IIP-17 Token Terminal Index

[Lavi]

Great discussion!

@snasps

Last thought since you mentioned those, I think DEFI5/CC10/DEGEN and DEFI+L/DEFI+S/DEFI++ are imho the main argument against the “shotgun approach” taken by competitors. The more similar products you add, the more you, extend yourself, your ressources, and end up confusing your users and ultimately limit your ability to set the standard. Again imo less is more here!

I agree that the shotgun approach seems not be the best way to do things at this point.
However, I don’t think that’s what we’re doing. The IC differentiates itself from other index providers by partnering with well-known entities of the ecosystem to co-launch products. All of them had a comprehensive methodology, marketing efforts or reach, high credibility etc. Some even bring their own clients and partners.
While competitors might use a shotgun approach, our strategy requires partners to have a clear and well thought-out product vision. Therefore, I think what we’re doing is quite the opposite of the shotgun approach.

@snasps

When I look at the two products, I try to evaluate the audience the product is adressed to, rather than look at the actual methodology. The two products are clearly targeted at people looking to capture wide DeFi market upside, so I can argue they are competing for users. This competition, although keeps users in the IndexCoop’s universe, might (no matter how tiny the possibility), create an outcome where the Coop ends up not maintaining the largest index in the space anymore, which will be a big loss for the Coop.

As you point out, the possibility is tiny and I’d argue that the risk of having to compete with TTI outweighs the risk of loosing marketshare to our own product. We should grow the pie together, rather than competing over pieces.

[TokenTerminal]

Hi all!

Thanks to all the voters in DG1, we look forward to moving TTI to DG2 in the upcoming weeks. In the meantime, we wanted to share a few minor updates:

• We’re currently working on an update to the Token Terminal website. In the new version, we’ll include a separate dashboard that includes all products launched by the Coop. We want to support the Coop in the adoption of all its indexes, and illustrate the complementary value of a diverse product offering.

• We’ve also recruited more developers to our team to make sure that enough resources are dedicated to the dashboard and the TTI (subject to it being launched).

Let us know if you have any questions.

[Tim_Malibu]

A P/S index seems very niche. I can’t think of any off the top of my head in TradFi.

Although a very interesting idea, I believe the Coop should target the largest, most obvious opportunities at this stage in the lifecycle of both crypto indices and the Coop as an aspiring leader.

We could revisit niche products like this after we exhaust tier one, mass market opportunities.

Thank you everyone!

[anon10525910]

@dylan

Fees

The Token Terminal Index will have the following fees and fee split:

• Streaming fee: 0.95%
• Split: 70:30 (Coop:Token Terminal)

Noting that this was recently added to the IIP

[Don-ETH]

An amazing discussion here especially to @snasps and @verto0912.

I would say they are somehow competing for the same audience and might eat some market share of DPI which is the product of IndexCoop. However, I believe, pros of offering TT index outweigh these cons, imo.

A question though, will TT offer this product to other index protocols, such as PieDAO, Index Finance, etc?

[verto0912]

I think they have suggested (per below) that they will look to launch TTI elsewhere if it doesn’t get launched by the Coop for whatever reason.

@TokenTerminal

As we’ve stated before, we’re eager to partner up with the Index Coop for the long-term, but we of course need to be practical and look for other alternatives, should the proposal not pass.