What is Index Cooperative?

Symbol: INDEX · Market cap rank: #2436

Short answer

Index Cooperative (INDEX) is a cryptocurrency currently ranked #2436 by market capitalisation. It is classified as DeFi, Asset Manager, Metagovernance.

Source: isthiscoinascam.com

Overview

Index Cooperative is a decentralized autonomous organization (DAO) focused on developing structured decentralized finance (DeFi) products and strategy tokens. Its offerings include various sector index products, leverage and inverse products, as well as yield-generating instruments. The platform operates on Set Protocol, which facilitates the creation and management of Ethereum-based tokens.

Governance within Index Cooperative is facilitated through a governance token known as INDEX. Holders of INDEX tokens participate in decision-making with voting power allocated on a one-to-one basis, where each token corresponds to one vote. A team of developers is responsible for implementing changes as voted on by the community.

Launched: 2020

Headquarters: Unknown

Scam-risk analysis

Index Cooperative has a moderate score — some risk signals were raised but no critical concerns. Is Index Cooperative a scam?

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