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IIP-177: Launch the Index Coop Large Cap Index ($ic21)
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IIP: 177 Title: Launch the Index Coop Large Cap Index Status: Proposed Author(s): @allan.g, @jordan.t Reviewer(s): @mrmadila, @DevOnDeFi , @afromac, 21.co Created: 31 Aug 2023
Abstract
The Product team proposes that the Index Coop launch the Index Coop Large Cap Index, an on-chain crypto index token that is built around the largest and most successful crypto projects, ranked by square root market cap weighting. $ic21 contains a number of non-EVM assets, such as ADA and SOL, that will be included via the creation of wrapped tokens that are managed by 21.co 7. These tokens use a custodial model similar to wBTC, and liquidity will be made available to Index Coop via 0x RFQ orders.
Complete product details can be found in the forum proposal.
Voting
FOR: Do launch the Index Coop Large Cap Index AGAINST: Do not launch the Index Coop Large Cap Index
Connect Wallet to Add Note
0Votes 24
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 0xF94d...8C2509 | 284,320 | FOR |
 0xce0D...46Adac | 262,717 | FOR |
 0x6CD4...64443a | 184,339 | FOR |
 Wintermute Governance | 155,778 | FOR |
 0x5a3c...3d0B35 | 130,839 | FOR |
VOTE POWER
0
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Proposal Status
- Wed September 06 2023, 04:00 pmVoting Period Starts
- Sat September 09 2023, 04:00 pmEnd Voting Period
Current Results
1-FOR
1.159M