can we get $DPI on FTX? The current FTX DeFi index is way too broad for buy and hold, would be good to get some diversity in indexes and support good DeFi projects like this.
I’ve got my quant zone ready to market make on this when you list it :D
Conversation
Replying to
Will take a look!
Worth noting that the FTX DeFi index's weight in the less liquid tokens is really small so they won't affect things much.
1
5
Totally - but some of them are a bit of stretch in the first place, would be good to support tokenized projects of blue chip for mainstream adoption, and having two creates great arb options between the blue chip v more diverse indexes
1
4
I’d also like to vote on funneling 10% of FTX profits to multisig holders. It’s only fair
1
9
It can go with the secret bribery payments Sam apparently sends me.
I think they got lost in the mail for the past 6 months though... gutted postal service or some nonsense.
1
3
Hm so I'm actually pretty confused by DPI.
It has YFI, AVE, UNI, SNX, MKR, COMP, REN, LRC, KNC, BAL, and REP.
I don't understand what metric can get to that index. It seems kind of wacky to me!
e.g. how did REP get there but not UMA/ZRX/NXM/SUSHI/BAND?
5
3
13
Agree its not perfect, but there are pros and cons to the different models.
These are broadly more 'blue chip' projects plus its tokenized which I think is pretty valuable in terms of cross chasm adoption.
1
1
meh agree that it's more blue-chip-y though like I don't think that really applies to REP anymore, or a bunch of their other tokens.
Maybe here's a way to put it: I think that if you compare the FTX index to DPI, FTX has a *greater* weight on projects that are generally considered to be promising right now than DPI does.
1
There are other differences -- e.g. DPI only has ETH-based DeFi whereas FTX has other chains as well, which is a difference.
And I think this really starts to get closer to the real difference between the indexes.
I don't think it has to do with being blue-chip.
2
2
Show replies
Agreed, not the index I'd personally create, OTOH, I also have a hard time justifying to more conservative buyers that things like CREAM or TOMO are the right fit in a DeFi index, and want users to have broad access to indexes (since CB & Kraken dropped theirs years ago)
1
2
What do you mean by 'conservative' here?
e.g. REP is down a lot from its glory days, as are LRC, etc.
And in what way is YFI 'conservative'?
2
1
Show replies