IIP-186: Deprecate the Index Coop Large Cap Index (ic21)
Elevator Pitch
The Index Coop Large Cap Index ($ic21) has unfortunately failed to find significant product market fit (PMF) despite reasonable attempts to grow and market the product. It has also been beset by technical issuance and redemption issues related to the 0x RFQ service outside of the Index Coop and 21.co’s control despite efforts to resolve them. The Index Coop DAO therefore proposes to deprecate the product.
Voting
FOR: Discontinue the ic21 product and rebalance ic21 to 100% WETH AGAINST: Continue the ic21 product
Quorum: ~673k
Off-Chain Vote
FOR: Discontinue ic21
759.47K INDEX100%
AGAINST: Continue the ic21
0 INDEX0%
Timeline
Oct 21, 2024Proposal created
Oct 21, 2024Proposal vote started
Oct 23, 2024Proposal vote ended
Oct 23, 2024Proposal updated