$IBCX, the Interchain Index Token

IBCX 2023 Recap It all started from the idea and the need to have an index token that represents the complex, diverse Cosmos ecosystem. We've come a long way. Join us in taking a quick look back at our journey in successfully establishing IBCX as the true Cosmos index token.

V2

The Proposal #18 has been passed by the ION DAO governance. ion.wtf/proposal/ion/18 The contract migration was successful. Thank you so much for your active participation! 1/

@jdcldc @_IONDAO Hi, there! You can find the background and more details here - forum.osmosis.zone/t/ibcx-the-fir… - #gid=369839462" target="_blank" rel="nofollow noopener">docs.google.com/spreadsheets/d… We're always looking forward to everyone's participation in discussions😉

@_IONDAO 8.19% CRO is questionable

Attention, ION stakers! ION DAO's on-chain governance is now live for voting. It’s on IBCX contract migration, a key step for the upcoming portfolio rebalancing. Check out the details and cast your vote! 🔗ion.wtf/proposal/18 Governance guide: @IBCindex/how-to-participate-in-ion-dao-governance-bd9c63899f76" target="_blank" rel="nofollow noopener">medium.com/@IBCindex/how-… 1/3

Cast your vote, ION staker!

Hi @cosmos

Only one🧿

IBCX 2023 Recap It all started from the idea and the need to have an index token that represents the complex, diverse Cosmos ecosystem. We've come a long way. Join us in taking a quick look back at our journey in successfully establishing IBCX as the true Cosmos index token.

As always, your feedback about the proposal will be much appreciated! @_IONDAO 3/3

The current contract cannot execute both the complete removal of the existing assets and the addition of new assets. Therefore, the migration to an upgraded smart contract that enables the addition and removal of the assets has to be completed first. 2/3

📢New Draft Proposal on the ION Forum A new forum post that suggests the first rebalancing of the IBCX portfolio has been uploaded on the ION forum. Please visit the link for more details: 🔗forum.osmosis.zone/t/ibcx-the-fir… Target on-chain date: TBD 1/3

Shout out to 💜@osmosis @sunnya97 @Jake_on_me @Ian_Unsworth @luke_mnts

Lastly, thank you @IONDAO_ for your continuous and diligent support. You guys are the best! 9/9

The IBCX’s ultimate goal is to be widely adopted across the Cosmos ecosystem by users old and new alike. We're excited to keep rolling out what we have in store for IBCX 2.0. If you want to join the IBCX/ION dev contributor group, please DM us! 8/9

Additionally, in order to reach an enhanced UX with more visibility, both @_IONDAO and IBCX have partnered with leading teams in the ecosystem, such as @keplrwallet, @leap_cosmos, and @PulsarFinance. 5/9

A month after launching IBCX, the dev contributors also launched stIBCX, which is the liquid staked version of IBCX, with the @stride_zone contributors. 4/9

Launched in May 2022, ION DAO is one of the most active DAOs in Cosmos. In May 2023, the ION DAO dev contributors, backed by an active group of community members, launched IBCX on Osmosis. 2/9

IBCX is an index token composed of 12 different Cosmos tokens. (Image in 1/9) Since its inception, IBCX has successfully outperformed most of its underlying assets' performances. We're happy to have proven to a certain degree that holding IBCX is largely equivalent to having a bullish position on the overall Cosmos ecosystem. 3/9