📈 Straight talk about sustainable DeFi 📈 | June 22nd Newsletter
📈Straight talk about sustainable DeFi 📈
June 21, 2022
📈Straight talk about sustainable DeFi 📈
June 22nd Newsletter
Hi, there! The public, transparent nature of building on-chain products is often overlooked. A member of our Product Nest joined The Defiant to discuss this topic and the benefits of DeFi over crypto banks. A couple of weeks ago, we announced that we’d soon be on Coinbase. Well,…$INDEX is now listed, and we’re excited to share the news. Finally, we’ll look in-depth at how Index Coop provides open forums to discuss progress, provide constructive feedback, and have fun with fellow contributors.
-@thekindeagle and the Index Coop team
CRYPTO NEWS
📈 Straight Talk About Sustainable DeFi 📈
During the bull run, several CeFi (centralized finance) companies offered massive yields with little transparency about how they were generated. The market downturn has seen the end of those unsustainable APYs, with one crypto bank going so far as to freeze customer withdrawals. The importance of permissionless, decentralized financial options has never been more apparent. Index’s Product Operations Lead, c-squared joined The Defiant to discuss the current state of DeFi, the difference between DeFi and CeFi, and the importance of building on-chain. Check out this insightful discussion with Robin Schmidt from The Defiant and Bobby Yong from CoinGecko.
PRODUCT NEWS
💸 $INDEX - Now Available on Coinbase 💸
We’re happy to announce that the $INDEX token is now listed for purchase on Coinbase. Our listing on Coinbase provides those just getting started a simple way to onboard into crypto. Purchasing $INDEX is a way to back the DAO that’s bringing the power and simplicity of indices on-chain.
DAO NEWS
🦉 Assessing and Celebrating Season 1 🦉
Working as a global team isn’t always easy. Improvements in asynchronous communication and decision-making tech help, but real-time interactions, communication, and bonding amongst contributors are vital to the health of Index Coop. To look back at Season 1, Index Coop held two such events. First, a stepback event was held to share feedback and gain a holistic contributor assessment of the DAO. This session focused on what’s working, what’s not working, and steps we can take to improve in Season 2. The second was our Index Coop Team Social hosted by 0xMitzy with a special guest, Justin Havins, aka Crypto Texan. Along with a quiz, each contributor got to give thanks to fellow contributors and expressed what they value most about Index Coop.
Learn more about our Stepback Event here.
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).
