# IBCX: The First Rebalancing **URL:** \ **Category:** ION\ **Created:** [January 3, 2024, 9:06am UTC](https://forum.osmosis.zone/t/ibcx-the-first-rebalancing/1408 "2024-01-03T09:06:20Z")\ **Posts on this page:** 1\ **Showing post:** 10
**Author:** ![jasonsprouse](https://sea2.discourse-cdn.com/flex020/user_avatar/forum.osmosis.zone/jasonsprouse/32/1600_2.png) [@jasonsprouse](https://forum.osmosis.zone/u/jasonsprouse)\ **Post date:** [January 8, 2024, 8:16pm UTC](https://forum.osmosis.zone/t/ibcx-the-first-rebalancing/1408/10 "2024-01-08T20:16:37Z")
> [@IBCindex](#): > > However, the formula and the methodology we used is how we evaluate tokens’ value and potential at the same time. > > As you can see in the proposal, market cap share is 60% to establish the weights. > REGEN’s market cap as of today is $9,177,304 and this is lower around two times than the market caps of ION and MARS, which are the lowest ones in the portfolio. > > - MARS: $19,189,776 > - ION: $16,568,545 > > IBC’d volume data (30d) as of today shows a huge gap as well: > > - REGEN: $536,600 > - MARS: $2,109,700 > > Given the methodology to establish portfolio weights, REGEN’s weight may go too low which means almost a dust. > > Due to the above rationales, we decided to temporarily remove REGEN in the portfolio until the tokens’ performance in terms of methodology details gets on the track back. REGEN could be included in the lineup again in the future for sure. I’m in agreement that Regen shouldn’t be removed. Using their current market cap as a metric for the value Regen adds to IBCX seems very capitalistic. There are several ways to go about growing the value of that chain and if we could get a team of people using DAO DAO to coordinate an international operation it could realize it’s true potential. Having all the chains/DAOs that are a part of the IBCX index employee people to do traditional labor could accomplish two things at once - 1. Organically gain more exposure for the ecosystem 2. Create more economic churn than just relying on electronic transactions > Posts I made on Cosmos forum… What is the general consensus in investing in businesses other than online blockchain apps? I think there is a huge opportunity to build DAO businesses that are more in the manual labor / robotic and automation sectors with a management structure. - Construction - Lawn Care - Window Cleaning - Mobility …there are others. There is obviously business development work and overhead associated, salaries for management team ect… with this strategy, but profit sharing and experimenting with this strategy would be an interesting social experiment. Part of the business development could include contacting business already established and invest in autonomous equipment with legal agreements on what the profit sharing structure would look like. - Farming And the kinds of collabs that can be done with chains like Regen and other businesses in this sector. Just some ideas, for what it’s worth. Personally there are efforts I am and/or would like to make with the Regen product. Need to develop a compensation plan, some baseline performance metrics, revenue sharing agreement and bonus strategies - not just with regen through. This strategy would benefit all the IBCX chains if for nothing else than Cosmos branded employment outreach. For example - using the assets in the link below and doing a “surprise” hunt where different token gifts using paper wallets are randomly boxed in with the physical assets would be one that I would like to see come to fruition. A link to the real assets. > **[What do we do with the Neutron airdrop?](https://forum.cosmos.network/t/what-do-we-do-with-the-neutron-airdrop/12468/30)** > > start learning to think long term as a network / collective: propose daos and chains to acquire acquire into comm pool their tokens profit on the bull run and have stake in many chains Im unsure what is the point of anything else --- _[View the full topic](https://forum.osmosis.zone/t/ibcx-the-first-rebalancing/1408)._