What kind of structured product should we create next? | March 9th Newsletter
This week, we’re happy to offer the CTA Product Survey.
March 9, 2022
What kind of structured product should we create next? 🤔
March 9th Newsletter
Hi there! Last week, we announced our recognition by CB Insights's Blockchain 50, took a deep dive into our index product DATA, and shared how we stay organized yet decentralized with our Nest-Pod-Index Council structure. This week, we’re happy to offer the CTA Product Survey. We’d also like to share a bit of DAO news. We're thrilled to announce that our new, Index Coop-native blog is live! And we're also proud to explain our Dynamic Staking Model, a unique way we tackle DAO compensation and community ownership.
- @coolhorsegirl
Take Our Latest Product Survey 🎯
The Index Coop is on a mission to make investing in DeFi simple, easy and accessible to everyone. To continue our growth, we would like to hear from our users about which products they would like us to add in the future. In 2022, we've already launched 4 products: a composite index, GMI, and 3 leveraged products to round out our FLI suite for active traders, MATIC2x-FLI, iMATIC-FLI, and iETH-FLI. The next month will see 2-5 more product launches. From this survey, we're interested in learning which integrations and products you would like to see from Index Coop, how we can improve existing products, and which sectors of digital assets you think provide the most opportunity for growth. Who knows, your feedback could turn into an Index Coop product some day!
Meet Our New Blog ⌨️
Our new blog, native to the Index Coop website, launched February 25th! We are in the process of migrating all articles on our Medium site (that’s over 75 articles!) to our blog. Our blog is a great place to learn about our products, keep up-to-date with the latest news on Index Coop, and gain insights from our core contributors. The blog will post 8 articles each month, ensuring you’re in the know about the Coop as events happen, products are launched, and research is published. No matter where you are on your crypto journey, the blog supports all customers of Index Coop! "Our contributors produce fantastic content that describes cutting edge content," Emma McAleavy, Content Pod Lead said. "The blog is our opportunity educate our extended community and tell the story of the Index Coop."
How DSM Incentivizes Long-term Community Ownership 🦉
As a decentralized autonomous organization (DAO) with more than a year of experience ideating, building, and launching crypto indices, Index Coop is a cutting edge DAO. Ascertaining correct token ownership is one of the most critical questions we face, and innovative contributor compensation is key to our vision. For this purpose, we have created the DSM. The Dynamic Staking Model (DSM) is a forward-looking delivery tool and incentive mechanism designed to provide equitable and sustainable contributor-wide token ownership to existing and new contributors. While staking is a common feature across the ecosystem, the DSM amends traditional staking in that it allocates a fixed percentage of $INDEX to contributors each year. Thus, it is only available to contributors and has an APY dependent on contributors' Owl Level. As Index Coop enters Season 1, the DSM incentivizes contributors to hold their earned $INDEX as it will multiply based on their Owl Level. Through the DSM, Index Coop aims to distribute 7% community ownership per year, over three years, to those eligible to participate.
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).
