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We need more Index Tokens by cwow2

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hive-167922 · @cwow2 ·
$3.03
We need more Index Tokens
I think we need another index token. We already have the index token by @jongolson, but we could use another. 
Just like we have crazy amounts of index's/ETF's in the stock market tracking and buying different things.

We could see more different index tokens. 
I would love to build an index token ecosystem exculsively focus on paying out dividends in Hive/Swap.hive long term.

The token would hold all of the different dividend paying tokens on HE and also a few selected token paying tokens and selling that tokens for swap.hive.
This will mean users will be diversified from the start.

<center><h1>Tokens (Rough)</h1></center>

Bro
Index
Eds
Spi
Lbi
Defi
Alive
Sim
Crops
Byt

<center><h1>Phase 2 / Dieselpools</h1></center>

We could also take advanced of Dieselpools on Tribeldex which pays out different tokens or hive aswell. This would properly be phase 2.

<center><h1>Defi</h1></center>

We would 100% be in some defi project, now I would have to do a lot of research on which have stood the test of time like Cub have. But also, I keep hearing good shit about EMP.

<center><h1>Numbers</h1></center>

1m fixed supply. No more and no less. The project migjt buyback some of its own tokens to create a way for people to sell but also to increase the price and the dividends paid out (Until the tokens are sold again)

95% will be going out to users. The last 5% will be used to buy into new projects or stregthen our position in already owned project tokens for bigger dividends long term. 
This would be hard to manage without any automation and I would love to have it automated as much as possible. 
Payout every monday.

---

I obviously need a coder since I have no idea what I would be doing. I just have the idea xD
👍  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 96 others
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vote details (161)
@cwow2 · 
@silverstackeruk I already have this quite short post about something similar :D
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@ecency · 
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@india-leo ·
Indiaunited Curation 1668605907422
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@indiaunited ·
Indiaunited Curation 1668605911623
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@malos10 · 
This is great idea! BRO is doing well, that that example for you
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@cwow2 · 
 Ye bro? I knoe. Got 70 bro myself
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@paulmoon410 · 
We should be pegging Tokens to Stocks or Companies that are beneficial to blockchain and Web3 technology. Being associated or able to associate with these companies might bring us to a point of greater value overall. Just a "brain baby" of mine... seeing your stance. Great writing.
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@cwow2 · 
Hmm, interesting.

Would we be able to just do that? Or do we need approvel from the company first?

Becausw that could be an interesting thing
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@paulmoon410 · 
You would need to own actual shares comparable. It would be the entity as who has the liquid stocks to peg the value
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@pregosauce ·
$0.03
RE: We need more Index Tokens
love the idea - an index of indexes.... Hmm, guessing that underneath lots of these individual indexes there are many of the same assets tho

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@pregosauce/re-cwow2-2jjzpm)
👍  
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vote details (1)
@cwow2 ·
$0.03
Well, it would be different tokens and as long as there are some soft of dividend payment, then kt could qualify for this index :D
👍  ,
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vote details (2)
@pregosauce ·
$0.03
I was just thinking that a lot of those index tokens are invested in the same places, like SPS or dCrops or hashkings. Kind of like how if you invest in USA stock index funds, like S&P500 or Wiltshire 1000 or Russell5000 or total market, you get the S&P500 in all of them. Does that make sense? But it would be a LOT easier to invest in an index of indexes on Hive :)
👍  
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vote details (1)
@tydynrain ·
$0.03
I love the *INDEX* token, and I'd be all for a *income token index token*, since if would help me better focus my efforts on acquiring the diverse income tokens (dividend-paying and miner tokens) presently available. 😁🙏💚✨
👍  
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vote details (1)
@cwow2 · 
It would make it very easier to have a project like that :D
Thanks!
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@tydynrain · (edited)
RE: We need more Index Tokens
It sure would! It's challenging keeping track of all the various income tokens! 😁🙏💚✨
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