> For the complete documentation index, see [llms.txt](https://docs.amktdao.com/old-amkt-documentation/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.amktdao.com/old-amkt-documentation/governance/amkt-dao-working-constitution/amkt-benchmark-creation-process.md).

# AMKT Benchmark Creation Process

The AMKT DAO adopts a hierarchal process for the qualification and selection of assets, which is used in the implementation of the Benchmark.

## DAO Asset Inclusion Process

<figure><img src="https://1317089075-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F1TdhgZjBe7fkATpK73SN%2Fuploads%2FfTRor7OD2b0NYRz3P7iP%2FAMKT%20Stack.png?alt=media&amp;token=42af3681-0a91-4a01-a83a-3de07172966a" alt=""><figcaption><p>High level overview of the AMKT DAO and its role in benchmark governance.</p></figcaption></figure>

The AMKT asset inclusion process is composed of 3 stages, where each step is dependent on the previous;

1. [Step 1: AMKT Asset Universe](/old-amkt-documentation/governance/amkt-dao-working-constitution/amkt-benchmark-creation-process/step-1-amkt-asset-universe.md) - AMKT Token holders and Stewards work together to narrow the set of all crypto assets to those with thematic fit.
2. [Step 2: AMKT Benchmark Creation](/old-amkt-documentation/governance/amkt-dao-working-constitution/amkt-benchmark-creation-process/step-2-amkt-benchmark-creation.md) - AMKT Stewards decide on methods for additionally filtering assets and describing how to calculate the **AMKT Index**.
3. [Benchmark Implementation](/old-amkt-documentation/amkt-token/benchmark-implementation.md) - The final step in determining which assets are earmarked for custody and inclusion in the index happens at the **implementation** stage. Service Providers use the [AMKT Benchmark Methodology](/old-amkt-documentation/governance/amkt-benchmark-methodology.md) guidelines and the assets from the **Index Implementation** stage to construct the final methodology.

AMKT holders can propose and vote on the inclusion of new assets which they believe fall under AMKT's thematic fit as a broad-based crypto market index, however **a successful DAO vote for inclusion in the AMKT Asset Universe does not guarantee inclusion in the index.**
