Is all DEFI in one token really possible?

By trade60 | trade60 | 9 May 2021


 

                      ETF VS PICKING

ETFs are having success in the stock and bond markets.
These are passive funds that track a benchmark index.

For example the Nasdaq, the world of cryptocurrencies instead is more oriented on "Crypto" picking.
That is, the trading of single currencies.
But the first alternatives begin to appear.

 

DEFI PULSE INDEX

DPI (Defi Pulse Index) is an ERC-20 token that behaves like a DEFI world ETF (ethereum only) is made up of 14 different tokens. All weighted with different percentages, based on their market cap:

UNI      3.433550      24.51%

AAVE    0.217526      17.39%

MKR     0.015700      14.00%

COMP  0.087899       11.31%

SNX     2.641156        8.78%

ADVANTAGES AND DISADVANTAGES

 

Advantages                                       Disadvantages

Diversification                               Fee 0.95% annual

Monthly rebalancing                    Only ethereum

HOW DOES IT WORK

All the assets that serve as collateral to the fund are collected in a smart contract, where not even the development team has access.
Every month there is a periodic rebalancing with the possibility of adding or removing tokens. There is also the INDEX token which acts as a governance token.

WHERE TO BUY

 

UNISWAP

SUSHISWAP

1INCH

INDEXCOOP.COM (Official site)

Follow me on Telegram for more details during the day:    https://t.me/joinchat/_J8vQO5jNPBlYTg0 

Register an account on Binance to get a 5% discount on commissions: https://www.binance.com/it/register?ref=NG0GOL6H

Log in to Publish0x:

https://www.publish0x.com/?a=oQeZ4DR6bp

This article does not contain investment advice. Every investment and trading move carries a risk, readers should conduct their own research when making a decision.

 

THE OPINIONS EXPRESSED BY THE AUTHOR ARE PERSONAL ONLY AND FOR INFORMATION PURPOSES AND DO NOT CONSTITUTE FINANCIAL, INVESTMENT OR OTHERWISE ADVICE.

Thanks for reading I look forward to your comments.

 

 

 

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trade60
trade60

Sono un uomo di 60 anni, non lavoro da un bel pò di tempo e ora mi occupo a tempo pieno di trading e di cryptovalute


trade60
trade60

Mi occupo di analisi tecnica e trading sui mercati finanziari dal 2000, dal 2018 mi sono interessato alle criptovalute prima minandole e poi guadagnandole con qualche app/sito. Qui troverete informazioni utili sul trading, come guadagnare criptovalute dal nulla e come aprire wallet affidabili. Tutto questo senza fornire un servizio di consulenza ma di passione. Chi investe i propri soldi in operazioni finanziarie speculative si assume dei grossi rischi di perdere il capitale.

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