New Index From DeFi Pulse and Set Protocol Offers Easy Access to 10 DeFi Tokens in 1
Data company DeFi Pulse and investment-minded Set Protocol have created a permissionless index of the very best DeFi tokens, called the DeFiPulse Index. “We want a way that people can get exposure to DeFi without having to go and buy every token individually, because that costs a lot of gas,” Scott Lewis of DeFi Pulse told CoinDesk in a phone call.
Ethereum users can now get exposure to a curated set of DeFi projects by buying one token, called DPI, available now on Uniswap: No staking, rebasing, swapping or composing required. DeFiPulse Index The index will have 10 DeFi tokens: LEND, YFI, COMP, SNX, MKR, REN, KNC, LRC, BAL and REP. That order is arranged from the largest portion of the index (LEND at 18.3%) to the smallest (REP at 1.63%).