Buy Indexed Finance (NDX)

What is Indexed Finance?

Indexed Finance is a project focused on developing passive portfolio management strategies on the Ethereum network. It aims to provide decentralised and automated portfolio management solutions by creating diverse indices of tokens using smart contract technology.

How does Indexed Finance work?

Indexed Finance operates on the Ethereum blockchain, leveraging smart contracts to create and manage indices. These indices automate portfolio management by using predefined strategies to maintain optimal token compositions within each index. The project uses Ethereum’s Proof of Stake (PoS) consensus mechanism and allows token holders to engage in governance decisions through voting.

What are the potential use cases for Indexed Finance?

Indexed Finance supports several use cases including:

• DeFi Index Investing: Offering indices representing various themes within the cryptocurrency ecosystem.
• Passive Portfolio Management: Allowing users to invest in diversified token baskets with minimal intervention.
• Governance Participation: Enabling NDX token holders to vote on protocol and index management.
• Asset Management: Providing a transparent and efficient way to manage crypto assets.
• DEX and Liquidity Pools: Integrating with decentralised exchanges to automate index rebalancing and yield generation.

What is the history of Indexed Finance?

Founded in December 2020 by Dillon Kellar and team, Indexed Finance was conceptualised to replicate traditional index funds using Ethereum's blockchain. Notable events include a significant hack in 2021 which led to proactive recovery efforts and the project's defence against subsequent DAO hijacking attempts in 2023. The team continues to enhance its governance model and expand market presence through integration with DeFi platforms and wallets.