DMX-Amun DeFi Momentum IndexDetailed Description

DMX-Amun DeFi Momentum Index Detailed Description

Amun's DeFi Momentum Token (DMX) is comprised of the top eight DeFi tokens based on price momentum in the Ethereum ecosystem. DMX holdings operate in areas such as trading, lending, yield farming, data oracles, insurance, prediction markets, synthetic assets, and stablecoins. The components of the index are equally weighted. Depending on the circumstances, the holdings may be rebalanced on a daily basis and the holdings may be rebalanced on a monthly basis. Holders of DMX own a fraction of the base token, which can be redeemed by burning index tokens.