What Is Index Coop
Index Coop is a project that creates thematic investment funds comprising various crypto assets. These funds offer broad exposure to different themes within the crypto market.
Background
Set Labs founded Index Coop in 2020.
How It Works
TokenSets technology is used to issue a token representing a crypto asset basket. Purchasing this token allows users to gain exposure to multiple crypto assets, reducing the need for high gas fees. Each fund has a portfolio methodologist who handles the rebalancing of the fund regularly. Index Coop has launched several funds, including DPI, MVI, DATA, ETH2x-FLI, and others. These funds cover various themes within the Ethereum and blockchain data economy.
INDEX is the governance token of the Index Coop, and token holders can vote on various matters related to governance. This includes development upgrades, treasury allocation, and new product launches. INDEX token holders also have meta-governance rights over other projects, using the tokens held by the investment funds.
Key Takeaways
- Index Coop is a project that offers thematic crypto investment funds.
- It was founded by Set Labs in 2020.
- This project uses TokenSets technology to create a token representing a crypto asset basket.
- INDEX is the governance token of the Index Coop, enabling token holders to vote on governance matters.
- The Coop has launched several funds to date, covering various themes within the Ethereum and blockchain data economy.
