Index Cooperative’s flagship product, the DeFi Pulse Index (DPI) and government token (INDEX) can now be traded directly on Gemini, a regulated bitcoin and altcoin exchange that makes buying digital assets simple and secure. Founded in 2014, Gemini’s simple and innovative products are designed to empower its users.
“We are honored to partner with the Gemini team to include DPI and INDEX,” said Mike Taormina, director of Institutional Businesses of Index Coop. “We share Gemini’s purpose of providing simple and secure ways to empower people to invest in blockchain products.”
“The inclusion of DPI and INDEX on the Gemini platform helps Index Cooperative fulfill its mission of creating decentralized finance products that create prosperity for all. Index investing is widely regarded as one of the easiest ways to diversify a portfolio and experience performance competitive with the broader market.”
Mike Taormina, Director of Institutional Business at Index Coop.
DPI and INDEX: diversification and governance for users
The DeFi Pulse index is a capitalization-weighted index that provides a cost-effective means of gaining access to decentralized finance (DeFi) as a theme. The index includes top-tier DeFi governance tokens covering major decentralized exchanges, lending protocols, and other industry participants.
Scott Lewis, Founder of DeFi Pulseexplained that the DPI methodology “It provides users with a unique way to gain diversification and quality in their assets without the need to research each of the DeFi protocols. DPI listing on Gemini opens that up to the widest set of users yet and enables more people to buy DeFi efficiently”.
INDEX empowers the token holders to govern Index Coopa leading decentralized crypto-community with over $250M in aggregate assets across its suite of products.
“Token-based governance opens up a world of possibilities and value that you can only find on Web3. Product creators and the community can decide on organizational strategy, from protocol updates and releases, influencing broader ecosystem strategies, all powered by the INDEX governance token.”
Mel Oxenreider, director of governance at Index Coop.
DPI tokens are available at Gemini Exchange.
About Index Coop
Index Cooperative create simple and powerful indexed products to help users invest in cryptocurrencies. It is one of the three recognized DeFi organizations in the 2022 CB Insights Blockchain 50. As of March 30, 2022, Index Cooperative products have a total aggregate value locked (TVL) of approximately $250 million.
Press contact: [email protected].
About Scalera
Scalara is the index provider behind some of the largest and most innovative products in the decentralized finance (DeFi) space. As an offshoot of DeFi Pulse, the leading provider of market intelligence on DeFi, Scalara shares its mission to make DeFi accessible to everyone and be an innovator in the rapidly evolving DeFi ecosystem.
Press contact: [email protected].
About Gemini Exchange
Gemini is an exchange that allows customers to buy, sell, and earn cryptocurrencies such as bitcoin, ether, and DeFi tokens. Gemini’s simple, innovative and safe products are designed to empower the individual. Gemini was founded in 2014 by brothers Cameron and Tyler Winklevoss.
Press contact: [email protected].
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