Index Coop (INDEX)
Basic Info
- Token: INDEX
- Sector: Asset Management
- Governance: Offchain
Protocol Overview
Index Cooperative (“Index Coop”) is a decentralized and autonomous asset manager governed offchain by its community. It creates and maintains crypto index products, similar to traditional index funds, but in a decentralized manner.
Index Coop builds structured products and is responsible for maintaining the indices, deciding on the methodology, and making any necessary adjustments. Its primary product, the DeFi Pulse Index (DPI), comprises a broadly diversified pool of governance tokens which is rebalanced monthly based on market capitalization.