Indexed Finance

Indexed Finance is a decentralized protocol for passive portfolio management on Ethereum.

Discord:

[Indexed Finance @ndxfi]

Hi everyone, due to the $RGT -> $TRIBE conversion period (following their merger) ending tomorrow, and the fact that RGT remains in the $DEGEN index, DEGEN holders should consider a single-asset burn to RGT and subsequent swap to TRIBE or any other asset.

https://t.co/9z2WNr0dNR

[Indexed Finance @ndxfi]

Once the conversion period ends, there are no guarantees about the continued value of RGT.

You can exchange RGT for TRIBE here: https://t.co/KDMVSlCWeh

[Indexed Finance @ndxfi]

Burning DEGEN into all of the underlying assets is currently impossible because of the old RSR token being bricked.

RGT only makes up ~9% of DEGEN, so taking the price impact of a single-token burn (effectively a swap) may not make sense depending on your DEGEN balance.

[Indexed Finance @ndxfi]

The redemption app is now available.

Head to https://t.co/QXNHnQmRnN and connect your wallet that's got DEFI5/CC10/FFF or their LP tokens within it.

Give it a second to load, and you'll have a one-click transaction to burn those tokens and receive the underlying assets.

[Indexed Finance @ndxfi]

If you have the index tokens on Polygon or Arbitrum, you'll need to bridge back over to mainnet in order to redeem.

[Indexed Finance @ndxfi]

Proposals 22 and 23 executed.

Instructions will go up soon on how holders can burn their DEFI5/CC10/FFF tokens (or their LPs) for underlying assets, as well as a site enabling this as a one-click exit.

[Indexed Finance @ndxfi]

Two governance proposals have just been put on-chain to enable the redemption of the assets that were temporarily removed from the DEFI5/CC10/FFF pools (and their Uniswap LPs).

If you're an NDX holder, please go and vote on both:

https://t.co/ydRjYlbMso
https://t.co/s0XDrEpXy0

[Indexed Finance @ndxfi]

The proposals work in lock-step: they either both pass together, or they both fail.

Assuming that they pass, the redemption process will begin in five days.

[Indexed Finance @ndxfi]

First proposal:
https://t.co/ydRjYlbMso

Second proposal: https://t.co/s0XDrEpXy0

[Indexed Finance @ndxfi]

A proposal has just been put forward on Snapshot to enable holders of the DEFI5, CC10, FFF or Uniswap LP tokens for any of the above to burn their tokens for a proportional claim of the underlying assets that were remaining when Proposal 16 was executed.

https://t.co/l0Z7fMOMDe

[Indexed Finance @ndxfi]

The Snapshot vote concludes on June 6th, 18:00 BST, and provided that consensus is reached, the Governor Alpha proposals will go on-chain shortly thereafter.

[Bloomberg @business]

An 18-year-old exploited a weakness in Indexed Finance’s code and opened a legal conundrum that’s still rocking the blockchain community https://t.co/tDD7i6Noij via @BW

[Indexed Finance @ndxfi]

A Snapshot vote has been put up as part of the consensus-gathering process within the Indexed DAO for this proposal.

https://t.co/qEvtuBBX37

If you have NDX voting power (either through NDX you hold yourself, or delegated to you), please vote!

[Indexed Finance @ndxfi]

A proposal has been made on the forums to facilitate the claiming of pro-rata amounts of assets removed from the index/liquidity pools affected by the October hack via Proposal 16 back to their rightful owners.

Thread: https://t.co/wte8wx9hPp

Comments are welcome.

[Indexed Finance @ndxfi]

A Snapshot poll will go live on Monday the 28th of March - running for a week - to gauge the will of the DAO for going ahead with pushing this on-chain for a Governor Alpha vote.

[Indexed Finance @ndxfi]

Proposal 17 is currently live on Governor Alpha:

This proposal routes outstanding NDX liquidity rewards to the staking Masterchef, and terminates the program rewards as of approx 14:00 UTC March 10

All delegated voters, please go and cast your vote now!

https://t.co/phlaserc1M

[Indexed Finance @ndxfi]

The transfer of 322,611.70914468578 NDX tokens represents the full balance owed by the DAO to liquidity providers under this emissions curve up until approximately 2 PM UTC on March 10 (https://t.co/bbDd0d9Uum).

[Indexed Finance @ndxfi]

Should this proposal be passed and executed, everyone who has provided liquidity up until that point will be able to withdraw their accrued NDX rewards in full, and thereafter should remove their single-sided or LP tokens from the Masterchef.

[Indexed Finance @ndxfi]

We're happy to announce the full launch of the Alternative Blockchain Diversification Index (ALT) on Polygon! 1/11