Void Management Crypto Index - a decentralized application that allows you to buy the first decentralized Crypto Index!
Contents:
About the decentralized application
What is the problem with decentralized applications? They can't do complex tasks! Limits and gas prices are too high and many transactions will not go through. However, the Void Management team has developed a system that can handle any amount of gas. Void Management offers Crypto products to real people! With this decentralized application, you can forget about choosing a cryptocurrency. Void Management introduces the first decentralized Crypto Index.
Void Management has a lot of tokens and you can buy and sell them at the same time!
How to get started with Void Management Crypto Index?
In order to buy an index on the Void Management Crypto Index website, you must perform the following steps:
| 1. | Connect crypto wallet |
| 2. | Buy index |
| 3. | Run a calculation |
Void Management runs on the Ethereum network. You can install Metamask - this is the most popular crypto wallet option. Set it up and put some Ethereum into this wallet. You can use Binance, Coinbase or other centralized exchanges to get your tokens. Once you have money in your wallet, get ready to go to the Void Management site. You can connect the wallet in the last section of the main page, then open the Index card. If you want to buy an index, you first need to buy DAI. DAI - the stablecoin that represents US dollars in the crypto space and is used for all settlements and prices.
You may see a "Buy DAI here" prompt. Click on it and Uniswap Exchange will open. You can exchange your Ethereum for DAI tokens. Choose the appropriate amount and submit the transaction. Don't spend too much Ethereum as you will need it to pay your network fees. After you buy DAI, it should appear in your Metamask wallet. Go back to Void Management and buy the index! You will need to send two transactions: approving the use of DAI and buying an index.
The Void Management team uses a "settlement" process that blocks all incoming transactions and manages all assets automatically. It may take several minutes or weeks to start settlement operations. Price fluctuations can bring more or less tokens, depending on the change in the price of the underlying cryptocurrency. The more people use the index, the faster the calculation will be. After the settlement is completed, you can receive your VID tokens. Sell tokens on decentralized exchanges like Uniswap.