# The sCoop - Contributor Newsletter - 2021.08.12 Thursday

**URL:** <https://gov.indexcoop.com/t/the-scoop-contributor-newsletter-2021-08-12-thursday/2366>\
**Category:** sCoop\
**Created:** [12 August 2021 21:07 UTC](https://gov.indexcoop.com/t/the-scoop-contributor-newsletter-2021-08-12-thursday/2366 "2021-08-12T21:07:48Z")\
**Posts on this page:** 4\
**Page:** 1

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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:** [12 August 2021 21:07 UTC](https://gov.indexcoop.com/t/the-scoop-contributor-newsletter-2021-08-12-thursday/2366/1 "2021-08-12T21:07:48Z")

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**The sCoop has started a Twitter account!** For those that would like to receive a notification the moment the latest issue drops: Follow [@HOWweDAO](https://twitter.com/howwedao) - from the account profile, tap the _notification_ icon, and choose: _All Tweets_ . You’ll need push notifications enabled for Twitter as well. - Hoot!

**The sCoop**  
_Fresh Owlpha, curated daily._  
[previous issue](https://gov.indexcoop.com/t/the-scoop-contributor-newsletter-2021-08-11-wednesday/2351)

**Super special shout-out today to The Index Coop’s newest Full Time Hire: Smart Contract Engineer @ncitron!**

_Today the Creative Design WG and Growth WGs met, and @Crypto_Texan hosted a great Conversation with the Coop, featuring [Leo Cheng](https://twitter.com/leokcheng) of [CREAM Finance](https://cream.finance/); [spotify](https://open.spotify.com/show/0v5veLRT0acyTpnq7I9YtL?si=3RKJtrkUS_W8HCxZLEXuew&dl_branch=1&nd=1) and [substack](https://indexcoop.substack.com/) audio will be available shortly, but you can go subscribe now. Given no WG meetings on **DeFridays (2PM ET, check discord and twitter for updates)**, we’ll pick it back up next week - don’t DAO too hard this weekend!_

**Calls to Action:**

- [IIP-62](https://snapshot.org/#/index-coop.eth/proposal/QmZ4wifjaELSWL55xqW2PmkYuq1iP1bRYtnSeZixQeomMp) for liquidity mining on Polygon is still under quorum - **PLEASE GO VOTE!** ;
- @caf is assembling a list of media outlets for coordination of press releases; if you have contacts at established tradfi or crypto-native news outlets, please reach out to @caf to discuss;
- If you know of a good resource for merging analytics and design please reach out to @0x_Dev; and,
- Head over to the forum and give your feedback on two new product proposals from our very own Automated Indices Pod: [LINK2x](https://gov.indexcoop.com/t/iip-xx-launch-a-link2x-leveraged-product/2361) and [MATIC2x](https://gov.indexcoop.com/t/iip-xx-launch-a-matic2x-leveraged-product/2362).

**CDWG** (11 attendees)  
[slides](https://docs.google.com/presentation/d/1il1TZAtCPMxvMjfWGZPYgl1Jke2d2bFbZ8CPXI1LMJs/edit#slide=id.g9ee2023cb3_0_0)  
The website build is progressing to plan, and the CDWG-managed [Insta](https://www.instagram.com/indexcoop/?hl=en) and [Twitter](https://twitter.com/indexcoop) accounts (¡Including the spanish account!) have been featuring some [pretty slick graphics](https://twitter.com/indexcoopES/status/1425419823027310594?s=20) of late. The team has started ideating an organization-wide calendar of events that answers the question, “What is The Coop up to this month?” And CDWG reminds those needing non-core design resources that there will likely be a need for co-financing of initiatives. Other than that, this well oiled creativity machine is busy “templatizing everything”, so if you have any design requests please use [notion](https://www.notion.so/Creative-Design-WG-317befe4e4de4e01bdc61e216dc633be).

**GWG** (17 attendees)  
[slides](https://docs.google.com/presentation/d/17gU7hZ_nUFCzBbkbEW-OhUYCxItD5F_W58GXLJ2-GEQ/edit?authuser=5#slide=id.ge95c9886ea_0_12)  
Index Coop product growth was strong this week with address exposure up 2.3% on the week (implied annual of over 300%!) and net sales of $23MM on the week. @MrMadila took the class on a visual journey though the interplay of unit-supply and AUM, and huge shout to @Matthew_Graham on the $10MM [FEI $DPI buy](https://tribe.fei.money/t/proposal-buying-defi-pulse-index-dpi/3348) that occurred; **unincentivized AUM is over $300MM for the first time**!

In organizational growth, under the APAC Expansion vertical, big shout to @tudou who ran a New Joiner call in Mandarin with 60 attendees. In other news there was some discussion of shifting paid promotions from the current full-press on $DPI to some other assets (nothing attracts success like success, amiright over there $MVI?).

Finally, something that caught my attention was a comment by @Financial-Freedom during the Persona presentation (happens every week - a focus on actual investor-types based on interviews - worth tuning in for) - essentially saying that our current methodology model is based on attracting methodologists, but there may soon be a shift to letting investor appetite dictate the methodology and IC seeking out the methodologist - interesting stuff.

**Governance / Meta-Governance / Contributor Polls**  
([FOR]:[AGAINST] - [QUORUM STATUS] - [END TIME UTC]/[RESULT%])

**Active:**

- [IIP-62 - DPI:ETH Liquidity Mining on Polygon](https://snapshot.org/#/index-coop.eth/proposal/QmZ4wifjaELSWL55xqW2PmkYuq1iP1bRYtnSeZixQeomMp)  
87k:10k - **Below Quorum** - Ends: Aug 13, 2021 23:00
- [Decision Gate 1: Launching the Robot Index (iRobot)](https://snapshot.org/#/index-coop.eth/proposal/QmRGG1FYYmoDufRCGAHnGpmB98GTFdWThsmzZ3w4aWdmAd)  
60k:2k - No Quorum Requirement - Ends: Aug 13, 2021, 18:00
- [[COMPOUND-56]](https://snapshot.org/#/index-coop.eth/proposal/QmXYWFbY4YsyRffdHB5JSL3KbgjWJPQ3J34LwVRxo2LGLL)  
123k:\<1k - Quorum Achieved - Ends: Aug13, 2021, 17:01

**Results:**

- [IIP-57: Launching iETH-FLI - The Ethereum Inverse Flexible Index](https://snapshot.org/#/index-coop.eth/proposal/QmcFwGZmzTVR1wG548EDmm2jFDSdCeX6YeDqCgwYwjS9Fh)  
203k:4k - Quorum Achieved - Result: FOR
- [IIP-66: Smart Contract Engineer Offer - Full Time offer](https://snapshot.org/#/index-coop.eth/proposal/QmUCRe5pNsTen7iVQMwKKGbW16dMGYirSvZMQ4fzmBVYaN)  
113k:0k - Quorum Achieved - Result: FOR ( **CONGRATS AGAIN** @ncitron!)
- [IIP-68: Delegate Aave to EOA Address](https://snapshot.org/#/index-coop.eth/proposal/QmZscyNmGiqsmKQE8uiRAZ7ZnoomkapXqukBv16H1JgiU9)  
118k:0k - Quorum Achieved - Result: FOR
- [IIP-69: Update Funding Council Wallet Signers](https://snapshot.org/#/index-coop.eth/proposal/QmY3C7qUtdm14ZCivHzRWDzw3UduUgxKmQdJ9iTe4ewCXX)  
112k:0k - Quorum Achieved - Result: FOR
- [IIP-70: Create a Stablecoin Reserve Within the Operations Account](https://snapshot.org/#/index-coop.eth/proposal/QmWwUL42vgm4qqbD61bUAX54qpmaWmPujtcMtndS54ffxt)  
107k:0k - Quorum Achieved - Result: FOR
- [IIP-67: Delegate UNI to Flipside for Community-Enabled Analytics](https://snapshot.org/#/index-coop.eth/proposal/QmPUPcwTsPqjiCoJZRQzMgArN7rfMRKjbMvMnd4XMJhajz)  
120k:66k - Quorum Achieved - Result: FOR

**Monday Meetings:** (UTC/1-hr, UON)  
[1600](https://meet.google.com/wnu-unrs-atp) - Weekly Planning  
[2000](https://meet.google.com/gjq-prfn-tut) - Product WG

**Daily DAOwlpha:** @TheYoungCrews mentioned in the GWG call that there’s a great 20 minute [YouTube video on play-to-earn](https://www.youtube.com/watch?v=Yo-BrASMHU4) and Axie Infinity in the Philippines. “It’s a social network, it’s a job, an educational platform where people can learn new skills, and it’s literally lifting people out of poverty.”

Hoot!  
- @mel.eth

_This newsletter is evolving; constructive feedback appreciated. If you would like to receive this daily when it drops (typically 6pm EDT, Monday through Thursday), follow and enable notifications for the The sCoop Twitter account [@HOWweDAO](https://twitter.com/howwedao)!_

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**Author:** ![0x\_Dev](https://yyz1.discourse-cdn.com/flex027/user_avatar/gov.indexcoop.com/0x_dev/32/3906_2.png) [@0x\_Dev](https://gov.indexcoop.com/u/0x_Dev)\
**Post date:** [12 August 2021 21:15 UTC](https://gov.indexcoop.com/t/the-scoop-contributor-newsletter-2021-08-12-thursday/2366/2 "2021-08-12T21:15:14Z")

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Great sCoop @mel.eth !

One little one: by DOC above I think you mean @Financial-Freedom.

🙏

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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:** [12 August 2021 21:18 UTC](https://gov.indexcoop.com/t/the-scoop-contributor-newsletter-2021-08-12-thursday/2366/3 "2021-08-12T21:18:39Z")

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Not the first time I’ve made that mistake, hopefully the last, thanks @0x_Dev ! 🦉

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**Author:** ![pujimak\_in](https://yyz1.discourse-cdn.com/flex027/user_avatar/gov.indexcoop.com/pujimak_in/32/1921_2.png) [@pujimak\_in](https://gov.indexcoop.com/u/pujimak_in)\
**Post date:** [12 August 2021 22:28 UTC](https://gov.indexcoop.com/t/the-scoop-contributor-newsletter-2021-08-12-thursday/2366/4 "2021-08-12T22:28:18Z")

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Cc @Tudou for the shoutout!!!