Dear owls,
After 10 months growing this idea into a viable project, the last few weeks saw us overcoming the biggest challenge for the Robot Index to date. The time has come for the Index community to decide on iRobot’s future, and this time there will be no turn around !
Assuming positive feedback is received to the updates listed below, I am targeting the DG2 vote to start next week, Monday 8th November (cc @sixtykeys / @mel.eth for the pre-warning and the IIP number attribution 
). Note that a POAP has been prepared to reward all participants on Snapshot !
I’m not able to edit the original post above, but here are the most important updates to implement in Snapshot / Gitbook before the vote :
→ Example composition : Illustrated below is the draft composition of iRobot as of 13th October 2021, following the complete methodology described below and taking into account the latest data available.
Note that this composition is subject to change until launch to reflect the market dynamics and liquidity situation.
→ Backtest data :
A backtest covering the period from 1st May to 31st July 2021, and based on a sub-optimal montly rebalancing cadence, showed (link updated) that iRobot would have been the only asset on par with ETH, featuring a positive Sortino ratio and outperforming BTC, BED as well as DPI with more than 70% cumulative gains in the last 2 weeks of July.
→ Fee structure and initial liquidity strategy :
- A simple streaming fee of 1.5% is proposed to take into account the complexity of the methodology and the amount of market research / data analysis required for its maintenance. This ideally positions iRobot in an intermediate range between DPI / MVI and the FLI suite.
- It is proposed that Index Coop retains 100% of the streaming fee as well as the methodologist bounty for this product.
- It is proposed that the community methodologist(s) contributing to iRobot’s maintenance claim rewards from the Product Working Group / Simple Indices Pod (cc @Cavalier_Eth / @DocHabanero).
- Index Coop will provide the initial liquidity for iRobot . A launch on Sushi Onsen is envisaged to further incentivize liquidity provision and bootstrap initial AUM.
→ Author Background & Commitment :
- Ex-F1 engineer, data analysis specialist.
- Spent the last 2 years developing personal investment strategies based on this same framework used for the Robot Index.
- Joined Index Coop in December 2020 and started contributing on DPI’s performance evaluation against its competitors.
- Have continuously assessed and refined this methodology, its relevance as a product as well as the tools necessary for data processing and backtesting over the last 10 months.
- Now able to work full time on iRobot’s success and growth. My future endeavours also include the development of bloom.fi as a Coop sub-DAO, specialized in global crypto market research & designed to support projects like iRobot.