# \*\*\[Under Revision\]\*\* - Creation of Polygon 10 Index (P10)
**URL:** https://gov.indexcoop.com/t/under-revision-creation-of-polygon-10-index-p10/2125
**Category:** Products
**Tags:** in-development
**Created:** [28 July 2021 13:22 UTC](https://gov.indexcoop.com/t/under-revision-creation-of-polygon-10-index-p10/2125 "2021-07-28T13:22:16Z")
**Posts on this page:** 20
**Page:** 2
### Author:  [@scott\_lew\_is](https://gov.indexcoop.com/u/scott_lew_is)
#### Post date: [29 July 2021 19:58 UTC](https://gov.indexcoop.com/t/under-revision-creation-of-polygon-10-index-p10/2125/21 "2021-07-29T19:58:50Z")
is today april 1st?
is today april 1st?
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### Author:  [@Philips\_Swaroski](https://gov.indexcoop.com/u/Philips_Swaroski)
#### Post date: [29 July 2021 20:21 UTC](https://gov.indexcoop.com/t/under-revision-creation-of-polygon-10-index-p10/2125/22 "2021-07-29T20:21:55Z")
Great News, it seems that **Unilend Finance** is follows the **MATIC** journey. Many Congratulation to the whole team of **UniLend**.
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### Author:  [@Metfanmike](https://gov.indexcoop.com/u/Metfanmike)
#### Post date: [29 July 2021 20:44 UTC](https://gov.indexcoop.com/t/under-revision-creation-of-polygon-10-index-p10/2125/23 "2021-07-29T20:44:27Z")
Piling on the positive support here, but I love this proposal and am proud of the work @Mringz and @oneski22 have done on the Coop’s side to get it to this point - excited for the next steps and to bring on another methodologist to the broader Coop community!
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### Author:  [@ArtCore](https://gov.indexcoop.com/u/ArtCore)
#### Post date: [30 July 2021 07:11 UTC](https://gov.indexcoop.com/t/under-revision-creation-of-polygon-10-index-p10/2125/24 "2021-07-30T07:11:58Z")
So nice to see Index Coop going forward with a strong projects hand in hand! Definitely support this great moves! Keep it going that way guys! 💪
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### Author:  [@Mringz](https://gov.indexcoop.com/u/Mringz)
#### Post date: [30 July 2021 07:46 UTC](https://gov.indexcoop.com/t/under-revision-creation-of-polygon-10-index-p10/2125/25 "2021-07-30T07:46:09Z")
> [@bakamoto](#):
>
> Makes sense! From an investors perspective though, if I’m Bullish on Polygon as an ecosystem, wouldn’t I want exposure to the tokens doing the greatest activity on the Polygon network, rather than just what’s natively built there?
Hey, @bakamoto @catjam you both make a good points. I will definitely review what you are thinking and see what can be done. A couple of things in my mind when I think about this. When we launch this Index we do want it to be natively launched on Polygon through Set Protocol so all the liquidity will have to come from that eco-system. So I will have to see if sufficient liquidity is available to make the inclusions you mentioned. Also will have to reduce the allocation cap to 10%-15% and increase the number of projects as the intention is to include more polygon projects and projects that are expanding to polygon. I will look at AAVE, SUSHI & BAL. I am welcome to any more suggestions on that front as well.
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### Author:  [@Mringz](https://gov.indexcoop.com/u/Mringz)
#### Post date: [30 July 2021 07:51 UTC](https://gov.indexcoop.com/t/under-revision-creation-of-polygon-10-index-p10/2125/26 "2021-07-30T07:51:48Z")
> [@catjam](#):
>
> Wondering what specifically the limitations are in the feature set? It sounds like rebalancing would be a manual process – and I’m wondering what else might come up here from the engineering side!
A key point you bring up here. We have had initial engagements with Set and we will be having further engagements as we take in feedback from this post. I think it is important that we do explore this index to explore the possibilities of Polygon, if we can get this right it opens up more opportunities as polygon network has benefits with gas and speed we can take advantage of. Would love to see some FLI products built out on Polygon and I believe this is the first step in the journey to get there.
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### Author:  [@Mringz](https://gov.indexcoop.com/u/Mringz)
#### Post date: [30 July 2021 08:06 UTC](https://gov.indexcoop.com/t/under-revision-creation-of-polygon-10-index-p10/2125/27 "2021-07-30T08:06:28Z")
Hey @raphaelsignal @qlx . Thank you for your feedback.
> [@raphaelsignal](#):
>
> **First, whether we should include MATIC**. If the purpose of the index is to have a single asset which captures exposure to Polygon ecosystem, it seems MATIC should be included. If we do, I suggest fixing the weight to 10%-15% - otherwise it will dominate allocation by market weight.
>
> I believe the strongest counter argument would be it is relatively easy to add MATIC in addition to this asset. Strongest pro argument IMO is adding MATIC transforms the product to a single click “easy button” for Polygon exposure and makes it more comprehensive.
I support your point to add Matic to the Index. I will make that point to the Polygon team. And push to revise the Index with Matic included.
> [@raphaelsignal](#):
>
> **Second** , I echo the need for clarity on criteria - especially around why some major protocols are excluded. I’d like to suggest **metric based filters around Polygon primacy**. This can take the form of some threshold a protocol must pass, such as 70% or more of total active users must come from Polygon.
Noted, will take your points and revise the criteria appropriately.
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### Author:  [@DAD](https://gov.indexcoop.com/u/DAD)
#### Post date: [30 July 2021 08:56 UTC](https://gov.indexcoop.com/t/under-revision-creation-of-polygon-10-index-p10/2125/28 "2021-07-30T08:56:08Z")
Glad to see $TEL as one of the heavy weights for this Polygon Defi Index
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### Author:  [@crekto](https://gov.indexcoop.com/u/crekto)
#### Post date: [30 July 2021 13:29 UTC](https://gov.indexcoop.com/t/under-revision-creation-of-polygon-10-index-p10/2125/29 "2021-07-30T13:29:09Z")
It’s amazing that 19% of this is calculated based on $GHST. When it comes to Polygon, Aavegotchi is truly one of the most innovative projects that combine DeFi and NFT together to gamify finance!
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### Author:  [@Polyhands1](https://gov.indexcoop.com/u/Polyhands1)
#### Post date: [30 July 2021 17:12 UTC](https://gov.indexcoop.com/t/under-revision-creation-of-polygon-10-index-p10/2125/30 "2021-07-30T17:12:59Z")
SportX is only on Polygon. They were on Ethereum originally and moved to Polygon nearly a year ago. One of the first dapps to make the switch.
DFYN is only on Polygon at the moment, but plans for multichain.
And don’t know about Telcoin or Unilend.
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### Author:  [@JWill8](https://gov.indexcoop.com/u/JWill8)
#### Post date: [30 July 2021 17:17 UTC](https://gov.indexcoop.com/t/under-revision-creation-of-polygon-10-index-p10/2125/31 "2021-07-30T17:17:53Z")
This looks awesome! Excited to see it launch!
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### Author:  [@Polyhands1](https://gov.indexcoop.com/u/Polyhands1)
#### Post date: [30 July 2021 17:18 UTC](https://gov.indexcoop.com/t/under-revision-creation-of-polygon-10-index-p10/2125/32 "2021-07-30T17:18:34Z")
I am pretty happy with this allocation, quick thoughts on each project and a couple thoughts:
- Reduce QuickSwap slightly as the team doesn’t seem as committed to improving tech as much as competitors.
- DFYN seems like a good buy at the levels, happy with allocation
- Aavegotchi seems high, but I am not big on NFTs so am biased to want to reduce.
- Cometh at 2.35% seems reasonable for a long shot small cap
- Adamant is impressive team and would be happy with them up to 10%
- Decentral games at 9.7% seems fair.
- SportX has big treasury and most consistent tech improvements, would not mind to see them near 15%
- Telcoin is multi chain, think 15% would be fair.
- Qi DAO is a strong project, would be happy increasing their allocation
- UniLend seems fine as only lending proposal.
- Would considering adding DINO as well.
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### Author:  [@bobe](https://gov.indexcoop.com/u/bobe)
#### Post date: [30 July 2021 18:28 UTC](https://gov.indexcoop.com/t/under-revision-creation-of-polygon-10-index-p10/2125/33 "2021-07-30T18:28:43Z")
I like this proposal and think it could be very promising. Off the top of my head I like how its pretty broad range and captures alot of the various sectors. I would push for a larger SportX allocation as it is the project that has alot of increasing organic network activity and they were one of the first projects to launch on Polygon in January I believe.
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### Author:  [@Western](https://gov.indexcoop.com/u/Western)
#### Post date: [30 July 2021 21:09 UTC](https://gov.indexcoop.com/t/under-revision-creation-of-polygon-10-index-p10/2125/34 "2021-07-30T21:09:51Z")
Love the composition of this index. I’ll definitely be getting involved. I’d maybe prefer a slightly smaller allocation towards Quickswap and Aavegotchi but there are some quality projects in the basket which will perform well regardless of slight weight changes.
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### Author:  [@bakamoto](https://gov.indexcoop.com/u/bakamoto)
#### Post date: [31 July 2021 01:16 UTC](https://gov.indexcoop.com/t/under-revision-creation-of-polygon-10-index-p10/2125/35 "2021-07-31T01:16:14Z")
Awesome! There’s plenty of liquidity for the BAL token available via the Balancer exchange on Polygon: [Balancer](https://polygon.balancer.fi/#/)
If the amount there already is insufficient, let me know and I’ll see what Balancer can do about growing BAL liquidity on Polygon further.
I don’t know about AAVE/SUSHI, Balancer has some liquidity for AAVE though, I believe there’s also a fair amount on other exchanges.
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### Author:  [@dinhvietthanh1993](https://gov.indexcoop.com/u/dinhvietthanh1993)
#### Post date: [31 July 2021 10:57 UTC](https://gov.indexcoop.com/t/under-revision-creation-of-polygon-10-index-p10/2125/36 "2021-07-31T10:57:42Z")
i love how every single Aavegotchi was made , simple and adorable ! 🥰
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### Author:  [@antrantsbd](https://gov.indexcoop.com/u/antrantsbd)
#### Post date: [31 July 2021 11:27 UTC](https://gov.indexcoop.com/t/under-revision-creation-of-polygon-10-index-p10/2125/37 "2021-07-31T11:27:19Z")
Aavegotchi is an innovation project which is developing an eco system. It combines Defi and NFT. Therefore, user can join yield farming and make long tern profit. In additional, I love Aavegotchi as 8bit game. It makes different from other one.
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### Author:  [@soul031995](https://gov.indexcoop.com/u/soul031995)
#### Post date: [31 July 2021 12:05 UTC](https://gov.indexcoop.com/t/under-revision-creation-of-polygon-10-index-p10/2125/38 "2021-07-31T12:05:27Z")
i love aavegotchi. it combines defi and NFT, it’s attractive us. Hope Dao aavegotchi grow up.
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### Author:  [@bunbogionac](https://gov.indexcoop.com/u/bunbogionac)
#### Post date: [31 July 2021 12:06 UTC](https://gov.indexcoop.com/t/under-revision-creation-of-polygon-10-index-p10/2125/39 "2021-07-31T12:06:57Z")
What do you think about a pocket bank? Beside of keeping your coin, you can earn interest everyday and also interact with it. Obviously, Just bought an Aavegotchi and explore its flippin metaverse.
#gotchigang
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### Author:  [@pgendreau](https://gov.indexcoop.com/u/pgendreau)
#### Post date: [31 July 2021 13:22 UTC](https://gov.indexcoop.com/t/under-revision-creation-of-polygon-10-index-p10/2125/40 "2021-07-31T13:22:23Z")
So good to see polygon ecosystem get the recognition it deserve. Very happy that GHST is well represented in the allocation 🙂 I’d buy this index for sure
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