IIP: 178 Title: Launch the Index Coop CoinDesk ETH Trend Index Status: Proposed Author(s): @MrMadila Reviewer(s): @allan.g, @DevOnDeFi Created: 2023-08-31
In a partnership with CoinDesk Indices, the Product team proposes that the Index Coop launch the Index Coop CoinDesk ETH Trend Index ($cdETI), a token designed to take advantage of trends in the price of ETH by utilizing CoinDesk’s ETH Trend Indicator 4. The Index Coop proposes to build a token that automatically engages with the CoinDesk ETH Trend Indicator to tokenize the indicator.
Complete product details can be found in the forum proposal.
FOR: Do launch the Index Coop CoinDesk ETH Trend Index AGAINST: Do not launch the Index Coop CoinDesk ETH Trend Index