I agree fwiw
Conversation
I’d also like to vote on funneling 10% of FTX profits to multisig holders. It’s only fair
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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.
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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?
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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.
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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.
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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.
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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.
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Which I'd say is a strong reason for both product offerings, while I support chain diversity, it is a justifiable investment thesis to want broad exposure to the defi projects of a single chain as well.
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