Section 11
The INDEXLA Flywheel
$DEXLA UtilityMore CreatorsMore Indexes + PortfoliosMore Investors + CapitalMore Execution VolumeMore FeesINDEXLA RevenueCreator Earnings$DEXLA Buybacks + BurnsStronger Incentives
$DEXLA Utility → More Creators → More Indexes + Portfolios → More Investors + Capital → More Execution Volume → More Fees → INDEXLA Revenue → Creator Earnings → $DEXLA Buybacks + Burns → Stronger Incentives
