IIP-190: Strategic Realignment: Discontinuing Support for Legacy Products

Executive Summary The Index Coop DAO proposes discontinuing support for several products to reallocate resources toward leverage and yield products. This strategic shift aligns with evolving market demands and is essential for the long-term growth and viability of the DAO.

The discontinuation will indefinitely pause all rebalancing, maintenance and ancillary activities for the affected products. Existing holders will maintain their current exposure, but the products will no longer rebalance or follow the original methodologies.

Proposed products to discontinue rebalancing:

The DeFi Pulse Index (DPI) The Metaverse Index (MVI) The Bankless BED Index (BED) The Index Coop CoinDesk ETH Trend Index (cdETI) Proposed products to rebalance entirely into a single asset:

The Diversified Staked ETH Index (dsETH) → wstETH The Gitcoin Staked ETH Index (gtcETH) TBC from GTC → wstETH or rETH We understand this decision impacts members of our community who hold these products. The following sections outline the rationale, further details about the discontinuation process and support for existing holders.