About a year ago, I started making content about projects that interested me (mostly @reserveprotocol). Sometimes I get paid for this, sometimes not. For those who want to contribute to ongoing efforts ➡️ dollarquestion.eth & dollarquestion.sol. Superthread of vids so far 👇
@MarioNawfal Perhaps there could be an onchain basket of the most critical assets and that would be the most stable universal money. Perhaps the basket could adapt dynamically in a decentralized way. Perhaps there is a protocol this could be built on. Perhaps… @reserveprotocol
🚨 $RSR community - we put together a quick survey to help prioritize the growth levers you think will be most effective.
Takes less than 2 minutes, link below ⬇️
@akshaybd Infra for this exact concept onchain has been built by @reserveprotocol. You could reach out and deploy now. It will be also permissionless at some point.
@akshaybd Infra for this exact concept onchain has been built by @reserveprotocol. You could reach out and deploy now. It will be also permissionless at some point.
Just launched $ZINDEX, the S&P 500 of @Zora.
One token that actually holds the top creator coins under the hood. Weighted by market cap, rebalanced regularly.
Powered by @reserveprotocol. Here’s how it works.
Problem:
The hardest part of creator coins isn’t access, it’s choosing. Choosing who to buy, when to buy, when to sell, and constantly rotating as narratives change.
Solution:
$ZINDEX removes that entire decision loop. It’s an onchain index token that owns the underlying Zora creator coins, packaged into a single token. Instead of buying and selling individual creators, you own the basket itself.
Note that this is different than other "indexes" that are essentially just trackers. By holding $ZINDEX, you actually own the underlying assets.
Weights:
Weights are set by a transparent square-root market cap formula and rebalanced over time so the index stays representative as creators rise, fade, and new ones emerge.
One token. No coin-picking. No constant rotation.
How we chose the blue chip basket:
We looked at the top 50 Zora coins and included ones that meet these criteria:
- Age: 100+ days
- Total volume: $500k+
- 30d volume: $100k+
- 7d volume: $20k+
The only exception was $jesse, which we added bc it is currently #1. And also it’s Jesse.
We currently have 11 tokens in the basket, and plan to add more as the market grows.
Governance:
$ZINDEX is governed by $CREATOR. Vote-lock $CREATOR in order to:
- Vote on biweekly rebalances
- Determine what coins get added or removed from the basket as the market evolves.
- Vote-lockers get 10% of all fees generated by $ZINDEX minting and TVL fees
--
Every capital market eventually solves choice with an index. $ZINDEX is that solution for Zora.