We’re happy to announce that the dNDX (dividend-bearing NDX) mechanism is now live. What this means for you is that you can now lock up your NDX tokens in exchange for a token that earns the majority of Indexed Finance protocol revenue.
What follows is a quick FAQ that explains the ins and outs of it all.
We strongly recommend reading this article first, but if it’s not your first time here, here you go!
Since the Indexed Finance DAO was created, there has been a desire expressed by its members to distribute the revenue generated by the…
A quick post to let everyone know that as of today, Balancer have very generously begun incentivising two liquidity pools on Arbitrum.
Starting at 00:00 UTC earlier today, there are 500 BAL per week available for providing liquidity to the following:
At the time of writing, the APYs on these pools are 141% and 202% respectively.
If you have NDX or DEFI5 and want to bridge them over, you can do so here: https://bridge.arbitrum.io. Don’t forget to bridge over a bit of ETH as well: gas is cheap over there, but not free!
Indexed Finance is now just over eight months old at the time of writing, and is strongly placed as the second largest on-chain provider of index products within Ethereum.
The relative size of the index sector has increased significantly since we posted our Q2 roadmap back in April, and both our recent and scheduled upgrades put us in an good position in terms of potential market capture.
Our previous roadmap covered our Q2 2021 objectives: in contrast, this post aims to detail a longer-term set of goals, both necessary and aspirational. We remain a small core team (although we’re very…
We’re delighted to announce today that Indexed Finance is the recipient of a grant from the newly-formed Balancer Grants DAO.
The purpose of this grant is to assist the development of an upgrade of the Indexed protocol to support Balancer V2: a move which will ultimately enable increased liquidity via the Balancer Smart Order Router, simplify the handling of lending out underlying assets through Nirn via a dedicated asset manager, and enable the wider integration of our existing and future index pools into the Balancer ecosystem.
Indexed applied for a US$150,000 grant, the first tranche of which — US$50,000 —…
We’re pleased to announce that, despite the performance of everyone’s index selections, the first run of the Indexed Finance Index Contest (say that three times fast) was a success.
As such, we’d like to open the next round up to more users! We’re curious to see what kind of indexes participants come up with given a set of slightly tighter constraints. Below are the details for our upcoming contest.
This form will close on Friday June 18th or when we’ve received as…
The trial-run of the Indexed Finance Index Competition is over!
To recap: starting on May 18th, 38 beta participants started a — very passive — race between their selections of various assets and weightings to see how many people could outperform the market over the course of four weeks.
Congratulations to our winners: if you’re reading this in the future, we’d like to remind you that these were the…
As part of an initiative to be more receptive to DeFi investors who want to tokenize investment strategies on our platform, in April we partnered with @0xb1 to create the 484 Fund as part of our experimental Sigma program. Unfortunately, the barbell strategy they requested wasn’t a very good one in practice, and the price of one $ERROR has dropped in value by ~75% since launch.
Due to the above, a general lack of interest and the fact that 0xb1 has burned all of their tokens — and further, that we have not heard a word from them since launch…
Indexed Finance is delighted to announce our partnership with Sushiswap, and the beginning of a transition to using it as our primary source of liquidity.
To begin this process, Sushiswap is introducing the ETH pairs for both the NDX governance token and the DEGEN index to their Onsen program, which provides SUSHI rewards to liquidity providers. Pending a smart contract review, we’ll soon be able to add NDX to the SUSHI rewards using their MasterChef V2 contract, at which point we will begin shifting our rewards from Uniswap V2 LP tokens to Sushiswap LP tokens.
If you’re a liquidity provider…
It’s always nice to have the luxury of choice. That holds especially true when it comes to DeFi: assets are often available on multiple DEX platforms, but the differences in liquidity between them often has you hopping back and forth to find the one with minimal slippage.
At Indexed Finance, we launched with quite strong ties to Uniswap: when minting new index tokens (such as DEFI5) through our UI, you have the option of utilizing our Uniswap minter to create new tokens using ETH directly rather than one of the underlying tokens:
We’ve been thinking for a while about how to create an ETF that would appeal to your ‘first-time’ crypto investor: those that are interested in exposure to Bitcoin and Ether along with the nascent DeFi market, but don’t know where to start. The type of person who wishes to allocate part of their portfolio to crypto and holds a Vanguard, but can only name Bitcoin when pressed.
Having listened to community feedback about the desire for a ‘blue chip’ product that provides exposure to BTC and ETH as well as containing more than a maximum of ten constituent assets, it…