UTILIZING THE MATRIX INDEX OF MATRIX ETF
MatrixETF as a financial market has rightly made provisions for mechanisms that can help make the platform dynamic, updated and easy for users . One of those is the Matrix Index
Matrix Index is an encrypted index fund to track the qualified tokens of crypto market and blockchain. The index fund is weighted by each token’s market value with a basket of assets. In MatrixETF the share can be recognized, sold and redeemed by the new share minted by a basket of tokens.
As of the end of October 2020, the amount of index products worldwide is about $10 trillion, and it is estimated that it will exceed $12 trillion by 2023.
Also, with the rise of DeFi projects represented by COMP, YFI, UNI and AAVE, the value of Token has been improved by means of Mining, AMM, Farming and Aggregators.
It makes the cryptocurrency market no longer a single spot trading stage and gradually forms the base currency represented by BTC and ETH, public chain ecology represented by ETH, BSC and SOL.
The DeFi ecology represented by COMP, YFI, UNI, AAVE and Sushi, and NFT ecology represented by Flow, MANA, ENJ and CHR, the whole market and ecology are gradually getting matured.
Moreover,with the boom of DeFi, an increasing number of investors start to tune in to the cryptocurrency market. However, for the newcomers, the market is not really friendly.
Investors need to not only screen out potential and valuable targets from many projects, but also face various complicated processes such as wallet use, intelligent contract screening, high gas handling fee, etc.
For ordinary investors, the simpler the investment, the better. They have the opportunity to invest without being proficient in the complex operations. Therefore, the value of ETF index investment gradually appears.
In fact, index investment does not need investors to know too much about specific assets, but an overall understanding of the industry is needed.
Anyone can allocate their assets to the index products, such as ETF or mutual fund, so as to obtain the investment exposure of a variety of asset portfolios and gain larger profits. This is undoubtedly a "HODL".
Matrix Index seem to be of great favour to users in the sense that it is one of the easiest ways to participate in the crypto market and decentralized finance,this alone makes the platform an Indispensable tool for development.
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.
Evaluation and adjustments of the matrix Index are made one every month, in order to weaken or eliminate unqualified tokens, increase proportion of qualified tokens or balance the new tokens, further to reflect the whole trend and development potential of the crypto market as much as possible.
MatrixETF makes use of Fundamental and Market Capitalization weighting methods, which weighted by 30% of fundamental and 70% circulation market value to account the allocation and weighted proportion of each basic asset.
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