What is Index Coop?
DeFi Pulse Index (DPI)
Interest Compounding ETH Index (icETH)
Before we dive into Index Coop let’s talk about “Index Funds” first. An index fund is a portfolio of stocks or bonds designed to mimic the composition and performance of a financial market index. You've probably heard of the S&P 500 or the Nasdaq-100, which are both popular large-cap indexes in the stock market; when you invest in an index fund, your money is used to invest in all the companies that make up the particular index.
Index Coop is the first decentralized company dedicated to making crypto index primitives easier to create and utilize. Using Index Coop users benefit from:
Easy access to crypto investment themes
Reduced risks due to diversification
Cost and tax efficient buy and hold
“Clients hold $58,792,664 in our products”
Below are some of the indexes offered by Index Coop with brief description:
We'll take a closer look at DeFi Pulse and Interest Compounding ETH Indexes in the following sections.
The DeFi Pulse Index is a digital asset index designed to track tokens’ performance within the Decentralized Finance industry that have significant usage and show a commitment to ongoing maintenance and development.
“For many DeFi Pulse Index holders, the DPI token represents diversified exposure to the blue-chip tokens of the current DeFi ecosystem.”
The inclusion criteria are the basis to select what tokens will be included in the index. DeFi Pulse Index token inclusion criteria are broken down into four categories: token description, token supply characteristics, project traction, and protocol user safety.
The underlying tokens of DPI are shown in picture below:
Buy a single token so that you don’t have to pick a winner among various DeFi tokens.
Avoid unpredictable volatility that occur frequently in the crypto market.
Save on gas by purchasing only one token rather than many tokens individually.
Don’t bother about rebalancing your investments because automated rebalancing will do it for you.
Matcha (DEX Aggregator)
TokenSets (Buy / Sell) [Gas efficient]
TokenSets (Mint / Redeem via Exchange Issuance Module) [Slippage efficient]
Argent
BitGo
The Interest Compounding ETH Index (icETH) is a leveraged liquid staking approach to boost staking rewards. icETH multiplies the staking rate for stETH while decreasing transaction costs and risk associated with managing collateralized debt in Aave, thanks to Set's battle-tested leverage token architecture.
Token holders retain spot exposure to ETH and amplify staking returns up to 2.5x.
“Because of the high correlation of the assets involved, icETH is safer than doing using leverage manually.”
Minimize your risk as high correlation between icETH’s collateral (stETH) and debt (ETH) assets significantly lowers liquidation risk.
Save on gas simply buying the icETH token ather than submitting a dozen different transactions in Aave and different DEXs.
Don’t worry about constant monitoring or management because icETH rebalances your position for you.
Take advantage of icETH's inclusion with a variety of DeFi protocols to expand its utility and use cases.
TokenSets (Mint / Redeem also available)
What is Index Coop?
DeFi Pulse Index (DPI)
Interest Compounding ETH Index (icETH)
Before we dive into Index Coop let’s talk about “Index Funds” first. An index fund is a portfolio of stocks or bonds designed to mimic the composition and performance of a financial market index. You've probably heard of the S&P 500 or the Nasdaq-100, which are both popular large-cap indexes in the stock market; when you invest in an index fund, your money is used to invest in all the companies that make up the particular index.
Index Coop is the first decentralized company dedicated to making crypto index primitives easier to create and utilize. Using Index Coop users benefit from:
Easy access to crypto investment themes
Reduced risks due to diversification
Cost and tax efficient buy and hold
“Clients hold $58,792,664 in our products”
Below are some of the indexes offered by Index Coop with brief description:
We'll take a closer look at DeFi Pulse and Interest Compounding ETH Indexes in the following sections.
The DeFi Pulse Index is a digital asset index designed to track tokens’ performance within the Decentralized Finance industry that have significant usage and show a commitment to ongoing maintenance and development.
“For many DeFi Pulse Index holders, the DPI token represents diversified exposure to the blue-chip tokens of the current DeFi ecosystem.”
The inclusion criteria are the basis to select what tokens will be included in the index. DeFi Pulse Index token inclusion criteria are broken down into four categories: token description, token supply characteristics, project traction, and protocol user safety.
The underlying tokens of DPI are shown in picture below:
Buy a single token so that you don’t have to pick a winner among various DeFi tokens.
Avoid unpredictable volatility that occur frequently in the crypto market.
Save on gas by purchasing only one token rather than many tokens individually.
Don’t bother about rebalancing your investments because automated rebalancing will do it for you.
Matcha (DEX Aggregator)
TokenSets (Buy / Sell) [Gas efficient]
TokenSets (Mint / Redeem via Exchange Issuance Module) [Slippage efficient]
Argent
BitGo
The Interest Compounding ETH Index (icETH) is a leveraged liquid staking approach to boost staking rewards. icETH multiplies the staking rate for stETH while decreasing transaction costs and risk associated with managing collateralized debt in Aave, thanks to Set's battle-tested leverage token architecture.
Token holders retain spot exposure to ETH and amplify staking returns up to 2.5x.
“Because of the high correlation of the assets involved, icETH is safer than doing using leverage manually.”
Minimize your risk as high correlation between icETH’s collateral (stETH) and debt (ETH) assets significantly lowers liquidation risk.
Save on gas simply buying the icETH token ather than submitting a dozen different transactions in Aave and different DEXs.
Don’t worry about constant monitoring or management because icETH rebalances your position for you.
Take advantage of icETH's inclusion with a variety of DeFi protocols to expand its utility and use cases.
TokenSets (Mint / Redeem also available)
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0xOdinSturdy Finance - Efficient DeFi Lending Protocol
0xOdinzkLink: The Revolutionary Multi-Chain Protocol with Zero-Knowledge Proofs
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0xOdinSturdy Finance - Efficient DeFi Lending Protocol
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Key Points:What is Sturdy Finance?Sturdy Finance MechanicsSturdy 1.0 and FeaturesWhat is Sturdy Finance?Sturdy is a new kind of DeFi lending protocol for interest-free borrowing and high-yield lending. But before discussing how Sturdy Finance makes this possible and why it is unique, let's first take a look at how conventional lending platforms work. As demonstrated in the image below, lenders deposit assets on which they want to earn interest, while borrowers supply collateral and get t...
Lifelong learner wandering around #web3, #DeFi, and many more :)
Lifelong learner wandering around #web3, #DeFi, and many more :)
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