The Index Cooperative is a community-led, decentralized organization whose goal is to create, maintain and drive the adoption of crypto indices. Its exchange-traded products enable users to gain broad exposure to different protocols of varying themes across the cryptocurrency industry.
The Index Cooperative (INDEX) token is the native governance token of the Index Cooperative. Holders of the INDEX token can participate, propose, and vote on changes to the Cooperative’s smart contract, indices, treasury and more. It aims to facilitate community-driven ownership and governance, promoting the long-term growth and sustainability of the organization. Index Coop is built by a very strong team and the code base is very healthy. The community around the project is one of the best in the DeFi space. Overall a solid project to watch out for.