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1) In general it's not obvious what should be in a DeFi index! twitter.com/tarunchitra/st The new FTX index is: LINK, UNI, AAVE, YFI, SNX, SRM, RUNE, CRV, BAL, COMP, MKR, ZRX, MTA, WNXM, KNC, CREAM, SUSHI, REN, REP, BAND, SOL, AVAX, TOMO, SWRV, DOT

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Tarun Chitra

@tarunchitra

Oct 14, 2020

A good interview question for an index rebalance trader: How much will $DEFI's addition of a non-ERC-20 asset cause dislocation in the correlation between FTX's $DEFI and @defipulse's DPI? Can you estimate how the acquisition cost difference (liquidity diffs.) will mkt impact? twitter.com/avalancheavax/…

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SBF

@SBF_FTX

Oct 14, 2020

2) This rebalance is going from a fairly narrow index (blue-chip ETH DeFi protocols) to a more broad one: --blue-chip ETH DeFi (LINK, UNI, YFI, etc.) --popular forks (SUSHI, CREAM, SWRV, etc.) --DeFi on other chains (SOL, SRM, AVAX, DOT, TOMO, etc.)

SBF

@SBF_FTX

Oct 14, 2020

3) In general I think larger indexes tend to be good: when people say 'how is DeFi' they tend to mean that pretty broadly. Similarly, ALT added LINK/DOT/ADA/TRX, and MID added a number of DeFi tokens.

fiskantes in his true form

Replying to

and

Honestly, do you think people mean L1 tokens when they talk about DeFi? Maybe I am living in my little social bubble but nobody I interact with here thinks TOMO, DOT or AVAX is "DeFi"...you may as well just put BTC, ETH, and everything else there.

SBF

@SBF_FTX

Replying to

@Fiskantes

I feel on the fence -- I think mostly people aren't sure exactly what they mean. BTC isn't really part of DeFi ecosystems; adding ETH wouldn't be crazy though.

9:33 PM · Oct 14, 2020Twitter Web App

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