I think that it’s a great idea and this is definitely something that should be implement at some point when the Index Coop is more mature - But:
- I’m not sure if this is the right time to do it. Holding $INDEX is already a big bet on the future, and adding another cost of carry without any upside boost could harm Index Coop early supporters even more. To be used as collateral, a token must be valuable and liquid first,
- Following our last community call, I had the feeling that, finally, we were moving toward a solution implying to put DPI to work, not its constituents - meaning that the risk would be taken by the DPI holders themselves.
Happy to discuss about this during the next community call 