The DeFi Pulse Index is a capitalization-weighted index that tracks the performance of decentralized financial assets across the market.
About DeFi Pulse Index (DPI)
The DeFi Pulse Index is a digital asset index designed to track tokens’ performance within the Decentralized Finance industry. The index is weighted based on the value of each token’s circulating supply. The DeFi Pulse Index aims to track projects in Decentralized Finance that have significant usage and show a commitment to ongoing maintenance and development.
What Is DeFi Pulse Index (DPI)?
DeFi Pulse Index is a blockchain financial product that lowers the barrier to entry for new users who lack the expertise to gain exposure to DeFi, and provides experienced users with exposure to DeFi through one single asset.
Index Coop came together with one mission: To make crypto investing simple for everyone. By bringing together the best resources and brightest minds in the space, The platform made its vision come true.
Index coop captures the upward movement of the crypto space in simple yet powerful investment tools. The platform offers a broad variety of investment vehicles to individuals and institutions – from token baskets to leveraging. And the best part: All products are easy-to-understand, secure, cost and tax efficient – for crypto natives and newbies, for retail investors and institutional buyers.
Who Are the Founders of DeFi Pulse Index (DPI)?
DeFi Pulse Index is the first of its kind, an index of decentralized finance that isn’t synthetic or a derivative but rather you own the tokens that comprise the capitalization weighted index. Built on Set Protocol’s new v2 infrastructure, DeFi Pulse Index tokens are directly redeemable for its DeFi tokens. Much like our Total Value Locked (TVL) metrics, DeFi Pulse Index is a standard the community can stand behind. Total Value Locked was created to help the community interpret the value locked within the DeFi ecosystem. The developers see DeFi Pulse Index as a natural progression of what it has to offer to the wider community.
It’s no coincidence that nearly all the projects and protocols behind the tokens included in the DeFi Pulse Index interact in some way or another. This entire industry was built through collaborative innovation with each new protocol and smart contract system, or money lego, building on the next. However, no information about the founders is available.
What Makes DeFi Pulse Index (DPI) Unique?
The index utilizes a capitalization weighted index where the value weight is based off of a DeFi projects market cap. The price per token and circulating supply were taken on September 8th, 2020 from CoinGecko. Then, the price per token was multiplied by the circulating supply to determine the circulating market cap. Each position is weighted by its relative circulating market cap to other positions in the index.
Various indexes hold the top tokens of specific crypto themes, such as DeFi or the Metaverse. You can comfortably invest in index tokens for long time horizons without worrying about research and rebalancing.
Structured products (FLI series) help you leverage a collateralized debt position in a hassle-free and efficient way. You profit from minimized transaction costs and risks, while amplifying exposure to promising assets.
Our forum is buzzing with ideas for new products, including fixed income and stable coin products, new thematic indexes and much more.
Where Can You Buy DeFi Pulse Index (DPI)?
If you’re looking for a place to buy DeFi Pulse Index (DPI), the best cryptocurrency exchange for trading DeFi Pulse Index (DPI) is KuCoin, Uniswap (V3), CoinW, AEX, and Uniswap (V2).
Frequently Asked Questions
Can I Buy DeFi Pulse Index (DPI) With Cash?
No. There is no direct method to purchase DeFi Pulse Index (DPI) using cash. You can, however, utilize markets such as LocalBitcoins to first acquire BTC, and then complete the remainder of the procedures by moving your BTC to the appropriate AltCoin exchangers.
Are There Any Quick Ways To Buy DeFi Pulse Index (DPI) In Europe?
Yes, in reality, Europe is one of the easiest countries to acquire cryptocurrency in general. There are also online banks where you can create an account and send funds to exchanges like Coinbase and Uphold.
On What Factors Does The Price Of The DeFi Pulse Index (DPI) Depend?
Exchange inflows and outflows, technical and fundamental changes, the news cycle, and the overall economic climate are all variables that impact Mogul Productions’ (STARS)’s price and market cap.
DeFi Pulse Index (DPI) Official Website – https://www.indexcoop.com/dpi
DeFi Pulse Index (DPI) Twitter – https://twitter.com/DocumentingDPI