How Will The Merge Impact Index Coop Products? | August 31st Newsletter
This week, we go beyond the WAGMI hype to dive into serious questions about The Merge and its impact on Index Coop products.
August 31, 2022
🦉How Will The Merge Impact Index Coop Products?🦉
August 31st Newsletter
Hi, there! This week, we go beyond the WAGMI hype to dive into serious questions about The Merge and its impact on Index Coop products.
Next, a pair of Index contributors discuss and explain a variety of Merge topics with their cameras rolling.
Lastly, Index Coop’s undergone some changes over the past five months; learn how we’ve transformed our community and the way we build.
-@thekindeagle and the Index Coop team
METRIC OF THE WEEK
📈 Arrakis INDEX-WETH Pool 📉
Are you bullish on INDEX and ETH? Perhaps a smart move is to deposit into the INDEX-WETH 1% Vault on Arrakis Finance. Currently, the pool is earning a lifetime 26.57% APR and has generated >$46k in fees since June 8. Arrakis uses ERC-20 tokens to represent a Uniswap V3 position. This chart shows that the value of the Arrakis position has outperformed the HODL $131.45 to $124.57. That's about 5.5% in just 82 days. You can view the pool here or you can try out other pools to see how they have performed.
PRODUCT NEWS
🦉How Will The Merge Impact Index Coop Products? 🦉
With the Ethereum Merge set to take place in a couple of weeks, we're here to answer any questions you may have about Index Coop products and The Merge.
In this article, @coolhorsegirl covers frequently asked questions regarding Index Coop ETH products—Interest Compounding ETH Index (icETH), Ethereum 2x Flexible Leverage Index (ETH2x-FLI), and Inverse Ethereum Flexible Leverage Index (iETH-FLI-P).
Feel free to reach out to us on Discord with any outstanding questions.
PRODUCT NEWS
🎥 Lights, Camera, Merge Video Explainer 🎥
You’ve read the headlines, Twitter threads, and blog posts, but everyone knows that a great video explainer trumps all that written content.
Index Coop contributors, @chavischance & @cquared_eth provide a solid overview of the upcoming Ethereum Merge, common misconceptions, and secondary effects we can expect as market participants.
INDEX COMMUNITY
🦉 Index Coop Council - Season 2 Progress Update 🦉
In April of this year, founders and investors posted an open letter to Index Coop expressing concerns about the direction of the DAO.
Since then, Index Coop has enacted many substantial changes and improvements. While difficult, this shift secures the long-term viability of the Index Coop and makes it possible for us to build the best on-chain structured finance (DeFi) products.
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.
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