Index Cooperative INDEX Price

What is Index Cooperative (INDEX)?

Index Coop, a groundbreaking decentralized autonomous asset manager, has been at the forefront of the DeFi (Decentralized Finance) revolution since its launch by Set Labs on October 6th, 2020. Central to its operations is the native token $INDEX, an ERC-20 token deployed on the Ethereum blockchain. With a capped supply of 10 million tokens, INDEX isn't just a cryptocurrency: it's a pivotal part of Index Coop's governance. Token holders can actively participate in decision-making by voting on proposals, demonstrating Index Coop's commitment to a decentralized and inclusive financial future.

The Index Coop differs from traditional asset managers in its autonomous and community-driven approach. The organization comprises a dynamic mix of core contributors and a broader community of product holders, investors, and supporters. This structure facilitates the development of secure, user-friendly, and accessible DeFi products. These products simplify complex DeFi strategies, making them accessible to a broader audience, from retail users to institutional investors.

Index Coop’s vision extends beyond mere token issuance. It aims to democratize finance by making it easy for everyone to access and understand. INDEX tokens represent not just a share in the Coop's success but also a commitment to a future where decentralized finance is ubiquitous and inclusive. As we continue to witness the evolution of the Index Coop, it becomes increasingly clear that this organization is not just a part of the DeFi ecosystem but a leader in shaping its future.

What is unique about Index Cooperative (INDEX)?

Index Cooperative is distinctive for being a decentralized autonomous organization (DAO) that democratizes finance. It specializes in creating accessible and easy-to-use decentralized finance (DeFi) products, aiming to include a wide range of users from retail to institutions. The organization emphasizes the community-led governance of its operations and products through its native token, INDEX, allowing token holders to participate in decision-making processes.

Who are the founders of Index Cooperative (INDEX)?

Index Coop was launched by Set Labs, with Felix Feng, the Co-Founder and CEO of Set Protocol, playing a pivotal role in its creation.

Who are the backers/investors of Index Cooperative (INDEX)?

Index Coop has attracted substantial backing from prominent investors in the DeFi sector. Key investors include Sequoia Capital, Galaxy Digital, 1kx, DeFiance Capital, Blockchain.com Ventures, Assembly Capital, 1confirmation, White Star Capital, and Wintermute.

Where can I buy Index Cooperative (INDEX)?

You can buy Index Cooperative (INDEX) on MEXC, Coinbase, CoinEx, Korbit, Uniswap V3 (Ethereum) cryptocurrency exchanges.