# INDEX and its metagovernance backing

**URL:** <https://gov.indexcoop.com/t/index-and-its-metagovernance-backing/4311>\
**Category:** Governance\
**Created:** [24 June 2022 16:39 UTC](https://gov.indexcoop.com/t/index-and-its-metagovernance-backing/4311 "2022-06-24T16:39:07Z")\
**Posts on this page:** 2\
**Page:** 1

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**Author:** ![ELI5ofTLDR](https://avatars.discourse-cdn.com/v4/letter/e/e56c9b/32.png) [@ELI5ofTLDR](https://gov.indexcoop.com/u/ELI5ofTLDR)\
**Post date:** [24 June 2022 16:39 UTC](https://gov.indexcoop.com/t/index-and-its-metagovernance-backing/4311/1 "2022-06-24T16:39:07Z")

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Hi!

I’ve done some estimations regarding INDEX metegovernance backing. I can’t post the entire topic here, so I just share a link with a Google doc:

> **[$INDEX — a token with real (meta)governance power backing](https://docs.google.com/document/d/1pJNEYlDjs_1ZBbCwZONehDb4OWXq0BhzWAgZ9T3fWLE/edit?usp=drivesdk)**
>
> $INDEX — a token with real (meta)governance power backing. Index Coop, a decentralized protocol that operates in the DeFi sphere, is focused on providing the best indices on-chain for retail and institutional clients. High class exposure to the...

Hoot!

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**Author:** ![mel.eth](https://yyz1.discourse-cdn.com/flex027/user_avatar/gov.indexcoop.com/mel.eth/32/3539_2.png) [@mel.eth](https://gov.indexcoop.com/u/mel.eth)\
**Post date:** [27 June 2022 21:53 UTC](https://gov.indexcoop.com/t/index-and-its-metagovernance-backing/4311/2 "2022-06-27T21:53:48Z")

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This is great; would love to see the rest of DPI calculated as well! Thanks @ELI5ofTLDR!