staked in a week, primarily driven by staking platforms and reinvesting rewards. With the recent upgrade, liquid staking tokens have proved popular, including options like dsETH, icETH, and gtcETH. This surge in staking is attributed to the reduced liquidity risk associated with the ability to withdraw tokens previously locked in staking contracts.
The massive inflow also suggests that stakers are opting to reinvest their withdrawn rewards from staking. The dynamic of higher deposits compared to withdrawals indicates that investors are restaking a significant portion of their earnings.
With the Shanghai upgrade considered a "net positive" for total staking inflows, this trend highlights the growing confidence in Ethereum's staking system and the potential for increased returns through Index Coop's staking options.
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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).