Cook Improvement Proposal #12
CIP # 12
Title: Ethereum Ecosystem Index on Avalanche
Discussion link: https://gov.cook.finance/t/avalanche-data-and-iot-index/
To add an index composed by some of the best Ethereum ecosystem tokens
Currently only Native Avalanche project tokens are available on Cook such as the Avalanche Ecosystem Index. But nothing exists outside of the Avalanche ecosystem in terms of project tokens
To create an index composed by tokens of protocols originated from the Ethereum chain.
It’s always good to diversify your portfolio. Providing an Ethereum Ecosystem exposure index gives Cook Avalanche users an option to diversify crypto investments.
To request that the Cook core team implement an Ethereum ecosystem exposure index. The components should be WETH.e, LINK.e, AAVE.e, CRV.e, WOO.e, ALPHA.e. SPELL, and the allocation should be based on market cap with 25% cap as allocation limit.