PSA: A lot of people have been messaging about the charting and pricing of Index Tokens.
Index tokens are unique in that they don't have LP pools, when you buy one, it's buying all the underlying assets in the Index behind the scenes.
That means the index token goes up in value as the underlying assets go up in value by their weight of the entire index.
That also means @dexscreener and @definedfi charts are broken because A) there's no LP and B) they have not yet built the systems to track the index price by the NAV assets.
For the index token price it's best to go onto the site:
https://t.co/1kO3htRdz4
If anyone does have contacts with Dexscreener, Defined, CGTerminal or any of their fave charting tools please let us know, it's important as an industry for us to support index tokens 🫡
Vitalik mentioning index assets? 👀
Whilst there's nothing built on options, it's absolutely the direction the space needs to head in and hopefully UniV4 hooks, @prism_lp and Spectrum can play a part in this vision.
https://t.co/liMu7ZUVcB
Very proud and excited to have worked on this concept together with @0xsolazy.
Instead of endless new token launchpads, we realized the real value is in grouping genuinely useful tokens together, this wasn't possible to do efficiently or accessibly via public DEXs until UniV4.
ETFs are the biggest success story in TradFI and now we're finally able to bring these onchain, no synthetic pools, no interfaces needed, just a token accessible on uniswap or other AMMS that pay you to hold them direct from swap and LP fees.