Indexed Finance — a project, focused on developing passive portfolio management strategies for the Ethereum network. Indexed funding is managed by the holders of its NDX governing token, which is used to vote on proposals to upgrade the protocol and manage high-level indices, such as identifying market sectors and creating new governance strategies.
Contents:
Description of the Indexed Finance
Indexed Finance — a project, focused on developing passive portfolio management strategies for the Ethereum network. Indexing is managed by the holders of the NDX governance token, which is used to vote on proposals for protocol upgrades and high-level index management, such as identifying market sectors and creating new governance strategies.
Some features:
| Firstly | The first product, which is a set of capitalization-weighted index pools, designed to mimic the behavior of the index funds. |
| Secondly | Index pools simplify the management of assets in Ethereum in the same way that index funds do for the stock market: by creating a single asset representing property in a diverse portfolio that tracks the market sector. |
| Thirdly | Each index pool has an ERC20 index token that anyone can mint to provide, underlying assets in the pool, burn to claim the underlying assets or exchange with exchanges to manage their exposure to specific markets easily. |
Portfolio goals are set, using Uniswap chained data and pre-established rules, defined in smart contracts. As with index funds, the only role for humans in managing index pools - to define the rules for weighing and selecting assets initially, identifying market sectors and classifying assets by those sectors. The NDX governance performs these functions, which has mandatory temporary bans for all management decisions.
Additional information
The site has a section with documentation. Thus, you can find out about the platform features and terms of use in more detail. Developers maintain a blog on the Medium platform, where articles are available.
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