1/ We’re excited to announce the launch of Switchpoint Strategies (@SwitchpointStra), a research and advisory firm focused on emerging blockchain use cases that improve the real economy.
🚀The #Bitcoin Flexible Leverage Index is up more than 150% this year and slightly outpacing 2x BTC performance.
Available as a single token $BTC2x-FLI from @indexcoop on @Uniswap and @SushiSwap.
#SelfCustody#DeFi
We are happy to announce WE ARE LIVE!
Building on @CantoPublic ?
Ship faster with no request limits and no throttling with a dedicated node from Ansybl
Check us out at https://t.co/9FCwyL7Ot0
The actual DeFi exchanges literally cannot lose customer money like FTX b/c they don’t custody it! They’re still humming along. This is why it’s so critical that we allow DeFi to continue to grow & innovate in the areas of governance, usability, and risk management.
Celebrating 2 Years of @IndexCoop 🎉🦉
As we celebrate our second anniversary, we’re taking a moment to reflect on our achievements & greatest challenges 🧵
This volatile sideways market is the perfect time to better understand leverage indices, the impact of rebalancing, and the "Flexible" in FLI.
https://t.co/5GepMxvqfk
Over the last 7 days, the DeFi Pulse Index grew 10% when measured in ETH. $DPI
Best performers were @compoundfinance, @aave and @iearnfinance.
Compound was even up in USD terms, despite the overall market rout.
Volatility is an important aspect of understanding leverage indices.
Learn more about rebalancing, volatility "tax" and what makes FLIs flexible:
https://t.co/5GepMxdPnM
For ETH2x-FLI-P, the Ethereum 2x Flexible Leverage Index, that uses @AaveAave's Polygon lending market, numbers look even better:
ETH supply rate: 110%
USDC borrow rate: 0.68%
Note: These are annualized spot rates that can be highly variable.
📈While 2x Flexible Leverage Indices (FLIs) amplify the underlying price move, -1x Inverse FLIs increase in value as the token they follow falls.
🪙Token implementations by the @indexcoop are available for example through @SlingshotCrypto on @0xPolygon.
https://t.co/EwRVej3Zqz
↔️Forks are new concepts introduced with decentralization and blockchain technology.
🧮But we can look at TradFi to understand how to account for them in a portfolio.
💡What would an index do?
https://t.co/EI8XVbdxjo
The DeFi Pulse Index is a digital asset index designed to track the performance of some of the largest protocols in the DeFi space. Curious about how we curate the DeFi Pulse Index? Understand the methodology and rationale here: https://t.co/1KLTnRnGNu
@indexcoop@compoundfinance Main driver of discount would be the market's implied probability of liquidation. ETH has a collateral factor of 0.82 on Compound, ETH2x-FLI has utilization rate of 0.51 currently.
With the first rebalance in the books, PONY Index shows its true value:
🔃PONY Index allocates to the most attractive stablecoin yield opportunities across multiple chains.
🐎Right now the index is growing at an annual rate of 9%.
Currently, ... /1
https://t.co/viFEVDKfAd
"Indices provide exposure to systematic drivers of risk and return and reduce idiosyncratic risk thanks to diversification at little cost."
What's the intuition and math behind the "only free lunch" in investing: https://t.co/K9ZaVvJoCl