Add $INDEX as Collateral Asset

Summary

This proposal would add $INDEX as a collateral asset on CREAM V1 on Ethereum.

For
Add $INDEX as a collateral asset on CREAM Ethereum.

Against
Do nothing

Motivation

The Index Coop is rapidly growing ($INDEX is the governance token of the Index Coop) - $DPI is clearly the market leader in DeFi Index funds. You can see statistics here: Dune Analytics

$INDEX is widely held and has increased in value a lot over the past few months but it’s not currently supported by any money markets.

Disclosure: I am a community member of the Index Coop and own $INDEX.

3 Likes

I’m also a member of INDEX community and would looove for index to be listed on CREAM. 10/10 DeFi asset.

Member if INDEX community - this would be a huge win. Excited to see this move forward!