As we know, liquidity on the NDX token is still fairly low.
I propose a solution for this, the creation of an index that contains NDX-ETH LP as one of the assets or the addition of NDX-ETH LP to an existing pool. This would incentivize ownership of the NDX token and incentivize LPing in one move.
User flow: Buy NDX > (Buy ETH if they don’t have it) > add liquidity > mint index token with NDX-ETH > stake index token.
Additionally, minting of the index token with the other assets than NDX-ETH would create buying pressure on NDX-ETH.
User flow: Mint index token with other asset(s) > index internally balances by purchasing NDX and LPing > user stakes index token.
Seems like everyone wins. More liquidity, positive feedback buying of NDX, index token holders get NDX exposure and benefit from the feedback’s effect on NDX price.