Dan Romero pfp
Dan Romero
@dwr.eth
Why isn't there a better cross chain memecoin index "fund" onchain? iirc, this company has been around for a while indexcoop.com
20 replies
49 recasts
249 reactions
Giuliano Giacaglia pfp
Giuliano Giacaglia
@giu
There should be a Farcaster ecosystem index…
1 reply
0 recast
0 reaction
MJC pfp
MJC
@mjc716
indexes for volatile assets are hard+expensive to manage, so they end up being bad products
0 reply
0 recast
14 reactions
Zach pfp
Zach
@zd
cc @gaut - this is what I was texting you about Would be cool to have a “build your own tokenized index” Even better if cross-chain
0 reply
0 recast
13 reactions
nir.eth 🌿🟣🐦☁️ pfp
nir.eth 🌿🟣🐦☁️
@nir
Has been tried, didn’t work. No liquidity
0 reply
0 recast
9 reactions
kugusha 🦋 pfp
kugusha 🦋
@kugusha.eth
Summoning @reserve team here
0 reply
0 recast
4 reactions
Alex pfp
Alex
@alex-gedevani
think still a bit early for most onchain index funds to work given the cyclicality of most coins. there's an asset rotation every other week. long term it can be pretty interesting
0 reply
0 recast
1 reaction
Alex Palmer pfp
Alex Palmer
@thatalexpalmer.eth
This company and also https://alongside.xyz Multi-token vaults have also existed for a fairly long time. Crosschain vaults too. I’m still wondering if it’s a pmf issue or a marketing issue.
1 reply
0 recast
5 reactions
wijuwiju.eth (mopzy.eth) pfp
wijuwiju.eth (mopzy.eth)
@wijuwiju.eth
cause you can just buy some ETH
0 reply
1 recast
2 reactions
matthewb.eth pfp
matthewb.eth
@matthewb
no brainer imo always harder to manage an index of volatile assets but seems possible for large cap memes that have similar downside to majors e.g. see PEPE vs. ETH during the August drawdown
0 reply
0 recast
0 reaction
max ↑🎩 pfp
max ↑🎩
@baseddesigner.eth
there have been multiple attempts at doing indexes for tokens coming out of farcaster none of them worked but some of them are still around like pHAM
0 reply
0 recast
0 reaction
Carlos pfp
Carlos
@carlos
Regulation + sustainability. We worked with them back in '21 to launch a social tokens index, but it got delayed at the last minute. This might be a good time to revisit. https://snapshot.org/#/index-coop.eth/proposal/0x0b38edf1531070d6032692d695d37fea2569f69fe1375266b4beb31d6e9d0487
0 reply
0 recast
0 reaction
Tayyab - d/acc pfp
Tayyab - d/acc
@tayyab
I thought people avoided it because it was treated as a security under the previous regime to do “index funds”?
0 reply
0 recast
0 reaction
trenchgod 🪖 pfp
trenchgod 🪖
@trenchgod.eth
$PHAM is based https://x.com/jessepollak/status/1794814468368761107
0 reply
0 recast
1 reaction
Erick pfp
Erick
@erickpinos
At least with Index, I remember one of the main reasons was the gas fees Each ETH deposit into an Index set split across 10+ tokens required 10+ Uniswap calls, feeds added up very quickly Now would be better, just need enough liquidity in the underlying pools
0 reply
0 recast
1 reaction
Paincake pfp
Paincake
@paincake
Lest play
0 reply
0 recast
0 reaction
Mathieu pfp
Mathieu
@mathieuw
can't trade in the US
0 reply
0 recast
0 reaction
↑ antaur ツ pfp
↑ antaur ツ
@antaur.eth
why isn't there a farcaster big 5 meme coin index fund with auto-balancing? 1. degen 2. higher 3. clanker 4. anon 5. ??? @velvet-capital I'd DCA into that every week!
0 reply
0 recast
0 reaction
Wilie.Eth pfp
Wilie.Eth
@wilieeth
There should be a Farcaster ecosystem index…
0 reply
0 recast
0 reaction
jasonmeinzer.eth 🎩↑ pfp
jasonmeinzer.eth 🎩↑
@jasonmeinzer
Experimenting with synthetics at memeticindex.com that also aim to leverage the perpetual 0.4% LP rewards as distros to top holders
0 reply
0 recast
0 reaction