Introduction to the INDEX Token
The Index Coop is a decentralized autonomous organization (DAO) that exists to create and maintain crypto-native structured products built on DeFi asset management primitives (e.g. Set Protocol). As a DAO, Index Coop is governed by its community members. Collectively, they propose and vote on new products, the allocation of the treasury, and the future direction of the DAO. This is where $INDEX comes in.
Whether you are an $INDEX holder today, or are considering participating in the Index Coop community for the first time, this basic overview is designed to help you understand how $INDEX functions within the Index Coop community. Let’s go!