What are DeHive Crypto Indexes, and How Can They Benefit Unstoppable Domains Users?
Choosing reliable and secure crypto assets has become quite a struggle these days. Investors are trying to build a diversified portfolio that would bring a stable profit, but with current market conditions, it’s almost impossible to get the desired results without profound knowledge and the right tools.
One of the platforms that can help you maximize your profit even at times of market recession is DeHive. It provides several financial instruments, including crypto indexes, to get maximum profit with minimum effort.
What are DeHive crypto indexes?
DeHive crypto indexes are yield-generating crypto baskets that unite the best-performing assets within one chain. Every index is carefully composed by DeHive experts to reflect a particular market segment, bring maximum profit, and provide users with a secure way of investing in different protocols.
With DeHive, users can diversify their portfolio, stake crypto indexes, and earn yield on the underlying assets.
Here’s a short recap of what you get with DeHive crypto indexes:
- a well-balanced and reliable DeFi portfolio in one purchase;
- lower investment risks due to diversification;
- high security and data protection;
- stable passive income opportunity;
- additional profit from yield farming protocols.
What are the benefits of crypto indexes?
Similar to traditional index funds, crypto indexes are composed of multiple assets within one network (e.g., Ethereum, Polygon, Gnosis, etc.). Each of such indexes is a basket of crypto assets that offers greater diversification and more stable profit than regular crypto assets.
- Portfolio diversification. As you invest in a whole basket of different assets, the chances of losing your funds are much lower.
- Low risk, greater stability. Due to high diversification, index funds and crypto indexes provide investors with lower volatility and optimal returns, especially in the long run.
- Low fees and taxes. As indexes don’t require extensive research or a team of analysts, their management costs are much lower, which leads to lower fees. Besides, due to passive management, they have low turnover, which results in fewer capital gains distribution and lower taxes.
- Better long-term returns. Index funds, as well as crypto indexes, are based on the theory that the market will outperform any single investment in the long term. And so far, it’s been true for many investors.
- Automatic asset selection. No need to choose assets to create a well-balanced portfolio — it’s been done for you automatically.
- Perfect for passive investors. Indexes don’t need you to make regular decisions or take action; thus, they are ideal for a buy-and-hold strategy.
In a nutshell, crypto indexes allow users to bring their DeFi game to a whole new level. They let you sit back and relax while receiving stable passive profit from the most promising projects in the chosen network. And if you choose to invest with DeHive, you’ll get even more benefits, including enhanced security and additional profit with yield farming.
How to use DeHive with Unstoppable Domains?
As a result of the recent collaboration, the users of Unstoppable Domains can now use their accounts to access DeHive yield-generating crypto indexes and other financial instruments on the Ethereum and Polygon networks.
Moreover, DeHive users can now log in with their Unstoppable Domains’ account to benefit from all DeHive products. Login with Unstoppable is extremely convenient and secure since it allows users to access the platform in mere seconds without registration or any verifications.
Here’s how you can log in with Unstoppable step by step:
- Open the DeHive application.
- Choose the Polygon or Ethereum network at the top of the screen.
3. Press “Connect Wallet” and then — “Connect to Unstoppable”.
4. Proceed with the login — you will need to log in to your Unstoppable Domains account.
5. Voila! You are all set now, and you can see your domain at the top of the screen. Enjoy using DeHive!
If you do not have an Unstoppable Domain, don’t worry, you can easily get one from UnstoppableDomains.com. Domains start at $20+. And the best part is once you purchase one, you own it for life with no renewal fees.