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About
$INDEX: the native token of Index Coop
Index Coop is a decentralized, autonomous asset manager that issues its own native token, $INDEX.
Use your $INDEX to govern Index Coop, by voting for and against proposals on Snapshot. Or buy and hold $INDEX as a long-term investment, because each $INDEX token represents a share of Index Coop’s future revenues and success.
You can earn $INDEX rewards by contributing to the growth and sustainability of Index Coop, or by providing liquidity for Index Coop products on decentralized exchanges. You can also just buy $INDEX on a centralized or decentralized exchange.
What are the tokenomics of $INDEX?
How can I earn $INDEX?
Where can I buy $INDEX?
$INDEX as a governance token
Voting and governance with $INDEX
As a governance token, the primary utility of $INDEX is its role in the governance process of the Index Coop DAO. Voting is how we, as a community, make important decisions. Each $INDEX token represents one vote; so the more $INDEX you hold, the more voting power you have. Proposals you can support or object to with your share of $INDEX might be about:
Compensation for valuable contributors
How do I vote?
Metagovernance voting with $INDEX
Investing in $INDEX
Should I buy $INDEX?
$INDEX is, first and foremost, a governance token.
At the same time, it accrues some value when Index Coop, as an organization, grows and succeeds.
Index Coop has seen tremendous growth to date, making it the clear market leading decentralised asset manager.
Only 7 months after the release of the $INDEX token, it reached an all-time high of almost $70, valuing Index Coop at over $300 million on a fully diluted basis.
Nine months after inception, Index Coop has over $221 million in TVL and a number of other products in the pipeline.
As a first mover with a very professional, skilled and highly active community, we might just have what it takes to continue our upward journey in the future.