# sCoop Weekly - 2022.01.21

**URL:** <https://gov.indexcoop.com/t/scoop-weekly-2022-01-21/3735>\
**Category:** sCoop\
**Created:** [21 January 2022 20:20 UTC](https://gov.indexcoop.com/t/scoop-weekly-2022-01-21/3735 "2022-01-21T20:20:57Z")\
**Posts on this page:** 2\
**Page:** 1

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**Author:** ![kindeagle](https://yyz1.discourse-cdn.com/flex027/user_avatar/gov.indexcoop.com/kindeagle/32/2269_2.png) [@kindeagle](https://gov.indexcoop.com/u/kindeagle)\
**Post date:** [21 January 2022 20:20 UTC](https://gov.indexcoop.com/t/scoop-weekly-2022-01-21/3735/1 "2022-01-21T20:20:57Z")

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![sCoop Weekly](https://canada1.discourse-cdn.com/flex027/uploads/theindexdao/original/2X/7/7a88eab2197138d0550347c9aa675f0adb6cd671.jpeg)

_Welcome to the **sCoop Weekly** where you’ll get a rundown of the week that was and where the Owls are flying next. Be sure to follow daily and weekly Index Cooperative contributor news on Twitter:_ [@HowWeDAO](https://twitter.com/HOWweDAO)

 ![InFlight](https://canada1.discourse-cdn.com/flex027/uploads/theindexdao/original/2X/f/feb90adcce60cc008965612ad012a87a798270d8.png)

**Get to Know the DPI Protocols: Yearn.finance (YFI)**

 ![1_YFPGHFxt3XKzmhNSd84f0A](https://canada1.discourse-cdn.com/flex027/uploads/theindexdao/original/2X/b/b59b646a56d13a484d8402806fd0ad8e74f4895f.jpeg)

The DeFi Pulse Index (DPI) is designed to capture the performance of the most significant tokens in the Decentralized Finance ecosystem. DPI currently has a Market Capitalization of $134.33 million and a trading volume of 0.34 million.

YFI is one of 17 tokens currently held in the DPI product. Here’s a basic overview of what you need to know about this exciting token. [**Learn more about Yearn & DPI**](https://medium.com/indexcoop/know-your-defi-pulse-index-dpi-token-yearn-finance-yfi-72d28aa70a3d)

**Proof of Proximity: Changing the Landscape of Fashion**

 ![1_xWoFJIBIyR8Zdy_vK0bWEQ](https://canada1.discourse-cdn.com/flex027/uploads/theindexdao/original/2X/5/518871e09989fa19d33f4737a9bf850a7d2862e1.jpeg)

The Index Coop has partnered with [IYK](https://www.iyk.app/), a digi-physical fashion startup and [BanklessDAO](https://www.bankless.community/) to launch a limited edition hoodie that promotes the spirit of innovation that our [Bankless DeFi Innovation Index (GMI)](https://www.indexcoop.com/bankless-defi-innovation-index-gmi) represents.

Index and IYK have committed to offering benefits to all GMI hoodie holders in attendance of Index Coop events during Permissionless May 2022. Each hoodie costs .1 ETH and comes with both 1 NFT claimable by whoever is in possession of the hoodie and 1 $GMI token redeemable by the first owner. [**Get Your $GMI Hoodie**](https://www.iyk.app/drops/gmi)

 ![WhatsNew](https://canada1.discourse-cdn.com/flex027/uploads/theindexdao/original/2X/c/c15f8df7e25a6b4afe312eefbaa2fc4f0ff4d50c.png)

_What’s new and in which direction are we heading over the upcoming week_

**Settling Into Nests & Pods**

 ![Screen Shot 2022-01-21 at 2.45.32 PM](https://canada1.discourse-cdn.com/flex027/uploads/theindexdao/original/2X/b/b02e42a9d595350bf87620abda9b33d5e22fbfae.png)

Nest planning meetings are underway and the structure is being put in place for the start of Season 1. The proposal for the first round of Priority Hires [was posted in the Forum](https://gov.indexcoop.com/t/iip-xy-priority-hiring-round-1/3707). The next step for Nests includes preparing thorough budget proposals with the activities and objectives that will deliver value and make an impact for Index Coop - [Community Nest Example](https://docs.google.com/document/d/1V5isFP9Po6bbdn-PwMY4A_xWl-865RenbwUoPAchW30/edit#heading=h.46is2mgyzale). Index 2.0 is happening!

 ![EventsSmall](https://canada1.discourse-cdn.com/flex027/uploads/theindexdao/original/2X/5/5f2ada435738bf995478de1aa5e84ab9e109d4a1.png)

_There’s no shortage of industry and educational events in DeFi and crypto. Along with taking part in events worldwide, Index Coop hosts a number of events to help people learn about crypto index products._

 ![Title-White](https://canada1.discourse-cdn.com/flex027/uploads/theindexdao/original/2X/3/34e747806e7bfc4e7c9c324c80a6d38e04f4ed1c.png)

**DeFi & Index 101** - January 25th-27th **[Register Now](https://event.webinarjam.com/register/25/8q894unn)**  
Join us for a three-day workshop of 90 minute live streams each for Women and NB looking to onboard into DeFi and crypto Indexes.

Topics covered:  
Day 1- The basics of DeFi with Odyssey DAO (tag them)  
Day 2- The fundamentals of Index Products  
Day 3- Index Coop’s products and how to invest in them

**Past Index Events/Podcasts**

The Blockchain Podcast with @BigSky7 - [Listen to Podcast](https://anchor.fm/blockchain-com-podcast/episodes/Episode-54-Exploring-DAOs-with-Index-Coop-e1d5m1a)  
DeFridays $GMI Series w/ @MapleFinance - [Listen to Twitter Spaces](https://twitter.com/indexcoop/status/1483560130948050944)  
DAO 101 with Women in Index - [Listen to Twitter Spaces](https://twitter.com/indexcoop/status/1484602170183987203?s=20)  
Product Design Tutorial with @JosephKnecht - [Watch Video](https://drive.google.com/file/d/1ub1EK_8Ckz-tS8VG05xgM7d2B6SZKTfK/edit)

 ![Opps](https://canada1.discourse-cdn.com/flex027/uploads/theindexdao/original/2X/a/a6c2202442587ce4daf100eb5f7794ab849fc6fc.png)

_For Season 1, this section will be a place to surface specific talents needs and contributor opportunities for Nests & Pods. Contact @coolhorsegirl or @kindeagle to create a listing._

**Devs, Devs, Devs** - _We always need Smart Contract Engineers, right?_ Reach out to @bradwmorris and our Talent team

**Impression Mining** - Learn more about how your Social, Blog and Video posts can earn you $INDEX rewards. [Learn more about the program](https://discord.gg/4PnrAYEm)

 ![NormieLink](https://canada1.discourse-cdn.com/flex027/uploads/theindexdao/original/2X/c/ca3ccc5709ef50a2c1cf05eac206bb9091f42a69.png)

_Something to share with your non-crypto family and friends to assure them you’re not working in MLM or part of a Ponzi scheme._

 ![Screen Shot 2022-01-21 at 3.09.08 PM](https://canada1.discourse-cdn.com/flex027/uploads/theindexdao/original/2X/7/768d8becc28175cce4531fd825e53fcf896661e4.jpeg)

[**What is Ethereum?**](https://www.odysseydao.com/articles/what-is-ethereum) - **Odyssey DAO**

Hoot!

@kindeagle

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**Author:** ![captainlissy](https://avatars.discourse-cdn.com/v4/letter/c/4af34b/32.png) [@captainlissy](https://gov.indexcoop.com/u/captainlissy)\
**Post date:** [22 January 2022 02:55 UTC](https://gov.indexcoop.com/t/scoop-weekly-2022-01-21/3735/2 "2022-01-22T02:55:45Z")

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How very exciting on the IYK partnership!

Would Index be creating more utilities for these NFTs?

There’s so many possibilities that NFTs can unlock, looking forward to seeing more collaborations/partnership. 🤩
