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: @IndexCoopDAO
FLI Deep Dive
@allan.g speaks with @Static121 about how the FLI series lets you leverage a collateralized debt position in a safe and efficient way, by abstracting its management into a simple index, reproducible by a fully-collateralized ERC20 token built on Set Protocol.
Be sure to Watch, Like, Subscribe, Comment on our YouTube channel’s videos
iETH-FLI-P - Inverse ETH Flexible Leverage Index
Just like other FLI tokens, iETH-FLI-P is a structured product in ERC-20 format that enables traders to automate leveraged exposure in a completely decentralized manner. However, inverse FLI tokens target a short -1x exposure to the underlying asset, with a flexible leverage ratio for optimal rebalancing outcomes.
What’s new and in which direction is Index Coop heading over the upcoming week.
Nest Proposals Moving Closer Towards Approval
Season 1 is in full swing and so are the Nest proposals. These documents outline the aims and objectives of each Nest and how they will help Index Coop move closer to fulfilling our vision. For more details check them out below.
Improving the Contributor Rewards Process
As Index Coop evolves, we will continually iterate, improve and strive to redefine best practices of our contributor rewards process. Providing the best guidance and utilizing the most suitable tools where possible. The community shall have a fair, transparent and decentralized process for determining, distributing, and managing contributor rewards.
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.
Flyin’ High at ETHDenver
While not all the Owls will be in attendance, a good number of Index Coop contributors are in the Mile High City and surrounding slopes over the next couple of weeks.
@LemonadeAlpha @anthonyb.eth @Pepperoni_Joe @mel.eth @MrMadila took to the stage together on Thursday for Index Coop: Building a Decentralized Asset Management Giant . Along with a look back at the beginnings of Index Coop, this session provided some details about our products, culture, Q&A and a chance to mingle with the greater ETH community.
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.
Talent Needs Reach out to @bradwmorris with Community Nest for helping fill gaps in your Pod/Nest
Impression Mining - Learn more about how your product-related Social, Blog, and Video posts can earn you $INDEX rewards. Learn more about the program
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.
Working in Web3 - The Handbook - Scott Sunarto