Index Cooperative
About Index Cooperative
Index Cooperative (INDEX) is an ERC-20 token on the Ethereum blockchain, serving as the main component of a decentralised collective focused on developing and improving premier crypto indices. As the governance token for the Index Coop, INDEX allows holders to engage in decision-making processes. Owners of $INDEX have voting rights on proposals related to new product introductions, alterations to current products, management of external protocols, and treasury allocation decisions, among other matters. The Index Coop was initiated on October 6, 2020, by Felix Feng, who is the Co-Founder and CEO of Set Protocol.
Index Cooperative (INDEX) is an ERC-20 token deployed on the Ethereum blockchain. It is the cornerstone of a decentralised collective aimed at creating, maintaining, and enhancing top-tier crypto indices in the market.
INDEX serves as the governance token for the Index Coop, granting holders the ability to participate in decision-making. Those owning $INDEX can cast their votes on various proposals, including the introduction of new products, modifications to existing offerings, governance of external protocols, and decisions regarding the allocation of the treasury, among other aspects.