Index Tokens
Index and Strategies by VISP on BNB-Chain
VISP Index Tokens offer broad exposure to the crypto market through a single tokenized asset, representing a diversified portfolio of key cryptocurrencies and platform tokens. These tokens track a curated selection of assets, weighted by market cap or circulating supply, with automated rebalancing to manage risk and capture market performance. VISP tokens help reduce individual asset risks while providing exposure to the overall growth of the crypto market.
Key Features
Macro Exposure: VISP's Index Tokens track the performance of major crypto assets, providing diversified exposure to the market. Investors gain access to multiple assets in one token, minimizing the risks tied to individual cryptocurrencies.
Fully Collateralized: Each Index Token is backed by decentralized smart contracts that hold the underlying assets in a secure on-chain wallet. These trustless contracts ensure transparency and security, eliminating reliance on centralized intermediaries.
Easy Creation and Redemption: Users can quickly mint or redeem Index Tokens via the VISP Web3 dApp. The Flash Mint smart contract allows for the efficient conversion of tokens into their underlying assets, simplifying the process.
Tokenized Asset Management: With VISP's Flash Mint technology, managing portfolios is fast and user-friendly. Users can mint or redeem Index Tokens directly from the dApp, reducing complexity and making crypto investing more accessible.
On-Chain Asset Storage: All underlying assets are securely held in on-chain wallets, ensuring they are always traceable and protected, eliminating custodial risk.
Regular Review & Rebalancing: VISP periodically reviews and rebalances the assets within each Index Token to maintain alignment with market conditions and strategies.
Token Inclusion Criteria
VISP Index Tokens are selected based on Vingt.io's methodology to ensure high-quality tokens. Tokens must demonstrate a strong, engaged community, comply with regulations to avoid being classified as securities, and have sufficient liquidity for handling large transactions.
Tokens excluded from the index include meme coins, insolvent projects, or those with low circulating supply. Projects with structural issues, unknown developers, Ponzi-like characteristics, or a focus on tokenized derivatives and competitive trading are also disqualified.
Additionally, eligible projects must have been live for at least 180 days and be widely recognized for developing sustainable products.
Index Tokens (BNB Chain)
BSK (Basket Index Token): offers a diversified portfolio of major cryptocurrencies, including BTC, ETH, BNB, and USDT. Weighted by circulating supply, BSK provides balanced exposure to high-market-cap assets, promoting stability and reducing risk in the volatile crypto market.
PLT (Platform Index Token): tracks leading platform tokens, using a capitalization-weighted approach. Tokens are selected from the top 100 by market cap, with no single token exceeding 30% or falling below 5% during rebalancing. This index adapts to market conditions, ensuring broad exposure to the top platform tokens.
SIT (Stable Index Token): is composed of the top three stablecoins, offering diversified exposure to minimize the risks associated with any single stablecoin losing its USD peg. SIT provides a safer, balanced approach to holding stablecoins in one portfolio.
BSK (Basket Index Token)
Neutral Construction of BTC, ETH, BNB, and USDT Equally
BSK would be rebalanced on the first day of each quarter
1.25%
BNB Chain
PLT (Platform Index Token)
BNB 26%
ETH 22%
USDT 8%
ADA 9%
MATIC 9%
XRP 5%
DOT 7%
AVAX 4%
SOL 5%
INJ 5%
The Platform Index Token is maintained quarterly (in January, April, July, and October)
1.25%
BNB Chain
SIT (Stable Index Token)
Neutral construction of stable coins USDC, DAI and USDT Equally
Stable Index Token (SIT) does not require regular rebalancing
0.25%
BNB Chain
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