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Index Coop Named to 2022 Blockchain 50!! 🎉 | March 2nd Newsletter
Index Coop Named to 2022 Blockchain 50!! 🎉 | March 2nd Newsletter
This week, we’re excited to share that the Index Coop was selected as one of the top 50 most innovative blockchain startups.
3/2/2022
Index Coop

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Index Coop Named to 2022 Blockchain 50!! 🎉
March 2nd Newsletter
Hi there! Last week, we shared a few beginner DeFi resources to help you get started & told you how the $INDEX token’s metagovernance provides value beyond NGU (Number Go Up). This week, we’re excited to share that the Index Coop was selected as one of the top 50 most innovative blockchain startups. We’d also like to introduce you to the Data Economy Index (in case you haven’t already met).
- The Index Coop team
Index Coop Named to Blockchain 50's List of Most Innovative Startups 🎉
CB Insights this week named Index Coop, the leader in crypto index products, to its second annual Blockchain 50, which showcases the 50 most promising blockchain and crypto companies in the world. The 2022 Blockchain 50 cohort has raised $17.1B in aggregate funding across over 200 deals since 2016 and includes startups at different investment stages of development, from early-stage companies to well-funded unicorns. Index Coop is one of only three DeFi protocols included in this prestigious list. "Last year, we saw incredible success from the Blockchain 50 winners.” Brian Lee, SVP of CB Insights’ Intelligence Unit, said. “We're excited to follow their journeys and see their success in 2022.” Read more.
Meet the DATA Economy Index 📊
The Data Economy Index (DATA) is an ecosystem of data-based products and services. Whereas decentralized finance (aka DeFi) is disrupting traditional banking and financial services, the data economy is disrupting the data monopolies built-in Big Tech over the past 20 years. Decentralization and transparent on-chain data are two of the transformative aspects of blockchain technology. Instead of Facebook and tech monopolies profiting from your data, one of the promises of blockchain and Web3 is that you’ll retain the rights and economic power associated with your personal information. The Data Economy Index is a digital asset index capturing the growth of data economies with significant economic activity. DATA will include tokens from any blockchain that provides data-based products or services. The index currently consists of 8 underlying tokens, including Chainlink, ENS, and more. Read more.
Evolving the Structure of the Index Coop 🦉
Developing an operational structure that aligns contributors to create valuable products isn't a static process. Each DAO must decide which decisions should be made on the spectrum of decentralization, from individuals to elected groups to a community token vote. At the Index Coop we’ve developed a structure that balances the need for decentralization with the need for efficiency and clear decision-making frameworks. We have three delegated decision-making levels: pods, nests, and the Index Council. The Index Improvement Proposal (IIP) process continues to play an essential role in our new structure as it will validate, confirm and approve Index Council, nest coordinators, and nest proposals and budgets. By holding the $INDEX token, anyone can participate in this decision-making process. As Index Coop enters a new season, this improved structure will enable the works so fresh and innovative index products can be delivered. This evolution is a step in the right direction as we assess and refine how we operate and help define how decentralized, contributor-led organizations are built. Read more.
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Index Coop yield tokens simplify earning yield in DeFi by automating complex strategies and diversifying across protocols. They are user-friendly and cost-efficient, appealing to both new and seasoned DeFi users.
Leverage tokens automate a leveraged position by utilizing onchain money markets like Aave or Morpho to borrow funds, amplifying a user's exposure to an asset without requiring manual management. The token's smart contracts autonomously handle the borrowing, lending, and rebalancing of assets, maintaining a consistent leverage ratio despite market fluctuations. This automation eliminates the complexities of collateral management and liquidation risks, while also charging low, transparent fees that avoid expensive funding rates often charged by perps.
Index Coop is a decentralized autonomous organization (DAO) that specializes in creating and maintaining onchain structured products. Index Coop aims to democratize access to the crypto market, empowering everyone to participate in the growing digital asset ecosystem with ease.
No, yield automatically compounds and accrues to the token price. The value of the tokens you hold in your wallet will simply go up over time without the need to claim or compound rewards.
Index Coop products protect you from liquidation with automated risk management that rebalances assets to maintain a target leverage ratio that avoids liquidation.
INDEX is the ERC-20 governance token on Ethereum for Index Coop. INDEX empowers its holders to participate in decision-making processes that shape the future of Index Coop.
Yes, all Index Coop products are instantly redeemable for their underlying value at all times.
Yes, all Index Coop smart contracts have been audited by leading independent security firms such as OpenZeppelin, ABDK, Isosiro, & more. There is also an active bug bounty program through ImmuneFi. Audit information is published in the docs here.
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