$INDEX - Governance Token

The Index Coop DAO's native token.

What's the token for?

$INDEX is a governance token used to vote on proposals for the Index Coop. $INDEX holders may vote on new products, changes to existing products, external protocol governance, treasury allocation decisions, and more. There is a maximum supply of 10 million $INDEX tokens.

The $INDEX token contract is natively deployed to Ethereum main net and can be verified with the following address: 0x0954906da0Bf32d5479e25f46056d22f08464cab

What is the initial distribution of the $INDEX token?

Here is a breakdown of the initial token distribution at launch:

• 1% allocated to the historical airdrop for $DPI holders

• 7.5% allocated to the Methodologist program over 18 months (starting 60 days after launch)

• 9% allocated to the 60-day liquidity mining program

• 52.5% allocated to the DAO treasury

  • 5% available immediately

  • 47.5% vested over 3 years

• 28% allocated to Set Labs Inc

• 2% allocated to DeFi Pulse

Non-Circulating Addresses

Name	Address
Index Coop Treasury	0x9467cfadc9de245010df95ec6a585a506a8ad5fc
Index Coop Contributor Ownership Pool	0x236815b32b50cc80f5c6348396b1a9b09fd3e7f7
Index Coop Treasury Fast	0xbf14566a37D96d55485bD281f5E7c547883A54C8
Index Coop Treasury Operations	0xFafd604d1CC8b6B3B6CC859cF80Fd902972371C1
Index Coop Treasury Investment	0x462A63D4405A6462b157341A78Fd1baBfD3F8065
Index Coop Treasury Liquidity	0x3a36b94689f303aAf9BFE761068Efb8F78912023
Contributor Vesting Contract 1	0x476cf198afac0fb13576f664cb49e5e658fd4322
Contributor Vesting Contract 2	0x1bb64af7fe05fc69c740609267d2abe3e119ef82

$INDEX Tokenomics

Currently, $INDEX derives value primarily from being a governance token; in practice, this takes the form of voting on improvement protocols for the Index Coop (IIPs), deciding which products to launch and maintain, and also for meta-governance proposals relating to underlying tokens held in $DPI (and future index products).

$INDEX should be viewed as a ‘proof-of-work’ token as it is distributed to those who contribute to the progress of Index Coop. We believe that focusing on decisions that benefit the DAO in the long term is what brings value to $INDEX, and it is ultimately up to $INDEX holders to determine broader value accrual for the DAO.

$INDEX Liquidity

$INDEX tokens can currently be bought and sold through the following exchanges:

• Coinbase (centralized)
• Gemini (centralized)
• Uniswap v3 (decentralized)

For onchain buyers and sellers, DEX aggregators like CoW Swap, Matcha, and LlamaSwap are recommended for best execution.