Index Coop's restricted token products are not marketed or offered to Restricted Persons, as this term is defined in our Terms of Service. As defined therein, a Restricted Person includes 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 a person in any jurisdiction in which such offer, sale, and/or purchase of Index Coop token products is unlawful, prohibited, or unauthorized.
If you are a Restricted Person, you may not purchase or otherwise acquire our restricted tokens. Our website restricts trading of restricted tokens by Restricted Persons. All website users, including Restricted Persons, must read our Terms of Service and list of Tokens Restricted for Restricted Persons.
minting / Redeeming Fee
The objective of the dsETH methodology is to give token holders diversified exposure to ETH liquid staking tokens, with a weighting that favors decentralized liquid staking protocols as measured by the number of node operators as well as the distribution of stake across node operators.
To begin, constituents are equally weighted before adding a NodeOperator Factor, which benefits staking protocols with more active node operators. An HHI (or Herfindahl-Hirschman Index) Factor is then added, which measures the concentration of stake and broader competition amongst active node operators within each protocol.