The Product team proposes that the Index Coop launch the Money Market Index ($MMI), a stablecoin-denominated yield product with the objective of providing diversified exposure to the top money market yields in DeFi. Underlying stablecoins will be distributed across variable-rate, peer-to-peer, and fixed-rate lending positions on Ethereum main net. $MMI will be built on Index Protocol with initial integrations to Morpho-Aave, Morpho-Compound, and Notional.
For the full proposal please see this forum post
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