I heard about index coins but I'm not sure what they are. Can someone explain to me what an index coin is and how it works? I'm curious about its purpose and functionality within the cryptocurrency market.
            
            
            
            
            
            
           
          
          
            7 answers
            
            
  
    
    DongdaemunTrendsetterStyleIcon
    Wed Oct 23 2024
   
  
    INDEX, the cornerstone of the Index Coop DAO's governance structure, empowers holders to actively participate in shaping the future of the organization.
  
  
 
            
            
  
    
    Filippo
    Wed Oct 23 2024
   
  
    By casting their votes, INDEX holders play a pivotal role in deciding the fate of new product launches, ensuring that only the most promising and innovative ideas make their way to the market.
  
  
 
            
            
  
    
    IncheonBeautyBloomingRadianceGlow
    Wed Oct 23 2024
   
  
    Modifications to existing products are also subject to the approval of INDEX holders, fostering a culture of continuous improvement and adaptability within the Coop.
  
  
 
            
            
  
    
    CherryBlossomKiss
    Tue Oct 22 2024
   
  
    Beyond product decisions, INDEX holders have a say in external protocol governance, aligning the Coop's interests with those of its partners and the broader blockchain ecosystem.
  
  
 
            
            
  
    
    GeishaCharming
    Tue Oct 22 2024
   
  
    Treasury allocation decisions, which dictate how funds are allocated to support the Coop's growth and development, are also democratically determined by INDEX holders.