In this article, you’ll learn:
The objective of dsETH is to give token holders diversified exposure to liquid staking tokens with weightings that favor decentralized liquid staking protocols. At launch, the index will be composed of rETH (Rocket Pool), wrapped stETH (Lido), and sETH2 (StakeWise). Learn more about your dsETH yield in this article.
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. This article will provide basic instructions for where and how to buy dsETH. If you need additional help, don’t hesitate to reach out to our team via Discord. Please also read the disclaimer below.
You can also earn yield by providing automated liquidity for dsETH on:
For larger trades (of more than 35 dsETH), purchase is available via Flash Mint on the Index Coop app. Compared to typical DEX trades, Flash Mint can facilitate more cost-effective large trades by minting new units from the underlying product components. This is especially helpful where the cost of slippage would exceed the cost of gas for buying each token and minting a new product unit.
* Please note, the 35 dsETH Flash Mint recommendation is an estimated threshold, and the best purchase path will depend on a number of factors, including:
Gas: The cost of a mint is roughly 10x the cost of a swap, so when gas is higher, it increases the breakeven point for minting liquidity
Profile: If there is more/less liquidity, it will change the cost to enter/exit via a swap.
Current Premium/Discount: If there is a discount, it is advantageous to buy on a DEX. If there is a premium, it is not advantageous.
Please reach out to email@example.com for more information on institutional purchases.
Index Coop is a decentralized autonomous organization (DAO) that powers structured product and strategy tokens on the Ethereum blockchain. We aim to create decentralized finance (DeFi) products that are simple to use, accessible to everyone, and secure. Our token products are built on Set Protocol v2 and Index Protocol (a good-faith fork of Set Protocol v2). Both protocols are open-source, audited, and battle-tested.
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 any of our token products if you are: a citizen, resident (tax or otherwise), 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. (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. Person, 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). You shall not resell or otherwise transfer any of our token products to any Restricted Person. The transfer or resale of any of our token products to any Restricted Person is not permitted. Click here to view the list of Tokens Restricted for Restricted Persons. You shall read the Terms of Service and use our Website in compliance with the Terms of Service.