BED
Bankless BED Index
$75.65
1.83%
Bankless BED Index
BED
$75.65
1.83%
Bankless BED Index Price Converter
Bankless BED Index Information
Bankless BED Index Markets
About Bankless BED Index
Bankless proposed that the Index Coop manage a Set based on an index of Crypto’s most investable assets, BTC, ETH, and DPI, in equal weight. This construction — known as the BED Index or Bankless BED Index — seeks to give safe, passive exposure to a vehicle that captures equal-weighted upside from the most promising use cases and themes in crypto: store of value, programmable money, and decentralized finance.
Methodology
The BED index is meant to track crypto’s top 3 investable assets.
- Scope: The index includes the top 3 investable assets with real usage and large capitalizations around the theme of blockchain: BTC, ETH, DeFi (DPI).
- Weighting: Neutral construction, equal weight
- Rebalancing: First Friday of every month
The composition is:
- 33.3% Bitcoin
- 33.3% Ether
- 33.3% DPI
The underlying index is rebalanced after the close of trading on the first Friday of each calendar month. The Fund is rebalanced in accordance with its Underlying Index.
Component Selection
Market Requirements
- The components must have a Large cap valuation $25b+ [If an Index, the corresponding token market caps must have a sum of >$25b].
- The components must show signs of heavy usage either as a network (btc, eth) or smart contract theme (DeFi).
- The assets must have sufficient liquidity for initial inclusion and rebalances.
Safety Requirements
- Assets and themes within the Bankless BED Index should have vast, well-established safety guarantees.
- Any network/protocol must have conducted sufficient security audits and/or security professionals must have reviewed the protocol to determine that security best practices have been followed.
Index Maintenance
Determination Phase
The determination phase takes place during the fourth week of the month. It is the phase when the changes needed for the next reconstitution are determined.
Reconstitution Phase
The determination phase takes place during the fourth week of the month. It is the phase when the changes needed for the next reconstitution are determined.
The BED index is meant to track crypto’s top 3 investable assets.
- Scope: The index includes the top 3 investable assets with real usage and large capitalizations around the theme of blockchain: BTC, ETH, DeFi (DPI).
- Weighting: Neutral construction, equal weight
- Rebalancing: First Friday of every month
The composition is:
- 33.3% Bitcoin
- 33.3% Ether
- 33.3% DPI
The underlying index is rebalanced after the close of trading on the first Friday of each calendar month. The Fund is rebalanced in accordance with its Underlying Index.
- The components must have a Large cap valuation $25b+ [If an Index, the corresponding token market caps must have a sum of >$25b].
- The components must show signs of heavy usage either as a network (btc, eth) or smart contract theme (DeFi).
- The assets must have sufficient liquidity for initial inclusion and rebalances.
- Assets and themes within the Bankless BED Index should have vast, well-established safety guarantees.
- Any network/protocol must have conducted sufficient security audits and/or security professionals must have reviewed the protocol to determine that security best practices have been followed.
The determination phase takes place during the fourth week of the month. It is the phase when the changes needed for the next reconstitution are determined.
