Argent makes buying Index products easy | March 16th Newsletter
This week, we’re excited to announce that Index Coop products are now available on zkSync with Argent.
March 16, 2022
March 16th Newsletter
Hi, there! This week, we’re excited to announce that Index Coop products are now available on zkSync with Argent. This means lower gas fees when you buy or trade Index Coop products on Argent. We’re also launching two new FLI products this week: BTC2x-FLI-P and iBTC-FLI-P. Finally, thank you to those of you who filled out our CTA Product Survey last week. For those of you who haven’t shared your thoughts yet, the survey is still open. We’d love to hear from you. The Index Coop team
💵 to Index Products in Fewer Steps with Argent
Transacting on the Ethereum network can be expensive. That’s one reason we’re excited to announce that Index Coop products are now available on Argent via zkSync. With Argent, you’ll be able to securely deposit fiat from Apple Pay or a credit card to buy Index products safely, and transactions can cost up to 100x less. In addition to lower fees, you can feel secure knowing that Argent is a non-custodial wallet which means that you and only you are in control of your assets. As a true Layer 2 solution, zkSync provides near-instant transactions via the ZigZag exchange that inherit all the security of the Ethereum Layer 1. Argent is available to download now on iOS and Android.
Master the Bitcoin Market ₿
This month, we launched two new polygon flexible leverage products, BTC2x (BTC2x-FLI-P) and Inverse BTC (iBTC-FLI-P). These structured products built in collaboration with Scalara (formerly Pulse, Inc.) enable traders to automate leveraged exposure in a completely decentralized manner. BTC2x targets a long 2x exposure to BTC, and Inverse BTC targets a short -1x exposure to BTC, and both employ a flexible leverage ratio for optimal rebalancing outcomes. If you’re unfamiliar with our Flexible Leverage Index products, they are tradable ERC-20 tokens that aim to generate leveraged exposure to the underlying asset. Along with BTC, you can use FLI tokens to access double (2x) exposure on a number of different cryptocurrencies, while greatly reducing the risk and complexity usually associated with leveraged trading. Both BTC2x & iBTC are available on the decentralized trading platform Slingshot, so you can easily get the best prices, speed, and execution on trades.
Join Us! Institutional DeFi 101 Webinar 👩🏽💻
With over $200 billion locked in DeFi protocols, we’re seeing increased interest from institutional investors. If you’re looking to understand more about how institutional investors can invest in DeFi, join our upcoming Institutional DeFi webinar with BitGo, a leading institutional digital asset platform, and custodian, on March 29th. You’ll learn about growing opportunities for institutional investors in DeFi, understand the latest industry trends, and learn how Index Cooperative and BitGo enable safe, secure access and exposure to this new asset class. Don’t miss your opportunity to gain insights from Nuri Chang, BitGo’s Director of Product Management, and Mike Taormina, Head of Institutional Business as they provide an introduction to Institutional DeFi.
Disclaimer: This content is for informational purposes only and is not legal, tax, investment, financial, or other advice. You should not take, or refrain from taking, any action based on any information contained herein, or any other information that we make available at any time, including blog posts, data, articles, links to third-party content, discord content, news feeds, tutorials, tweets, and videos. Before you make any financial, legal, technical, or other decisions, you should seek independent professional advice from a licensed and qualified individual in the area for which such advice would be appropriate. This information is not intended to be comprehensive or address all aspects of Index or its products. There is additional documentation on Index’s website about the functioning of Index Coop, and its ecosystem and community.
You shall not purchase or otherwise acquire our restricted token products if you are: a citizen, resident (tax or otherwise), and/or green card holder, incorporated in, owned or controlled by a person or entity in, located in, or have a registered office or principal place of business in the U.S. (defined as a U.S. person), or if you are a person in any jurisdiction in which such offer, sale, and/or purchase of any of our token products is unlawful, prohibited, or unauthorized (together with U.S. persons, a “Restricted Person”). The term “Restricted Person” includes, but is not limited to, any natural person residing in, or any firm, company, partnership, trust, corporation, entity, government, state or agency of a state, or any other incorporated or unincorporated body or association, association or partnership (whether or not having separate legal personality) that is established and/or lawfully existing under the laws of, a jurisdiction in which such offer, sale, and/or purchase of any of our token products is unlawful, prohibited, or unauthorized).
