[AMA] We’re Index Coop, the decentralized and autonomous asset manager behind DPI, icETH and more.
Hello r/ethereum, we're the team from [Index Coop](https://indexcoop.com/), a DAO building decentralized structured products on Ethereum. Our contributors are spread across all six continents—part time and full time, pseudonymous and doxxed. We are responsible for the creation of digital assets indexes like [DPI](https://indexcoop.com/defi-pulse-index-dpi), a capitalization-weighted index that tracks the performance of decentralized financial assets across the market. We recently introduced [icETH](https://indexcoop.com/interest-compounding-eth-index) too, an ERC-20 token that allows holders to retain spot exposure to ETH while amplifying staking returns through a leveraged liquid staking strategy. We will start answering your questions at 11 AM Eastern Time. Feel free to start posting questions below. Core Contributors from our team participating: • u/theyoungcrews • u/thekindeagle
The biggest headline is that NFT sales fell by 72% between May and June 2022. That decline pushed the NFT transaction volume below $1 billion for the first time since June last year. Leading NFT collections like the BAYC experienced a significant decline in the floor price amid the crypto winter