BSC DeFi Index

The 1st BSC DeFi index

BSC DeFi Index

The BSC DeFi index tracks the MTM (mark-to-market) of a virtual portfolio invested in N BSC DeFi coins. The portfolio starts with 100USDT at the genesis time (t0) and invests w (the equal initial weight for every constituent, $w=\frac{1}{N}$) of the capital into each of the following tokens (the initial constituents): CAKE XVS MDX AUTO BAKE BUNNY The Index at time t, $I(t)$, is calculated as follows: $I(t)=100\sum_{i=1}^{N}\frac{P_i(t)w}{P_i(t_0)}$ where $P_i(t)$ is the price of the ith constituent at time t, compiled from the selected exchanges with the oracle algorithm.

Pricing sources (regularly updated to track the prices with the best liquidity): CAKEUSDT: Binance XVSUSDT: Binance MDXUSDT: Binance, Huobi AUTOUSDT: Binance BAKEUSDT: Binance BUNNYUSDT: PancakeSwap

Reconstitution The portfolio will be reviewed and reconstituted monthly if necessary. Reconstitution takes place at 00:00 UTC on the first day of a month. Any reconstitution will be announced at least several days ahead. However, a principle of the index is we should try to keep the constituents as stable as possible.