Indexed Finance

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Indexed Finance

Indexed Finance

@ndxfi

Indexed Finance is a decentralized protocol for passive portfolio management on Ethereum. Discord: https://t.co/hdirrK6Ybg Medium: https://t.co/ADlb9Bat9b

Katılım Eylül 2020
4 Takip Edilen15K Takipçiler
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Indexed Finance
Indexed Finance@ndxfi·
1/10 If you have any delegated NDX voting shares, please read this. For the TL;DR - there are two transactions we're asking you to execute at the end of this post.
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Indexed Finance
Indexed Finance@ndxfi·
Burning DEGEN into all of the underlying assets is currently impossible because of the old RSR token being bricked. RGT only makes up ~9% of DEGEN, so taking the price impact of a single-token burn (effectively a swap) may not make sense depending on your DEGEN balance.
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Indexed Finance
Indexed Finance@ndxfi·
Once the conversion period ends, there are no guarantees about the continued value of RGT. You can exchange RGT for TRIBE here: jointhetribe.xyz
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Indexed Finance
Indexed Finance@ndxfi·
Hi everyone, due to the $RGT -> $TRIBE conversion period (following their merger) ending tomorrow, and the fact that RGT remains in the $DEGEN index, DEGEN holders should consider a single-asset burn to RGT and subsequent swap to TRIBE or any other asset. indexed.finance/index-pools/de…
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Indexed Finance
Indexed Finance@ndxfi·
If you have the index tokens on Polygon or Arbitrum, you'll need to bridge back over to mainnet in order to redeem.
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Indexed Finance
Indexed Finance@ndxfi·
The redemption app is now available. Head to drain-reversal.netlify.app and connect your wallet that's got DEFI5/CC10/FFF or their LP tokens within it. Give it a second to load, and you'll have a one-click transaction to burn those tokens and receive the underlying assets.
Indexed Finance@ndxfi

Proposals 22 and 23 executed. Instructions will go up soon on how holders can burn their DEFI5/CC10/FFF tokens (or their LPs) for underlying assets, as well as a site enabling this as a one-click exit.

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Indexed Finance
Indexed Finance@ndxfi·
The proposals work in lock-step: they either both pass together, or they both fail. Assuming that they pass, the redemption process will begin in five days.
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