Diversify Your Portfolio. Decentralize The Network. | 1/25 Newsletter
Read on for more information about how to buy dsETH.
January 25, 2023
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Diversify Your Portfolio. Decentralize The Network.
We’re thrilled to announce the launch of our next index token: the Diversified Staked ETH Index (dsETH)!
dsETH is an index of the leading Ethereum liquid staking tokens. Holders of dsETH earn staking yield while incentivizing liquid staking protocols to be more efficient and decentralized.
At launch, dsETH is composed of rETH (Rocket Pool), wrapped stETH (Lido), and sETH2 (StakeWise).
Read on for more information on dsETH, including:
- How to buy dsETH
- Upcoming events where we’ll discuss dsETH
- A deep-dive into dsETH methodology
— The Index Coop team
The Right Purchase Path For Your dsETH Buy
Depending on how much dsETH you intend to purchase and whether you want to purchase dsETH on-chain or off, dsETH is available on various platforms.
Here are some basic instructions on where and how to buy dsETH. If you need additional help, don’t hesitate to reach out to our team via Discord.
For trade sizes less than 35 dsETH:
Ethereum
- DEX: Uniswap
- DEX aggregator -CoW Swap
zkSync
- Wallet -Argent (currently found in the Swap crypto section)
- Layer 2 DEX -ZigZag
For trade sizes larger than 35 dsETH:
Purchase is available via Flash Mint on the Index Coop app.
Learn More About How To Buy dsETH
Gain A Better Understanding of dsETH Methodology
The objective of dsETH is to give token holders diversified exposure to liquid staking tokens with weightings that favor decentralized liquid staking protocols.
To be eligible for inclusion, liquid staking tokens must meet all inclusion criteria, which center around security, transparency, liquidity, and client diversity.
Tokens that meet these criteria are assigned equal weights before applying two factors:
- the number of node operators supporting a protocol
- the distribution of stake across those node operators
The Node Operator Factor represents the number of node operators supporting a protocol. It takes the square root of active node operators supporting a protocol and divides it by the sum of square roots for all protocols represented in the index.
As a result, protocols with more node operators receive a greater weight in the index, while protocols with fewer nodes receive a lesser weight.
Join Us As We Discuss dsETH and Liquid Staking Tokens
We have two events coming up, where we’ll talk about the strategy behind dsETH and answer any questions from our community.
Index Insiders Community Call
On January 26th, join our Index Insiders community call at 11 am Eastern/4 pm UTC. RSVP here
Members of the Index Coop product team will be there to provide a behind-the-scenes look at the development of dsETH and how this index of liquid staking tokens generates sustainable yield while helping decentralize the network.
Liquid Staking Webinar
Then on February 2nd at 3 pm Eastern/12 pm Pacific, join leaders from Lido, Rocket Pool, StakeWise, and the Index Coop as we discuss the state of the liquid ETH staking sector.
By attending, you’ll learn the following:
- How liquid staking works
- The benefits of liquid staking
- What’s unique about dsETH’s index strategy and how it benefits the Ethereum network
To get analysis & updates from Index Coop delivered to your inbox, subscribe to the Index Insights newsletter.
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).
