$Index Coop July 2024 Update

This new monthly report covers the latest Coop news, roadmap, and significant successes and challenges

Financial Snapshot
· Monthly Net $ Flows +$4.6 million
· TVL: $88m, +$1m MoM
· Runway: 77 months

News
· PRT Staking contracts developed, audited, shipped for hyETH PRT rollout (~17.8% staked to-date)
· Research & design kicked off for a @MorphoLabs leverage module 👀
· Introducing a large Stablecoin Yield Token opportunity 👀

Focus for August
· ARB yield rewards marketing push
· Continue Leverage Suite campaign, plan new tokens, upgrade Leverage UI
· Move Stablecoin Yield project forward with marketing & BD functions across all 3 partner orgs aligned

Read the full update on our forum 📖⬇️