DeFi Pulse Index and Index Cooperative Tokens Listed on Gemini Exchange
We are delighted to announce...
March 31, 2022
The Index Cooperative’s flagship product, the DeFi Pulse Index (DPI), and governance token (INDEX) can now be held or traded directly on Gemini, a regulated cryptocurrency exchange, wallet, and custodian that makes it simple and secure to buy digital assets.
Founded in 2014 by Cameron and Tyler Winklevoss, Gemini's simple, innovative, and secure products are built to empower the individual.
“We are honored to partner with the Gemini team to list DPI and INDEX,” said Mike Taormina, Head of Institutional Business at the Index Coop. “We share Gemini's purpose to provide simple and secure ways to empower people to gain a diversified portfolio of blockchain products.”
“The inclusion of DPI and INDEX on the Gemini platform helps Index Cooperative to realize its mission to build decentralized financial products that unlock prosperity for everyone,” said Taormina. “Index products are widely regarded as one of the simplest ways to diversify a portfolio and experience competitive performance with the broader market.”
The DeFi Pulse Index is a capitalization-weighted index that provides a cost-efficient means to gain access to decentralized finance (“DeFi”) as a theme. The index includes blue-chip DeFi governance tokens, covering the major decentralized exchanges, lending protocols, and other participants in the sector.
Scott Lewis, founder of DeFi Pulse, explained the DPI methodology “gives users a unique way to get diversification and quality in their holdings without needing to research every single DeFi protocol. DPI’s listing on Gemini opens that up to the broadest set of users yet and allows more people to buy into DeFi efficiently.”
INDEX empowers tokenholders to govern Index Coop, a leading decentralized crypto community with more than $250mm in aggregate assets held across its product suite.
"Token-based governance unlocks a world of possibility and value that you can only find in Web3,” said Index Coop Head of Governance, Mel Oxenreider. "Product builders and community can decide on organizational strategy - everything from protocol upgrades and product launches to influencing broader ecosystem strategies - all powered by the INDEX governance token," Oxenreider explains.
>> DPI tokens are available on Gemini here.
About Index Coop
About Index Coop
Index Coop is a decentralized autonomous organization (DAO) that powers structured decentralized finance (DeFi) products and strategy tokens using smart contracts on the blockchain. We offer a suite of sector structured products, leverage and inverse products, and yield-generating products. We aim to create products that are simple to use, accessible to everyone and secure. Our products are built on Set Protocol, a twice-audited, self-custodial DeFi tool that allows for the creation and management of Ethereum-based (or ERC-20) tokens. Among users, partner protocols, and our composable products, Index Coop maintains one of the largest partnership networks in the DeFi ecosystem. Press contact: marketing@indexcoop.com
About Scalara
Scalara is the index provider behind some of the largest and most innovative index products in the quickly evolving Decentralized Finance (DeFi) space. As a spin-off from DeFi Pulse, the leading provider of market intelligence in DeFi, Scalara shares their mission to make DeFi accessible to everyone and be an innovator in the quickly evolving DeFi ecosystem. Press contact: nathan@concourseopen.com
About Gemini
Gemini is a platform that allows customers to buy, sell, store, and earn cryptocurrencies like bitcoin, ether, and DeFi tokens. Gemini's simple, innovative, and secure products are built to empower the individual. Gemini was founded in 2014 by twin brothers Cameron and Tyler Winklevoss. Press contact: Carolyn Vadino, Head of Communications, Gemini, press@gemini.com.
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).
