# IIP-60: Launching Llama Diversified Index (LDI)

**URL:** <https://gov.indexcoop.com/t/iip-60-launching-llama-diversified-index-ldi/1987>\
**Category:** Proposal\
**Tags:** product\
**Created:** [16 July 2021 14:58 UTC](https://gov.indexcoop.com/t/iip-60-launching-llama-diversified-index-ldi/1987 "2021-07-16T14:58:14Z")\
**Posts on this page:** 1\
**Showing post:** 6

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**Author:** ![Thomas\_Hepner](https://yyz1.discourse-cdn.com/flex027/user_avatar/gov.indexcoop.com/thomas_hepner/32/111_2.png) [@Thomas\_Hepner](https://gov.indexcoop.com/u/Thomas_Hepner)\
**Post date:** [18 July 2021 21:04 UTC](https://gov.indexcoop.com/t/iip-60-launching-llama-diversified-index-ldi/1987/6 "2021-07-18T21:04:15Z")

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**@Llama is building a strong reputation in the DAO ecosystem as a Treasury Management service provider** so I am very excited to see this proposal put forward. In my view, there is great potential for a long-term win-win relationship between Llama and Index Cooperative.

**I am incredibly encouraged by the overlap between the two communities.** There is a lot of cross-DAO engagement from contributors like @HelloShreyas, @Matthew_Graham, @verto0912 , @Kiba , @DOC , and others that I am assuredly missing.

I am sure there will be many iterations to this proposal, but **I am strongly in favor of Llama becoming a Methodologist with the Index Cooperative.**

Here are a few questions and comments on the details of this proposal:

**1. Could you elaborate on what this means given that LDI does not exist yet?**

> [@Llama](#):
>
> LDI has already secured approximately $3.5M of external funding.

**2. How are the targets for each asset class within LDI being determined?** It is very strange to me that Ether has 2x the target allocation as Bitcoin and Metaverse 2x the allocation of Web3 Infrastructure given that Bitcoin has ~2.5x Ether’s market capitalization and Web3 Instrstructure has ~5x the market cap of the Metaverse.

**3. Has Llama considered changing the name to reflect that this product is intended to be a Treasury Management solution?** For instance, is this product mostly intended for DAO treasuries and institutions or is it also intended to be a product for individual investors?

**4. @Matthew_Graham @prairiefi @ElliottWatts Is this a product Index Cooperative should consider for our Community Treasury? If so, in what size?**

**5. I found it strange that PAY is the included in the proposal, but not DPI, MVI, or [DATA](https://gov.indexcoop.com/t/iip-55-data-economy-index-data/1894). Why leverage PAY and not the others?** Could Llama provide additional context on this consideration?

**6. Comment on Intrinsic Productivity and “dogfooding” Index Coop products:** DPI, MVI, and DATA would all greatly benefit from Intrinsic Productivity (IP) and this has been discussed at length at Index Cooperative. @Kiba suggested xSUSHI and yvYFI be used to [Activate DPI Intrinsic Productivity](https://gov.indexcoop.com/t/iip-29-activate-dpi-intrinsic-productivity/1118), but those discussions were put on hold after [disagreements](https://gov.indexcoop.com/t/request-for-discussion-activate-intrinsic-productivity-ip-for-dpi-as-a-standalone-product/1591) in the Index Coop community. It seems like there is an opportunity to build out IP for those products _first_, and then incorporate those products in LDI. Thoughts?

**7. Timeline:** When is Llama hoping to launch this product by? Is Llama hoping or expecting to receive INDEX rewards from the Methodologist Program? I want to understand Llama’s expectations of the Index Cooperative relationship.

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_[View the full topic](https://gov.indexcoop.com/t/iip-60-launching-llama-diversified-index-ldi/1987)._