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.

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Voting

FOR: Do launch the Index Coop Large Cap Index AGAINST: Do not launch the Index Coop Large Cap Index