Avalanche Data and IoT Index

Cook Product
#1

I’ll preface by saying that I am unsure if this is the proper avenue for submitting this type of request.
However, I believe that Cook should introduce an Avalanche based Data and IoT Index, similar to Index Coop’s Data Economy Index.

It would be a great way to get exposure to data & IoT-based projects, and would simultaneously keep fees low.

There aren’t bridged tokens available for all of the underlying tokens in Index Coop’s Data Economy Index, but there are these available:

Chainlink (LINK.e):

*Contract Address: 0x5947BB275c521040051D82396192181b413227A3

The Graph (GRT.e):

  • Contract Address: 0x8a0cac13c7da965a312f08ea4229c37869e85cb9

Basic Attention Token (BAT.e):

  • Contract Address: 0x98443b96ea4b0858fdf3219cd13e98c7a4690588

Weble Ecosystem Token (WET):

It wouldn’t necessarily have to be these tokens, and I’m sure someone else will have better input on what could be included. I would just like to see Cook thrive, as I don’t see anyone else putting up Avalanche Indexes like this.

1 Like
#2

This is a great idea. I think currently there is not index on Cook Platform on Avalanche can let investors get exposed to some supreme projects originated from eth. My opinion is, to extend what Jason’s index suggestion to even include

Curve DAO Token (Curve.e)

  • 0x249848beca43ac405b8102ec90dd5f22ca513c06

Aave Token (Aave.e)

  • 0x63a72806098bd3d9520cc43356dd78afe5d386d9

Spell Token (Spell)

  • 0xce1bffbd5374dac86a2893119683f4911a2f7814

Alpha Token (Alpha.e)

  • 0x2147efff675e4a4ee1c2f918d181cdbd7a8e208f

In this way, user on avalanche chain now can allocate investment to these supreme projects coming from eth, hence increase investor’s portfolio. That’s always good to have more options and diversification.

1 Like
#3

I’m really liking this idea. Maybe it should be just the bridged tokens that have sufficient supply and DEX liquidity? Then it could be an ETH exposure index.

** Edit (Adding info from Avalanche Bridge):

Uniswap Token (UNI.e):

  • Contract Address: 0x8eBAf22B6F053dFFeaf46f4Dd9eFA95D89ba8580
  • uniswap.org
  • Bridged Market Cap: $228,498
  • CoinMarketCap Rank: #19
  • CoinGecko Rank: #26
  • Market Cap: $10,009,448,447
  • Fully Diluted Market Cap: $15,939,770,116

Chainlink Token (LINK.e):

  • Contract Address: 0x5947BB275c521040051D82396192181b413227A3
  • chain.link
  • Bridged Market Cap: $255,740,000
  • CoinMarketCap Rank: #21
  • CoinGecko Rank: #19
  • Market Cap: $9,068,985,886
  • Fully Diluted Market Cap: $19,373,936,856

Graph Token (GRT.e):

  • Contract Address: 0x8a0cac13c7da965a312f08ea4229c37869e85cb9
  • thegraph.com
  • Bridged Market Cap: $24,954
  • CoinMarketCap Rank: #51
  • CoinGecko Rank: #54
  • Market Cap: $2,842,870,133
  • Fully Diluted Market Cap: $6,062,866,133

Aave Token (AAVE.e):

  • Contract Address: 0x63a72806098Bd3D9520cC43356dD78afe5D386D9
  • aave.com
  • Bridged Market Cap: $46,100,000
  • CoinMarketCap Rank: #56
  • CoinGecko Rank: #59
  • Market Cap: $2,620,164,245
  • Fully Diluted Market Cap: $3,121,127,192

Curve DAO Token (CRV.e):

  • Contract Address: 0x249848BeCA43aC405b8102Ec90Dd5F22CA513c06
  • curve.fi
  • Bridged Market Cap: $35,682
  • CoinMarketCap Rank: #66
  • CoinGecko Rank: #82
  • Market Cap: $1,929,476,125
  • Fully Diluted Market Cap: $14,578,085,928

Basic Attention Token (BAT.e):

  • Contract Address: 0x98443b96ea4b0858fdf3219cd13e98c7a4690588
  • basicattentiontoken.org
  • Bridged Market Cap: $23,073
  • CoinMarketCap Rank: #71
  • CoinGecko Rank: #80
  • Market Cap: $1,781,685,129
  • Fully Diluted Market Cap: $1,789,770,766

Yearn Finance Token (YFI.e):

  • Contract Address: 0x9eAaC1B23d935365bD7b542Fe22cEEe2922f52dc
  • yearn.finance
  • Bridged Market Cap: $62,958
  • CoinMarketCap Rank: #84
  • CoinGecko Rank: #101
  • Market Cap: $1,154,521,337
  • Fully Diluted Market Cap: $1,155,417,328

Sushi Token (SUSHI.e):

  • Contract Address: 0x37B608519F91f70F2EeB0e5Ed9AF4061722e4F76
  • sushi.com
  • Bridged Market Cap: $392,456
  • CoinMarketCap Rank: #114
  • CoinGecko Rank: #103
  • Market Cap: $704,230,417
  • Fully Diluted Market Cap: $1,383,617,235

Wootrade Network Token (WOO.e)

  • Contract Address: 0xaBC9547B534519fF73921b1FBA6E672b5f58D083
  • wootrade.org
  • Bridged Market Cap:
  • CoinMarketCap Rank: #150
  • CoinGecko Rank: #150
  • Market Cap: $413,476,529
  • Fully Diluted Market Cap: $2,160,039,195

Alpha Token (ALPHA.e):

  • Contract Address: 0x2147EFFF675e4A4eE1C2f918d181cDBd7a8E208f
  • alphafinance.io
  • Bridged Market Cap: $13,803,000
  • CoinMarketCap Rank: #172
  • CoinGecko Rank: #225
  • Market Cap: $304,386,824
  • Fully Diluted Market Cap: $681,951,552
#4

Thanks for consolidating all the info for eth originated projects. I’m checking the liquidity on those bridged tokens since those tokens are sourced from DEX during index token issuance.

Uniswap Token (UNI.e):

  • I don’t find UNI.e on trader joe nor pangolin

Chainlink Token (LINK.e):

  • Around 16M on Trader Joe, which is pretty goo

Graph Token (GRT.e):

  • < 10k Liquidity on trader joe and pangolin, which isn’t good either.

Aave Token (AAVE.e):

  • around 1.4M liquidity on Pangolin, which is ok

Curve DAO Token (CRV.e):

  • 580k liquidity on Trader Joe, which is ok too

Basic Attention Token (BAT.e):

  • < 1k Liquidity pretty small on trader joe and pangolin

Yearn Finance Token (YFI.e):

  • < 1k Liquidity pretty small on trader joe and pangolin

Sushi Token (SUSHI.e):

  • Around 50K liquidity on Pangolin, which ins’t good

Wootrade Network Token (WOO.e)

  • around 400k liquidity on trader joe, which is ok?

Alpha Token (ALPHA.e):

  • around 800k liquidity on trader joe, which is good too.

Based on liquidity on DEX on Avalanche, I think only
LINK.e, AAVE.e, CRV.e, WOO.e, ALPHA.e compose an eth exposure index.

1 Like
#5

So, what would be the next step for something like this?
Someone would need 5m COOK in order to submit a proposal, is that correct?

#6

I don’t think proposal needs 5m Cook, anyone can propose, it’s voting requires cook holding.

#7

For me Snapshot shows a warning of “You need to have a minimum of 5m COOK in order to submit a proposal” and the “Publish” button is grayed out.