INTRODUCTION
You want to be involved in the crypto market, but you know that with the current volatility of the market, there are risks. Your investments could pay off huge but they could also tank, We get it and thats why we’ve created the Matrix Index to make it a lot easier for you to get in on the crypto action without having to worry so much about the risks.
WHAT IS MATRIX INDEX?
Matrix Index is an encrypted index fund to track the qualified tokens of crypto market and blockchain, The idea is to use an automated, market-making strategy to position, rebalance and manage a portfolio of traded tokens within the crypto market. it will use an encrypted index token, which will be issued on the various public chains. It can be used by any market participant to track the weighted performance of a basket of crypto assets.
The index fund will be weighted by each token’s market value with a basket of assets, they are a useful tool for investors because they provide exposure to a broad range of securities without any active management. They are a cost-effective way to invest and are especially attractive for those who don’t have the time or inclination to manage their own portfolios.
We have taken this concept a step further by creating the Matrix Index, which aims to be a benchmark for decentralized finance (DeFi), Our index uses data from DeFi Pulse and is updated on a monthly basis.
MatrixETF is a registered exchange-traded fund which aims to build an innovative platform and provide a stable, transparent and efficient trading environment for participants. MatrixETF issues the matrix index as its share by smart contract, and the price of the matrix index varies with the basket of tokens that constitutes it. The MatrixETF share is issued in smart contract and can be recognized, traded and redeemed by another smart contract, The share price is proportional to the newly added token price in the basket of tokens constituting it, The basket of tokens consists of a set of NFTs which are weighted by their relative market value.
WHAT MAKES THE MATRIX INDEX UNIQUE
We believe that cryptocurrency and decentralized finance is the future of finance, so we made it our mission to make this technology available to everyone, MatrixETF’s matrix index, makes it possible for anyone to participate in the crypto market, without buying or trading cryptocurrencies directly, This is one of the easiest ways to participate in the crypto market and decentralized finance, With the matrix index, users do not need to buy the token from exchanges, they can gain potential response rate from the crypto market and realize transform of one asset to another asset by only through the simplified placement of asset.
CONCLUSION
Once a month, the Matrix Index will be examined and updated to weaken or delete ineligible tokens, improve the number of qualified tokens, or balance new tokens, in order to better reflect the overall trend and development potential of the crypto market, it’s an evolving index that represents the average value of the top 100 cryptocurrencies. Each currency is weighted by their relative market capitalization and liquidity.
