Hey @LONGnostradamus
Thanks as always for the contribution. The vast majority of Index Coop’s cost base and expenses are in stable fiat currencies. I appreciate what you are saying above but generally speaking many of us do not believe in holding volatile risk assets on the books as they are obvs correlated with the market. This would mean the value of the treasury going down during bear markets when we need as much capital as possible to survive. Further more much of our current revenue and therefore future “cash flow” is already highly correlated with ETH/crypto.
Lastly, our business model is to concentrate on making the leading, on-chain, decentralised , structured products. Trying to trade/time markets with our capital could be compared to a business losing focus on hedge fund like activities.
Thanks