It is of my understanding that currently there is no incentive to design a new index and maintain it on an on-going basis. The same also leads to a lack of incentive to marketing a certain index and bringing in AUM. CVP in the current state is an infrastructure provider (similar to NYSE or ICE). However it is positioning itself as a marketer for the indices too (similar to greyscale)
I propose that we discuss mechanisms that incentivise individuals for creating, maintaining and marketing indices. This allows individuals to propose a new index, have it voted in and receive fees on an on-going basis. The fees can come from
- A flat fee from powerpool for proposing and having it passed - I would keep this at $10k worth of CVP
- Added fee from withdrawal and deposits into the index. This can be as low as .05% of the index size.
For individuals that have research skills, this would mean collaborating with a platform that has the distribution (like delphi digital) and creating indices and bringing them to scale.
Would love to brainstorm this and ask if there are any plans for implementing something along this lines.