Key Points:

• What is Index Coop?
• DeFi Pulse Index (DPI)
• Interest Compounding ETH Index (icETH)

What is Index Coop?

Before we dive into Index Coop let’s talk about “Index Funds” first. An index fund is a portfolio of stocks or bonds designed to mimic the composition and performance of a financial market index. You've probably heard of the S&P 500 or the Nasdaq-100, which are both popular large-cap indexes in the stock market; when you invest in an index fund, your money is used to invest in all the companies that make up the particular index.

Index Coop is the first decentralized company dedicated to making crypto index primitives easier to create and utilize. Using Index Coop users benefit from:

• Easy access to crypto investment themes
• Reduced risks due to diversification
• Cost and tax efficient buy and hold

“Clients hold $58,792,664 in our products”

Below are some of the indexes offered by Index Coop with brief description:

We'll take a closer look at DeFi Pulse and Interest Compounding ETH Indexes in the following sections.

DeFi Pulse Index (DPI)

The DeFi Pulse Index is a digital asset index designed to track tokens’ performance within the Decentralized Finance industry that have significant usage and show a commitment to ongoing maintenance and development.

“For many DeFi Pulse Index holders, the DPI token represents diversified exposure to the blue-chip tokens of the current DeFi ecosystem.”

The inclusion criteria are the basis to select what tokens will be included in the index. DeFi Pulse Index token inclusion criteria are broken down into four categories: token description, token supply characteristics, project traction, and protocol user safety.

The underlying tokens of DPI are shown in picture below:

Benefits of DPI

• Buy a single token so that you don’t have to pick a winner among various DeFi tokens.
• Avoid unpredictable volatility that occur frequently in the crypto market.
• Save on gas by purchasing only one token rather than many tokens individually.
• Don’t bother about rebalancing your investments because automated rebalancing will do it for you.

Where can I buy DPI?

• Index Coop
• Uniswap
• Matcha (DEX Aggregator)
• TokenSets (Buy / Sell) [Gas efficient]
• TokenSets (Mint / Redeem via Exchange Issuance Module) [Slippage efficient]
• Argent
• BitGo

Interest Compounding ETH Index (icETH)

The Interest Compounding ETH Index (icETH) is a leveraged liquid staking approach to boost staking rewards. icETH multiplies the staking rate for stETH while decreasing transaction costs and risk associated with managing collateralized debt in Aave, thanks to Set's battle-tested leverage token architecture.

Token holders retain spot exposure to ETH and amplify staking returns up to 2.5x.

“Because of the high correlation of the assets involved, icETH is safer than doing using leverage manually.”

Benefits of icETH

• Minimize your risk as high correlation between icETH’s collateral (stETH) and debt (ETH) assets significantly lowers liquidation risk.
• Save on gas simply buying the icETH token ather than submitting a dozen different transactions in Aave and different DEXs.
• Don’t worry about constant monitoring or management because icETH rebalances your position for you.
• Take advantage of icETH's inclusion with a variety of DeFi protocols to expand its utility and use cases.

Where can I buy icETH?

• ​​Index Coop​
• Uniswap v3
• ​TokenSets (Mint / Redeem also available)