IIP-171: Launch the Diversified Staked ETH Index is now live on Snapshot 🗳️

dsETH will enable holders to diversify their stake across top ETH liquid staking tokens, using a methodology that promotes decentralization 🧩 ~$7.7B worth of ETH currently exists in liquid staking pools, representing almost 1/3 of all staked $ETH

Lido’s $stETH commands the majority of the liquid staking market, but newer, more decentralized protocols like @Rocket_Pool and @stakewise_io have emerged as competitors

DeFi > CeFi: Not your keys, not your yield

Index Coop is building a suite of on-chain yield products where withdrawals can never be paused ⛓️ Read our blog on the benefits of on-chain structured products like $icETH 🧊

1. Self-custody
2. Liquidity
3. DeFi Composability
4. Transparency
& more
indexcoop.com/blog/why-buy-o…

You asked for an NFT Index product!

📣 Introducing… $JPG

TheNFT Index 2/
$JPG gives investors broad exposure to blue-chip and premier NFT collections through the convenience and ease of a single fungible token.

With JPG, you can invest in some of the most exciting NFT collections without the high cost & research typically needed to access NFTs.

the 🧊 $icETH meme competition is complete

here are the top 10 that made the shortlist 🧵

https://twitter.com/indexcoop/status/1511506573495087106

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Everyone is looking for yield on $ETH, especially DAO Treasuries

$icETH is the long term position treasuries have been looking for to gain exposure to consistently high ETH yields safely in one token

How DAO treasuries can benefit from icETH 🧵 ⬇️ 2/
Stockpiles of ETH sit idle within DAOs

$icETH, built on @LidoFinance and @AaveAave legos, automates and simplifies a sophisticated leveraged staking strategy by abstracting away active management of ETH yield positions to produce APYs up to 3x $stETH

indexcoop.com/blog/understan…

📢 Introducing $icETH 🧊

The Interest Compounding ETH Index $icETH is our first yield product built on @SetProtocol

the tokenized strategy amplifies $ETH staking yield by harnessing the best of @LidoFinance's liquid staking & @AaveAave's money market into a simple ERC-20 token
indexcoop.com/blog/introduci…

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Wait, they actually put tokens in a hoodie?

Yes... Yes, we did. 👇👕 2/

You’re already blowing bankers’ minds earning yield on yield with $GMI

And now you hear there's a $GMI merch that’s pushing the frontiers of tech and fashion…

This drop is bridging the digital and physical to make you part of the community both on- and off-chain.

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Can Brave’s Basic Attention Token Dismantle Google's Empire? $BAT

Announcing the 2nd report in the $DATA Club research series by @DATA_Index!

@lukemulks, @Planet_BAT, @BATambassadors, @Oz4Code, @BravetanWaifu, @bat_jennie, @vkbrave, @BAT_Community, @BraveSampson 2/

Brave's $BAT is an Ethereum-based token that derives its value from user attention, monetized through digital advertising.

$BAT is the 3rd largest token in the @DATA_Index, accounting for 16.7% of the value of the index.

blog.titansofdata.org/data-club-bat-…

1/ The Index Coop's $INDEX liquidity mining program is coming to an end on December 7th, 2020.

Due to this, the community has voted to extend the program by an additional 30 days.

Full details 👇

medium.com/indexcoop/inde… 2/ On December 7th at 12PM PDT, the new $INDEX liquidity mining program will begin and run for a total of 30 days (until 12PM PDT, January 7th 2021).

This new program will have a target APY rate of 30% and a target DPI/ETH Uniswap pool size of $30m ($15m ETH and $15m DPI).

1/ The Index Treasury Committee is continually finding new ways to reward contributions which meaningfully further the goals of the Index Coop.

The Index Coop Bounties Program is another step in that direction.

Check it out 👇

bit.ly/3pLf0mj 2/ Starting today, Index Coop top contributors (called Gold & Silver Owls) may allocate some quantity of $INDEX - defined at the beginning of each month - for bounties.

View the open bounties here:
bit.ly/3kQEcUN