# Data Economy Index (DATA)

### ***Note:*** [***Support for DATA Discontinued in December 2022***](https://indexcoop.com/blog/deprecation-of-data-gmi-mnye-and-polygon-flis)

<div align="left"><img src="https://2404196717-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-MJY-enmfAw5ra2s-8QX%2Fuploads%2FqBJa0720wKWJdF1YmuhB%2FDATA-Brand-Identificator-FLOC-1_Mesa%20de%20trabajo%201%20copia%205.png?alt=media&#x26;token=7d22f3a6-e189-42fb-b905-e8ff0a14ae0b" alt="" width="188"></div>

### What is the Data Economy Index token (DATA)?

The DATA index is a basket of 7 tokens designed to provide accessible, passive exposure to the second largest Web3 sector, the data economy. The data economy is a digital ecosystem for collecting, storing, and selling data.

### Where can I redeem DATA?

* [TokenSets](https://www.tokensets.com/v2/set/0x33d63Ba1E57E54779F7dDAeaA7109349344cf5F1) (Mint / Redeem via Exchange Issuance Module) \[Slippage efficient]
* BitGo
* Argent (Sell Only)

### What is the methodology behind **DATA**?

The methodologists behind DATA are he [Titans of Data](https://www.titansofdata.org/) (Thomas Hepner and Kiba Gateaux). You can read more about DATA methodology and underlying tokens here on the [**Index Coop website**](https://indexcoop.com/data-economy-index)**.**

{% embed url="<https://indexcoop.com/data-economy-index>" %}

### Frequently Asked Questions

<details>

<summary>Can I LP DATA?</summary>

Yes, on UniSwap V3 or SushiSwap.

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<summary>What are the contract addresses for DATA?</summary>

Ethereum: [0x33d63ba1e57e54779f7ddaeaa7109349344cf5f1](https://etherscan.io/token/0x33d63ba1e57e54779f7ddaeaa7109349344cf5f1)

Polygon: [0x1D607Faa0A51518a7728580C238d912747e71F7a](https://polygonscan.com/token/0x1D607Faa0A51518a7728580C238d912747e71F7a)

</details>

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<summary>Is DATA <strong>on any Layer 2?</strong></summary>

Yes. It is on Polygon (MATIC) and zkSync.

</details>

<details>

<summary>Where can I stake DATA?</summary>

Nowhere, currently.

</details>

<details>

<summary>Can I redeem the underlying tokens of DATA?</summary>

All of our indices are fully collateralized and redeemable at any time for the underlying assets. Meaning in DATA you’d receive X% LINK, ENS, etc.

Learn more [here](https://docs.tokensets.com/investors/issue-and-redeem-sets).&#x20;

</details>

<details>

<summary>What is the fee split for DATA?</summary>

70% Index Coop / 30% methodologist

</details>

<details>

<summary>When/how often will DATA rebalance?</summary>

Rebalances occur quarterly based on DATA criteria. Learn more [here](https://indexcoop.com/blog/automatic-rebalancing).

</details>

<details>

<summary>Are there any liquidity mining incentives for DATA?</summary>

No.

</details>

### Important Links

* [An Introduction to the Data Economy](https://medium.com/indexcoop/an-introduction-to-the-data-economy-2fb110d72041)
* [Beginners Guide to Data Economy Index](https://medium.com/indexcoop/beginners-guide-to-data-economy-index-data-f19deb999688)
* [Investing in the Future of the Data Economy](https://medium.com/indexcoop/investing-in-the-future-of-the-data-economy-c6214cbe0be5)
* [IIP-55: Data Economy Index (DATA)](https://gov.indexcoop.com/t/iip-55-data-economy-index-data/1894)

### Contact Us

Drop into the [**Index Coop Discord Server**](https://discord.com/invite/indexcoop) and search for the **#DATA channel** in the **Products** category. This is the fastest way to have a real person answer any questions you have.