As a structured index product, the Defi Pulse Index ($DPI) follows a specific methodology created by DeFi Pulse, the organization that worked with Index Coop to create $DPI, when selecting tokens for inclusion and determining their weights in the index.
Accelerated Capital
September 15, 2021
August has seen the Index Coop grow from strength to strength both from a financial standpoint and also as a community. Gross profit for the first time since inception has been positive showing a profit of $164.8k up 172% in August, this is a direct result of lower Liquidity mining costs for DPI which were reduced by $268k.
Elliott Watts
September 10, 2021
As our world becomes increasingly tokenized, structured product solutions that abstract the portfolio management process and cater to specific themes will become more important than ever. In traditional finance, abstraction to passive solutions has been a key driver of the popularity of indices such as the DJIA and the S&P 500. Set Protocol enables the creation of structured products that benefit from this abstraction trend, applying this same principle to crypto markets by bundling groups of tokens into single ERC-20s for ease of investment.
Accelerated Capital
September 10, 2021
Rebalancing is the process of buying or selling assets to return your portfolio to a target weighting.When one asset is outperforming the other, its weighting in the portfolio grows, potentially exposing the holder to more risk than they would like. Periodically, the portfolio will need to be rebalanced back to the target weightings, locking in gains and reinvesting into underperforming assets.
Accelerated Capital
August 27, 2021
The Index Coop has performed well in challenging market conditions throughout July. With overall gross profit growing 7.5%, while revenue grew 6.5%, highlighting better capital efficiency due to lower liquidity mining incentives which dropped 14.5% MoM. The treasury has seen an upward growth trajectory which currently stands at a total of $57.7m.
Elliott Watts
August 12, 2021
As a tool for incentivizing large amounts of liquidity or AUM, liquidity mining (LM) has been a vital aspect of DeFi. While some protocols allow for extended token emission via LM, many others use it to bootstrap AUM. Large onchain DEX liquidity for our product allows more buying options and helps the DPI price stay close to the Net Asset Value (NAV). However, direct liquidity mining for DPI is a significant expense for Index Coop.
William X
August 11, 2021
The DeFi Pulse Index is a capitalization-weighted index that tracks the performance of decentralized financial (DeFi) assets across Ethereum. It combines the features of an ERC-20 token and a traditional structured product to create a 21st century digital upgrade to structured products.
Accelerated Capital
July 30, 2021
BitGo now supports the DeFi Pulse Index (DPI) as part of an effort to provide institutional clients with access to investment opportunities in the emerging Decentralized Finance sector. DPI is a structured product from the Index Cooperative that offers diversified exposure to a basket of blue-chip DeFi protocols with a single purchase.
Nathan Howard
July 15, 2021
We’re excited to announce the first-ever Internship program at Index Coop! This program represents a unique opportunity for non-crypto natives to get exposure and training from one of the top DAOs (decentralized autonomous organizations) in DeFi.
The Index Coop
July 9, 2021