crypto investors are forced to make decisions every day on which DEX is better, which NFT platform is better, and so on. For investors who are looking to make money in a short period of time, the situation is fine as it is, but for investors who have a long-term view of the entire ecosystem, the situation is not good.
What is MonoIndex
MonoIndex is a DAO that provides a new option for contributors who want to support DeFi, NFT, and the future web 3.0 ecosystem from a long-term perspective.
example of DeFi indivisual token VS Index token
Especially for developers and wise investors who are looking forward to the future of crypto from a long-term perspective, it will allow them to invest with less stress.
Rather than spending your time trying to earn money by holding tokens, you can spend your time creating your next product or doing something more productive. MonoIndex simplify investment.
Two types of tokens handled by MonoIndex
In MonoIndex, two types of tokens are handled: Approved Index token and Original Index token.
Investors who invest in index tokens handled by MonoIndex will be able to participate in liquidity mining provided by MonoIndex.
Example of Approved Index token
- DPI(DeFi Pulse Index)
- MVI(Metaverse Index)
- FLI(Ethereum 2x Flexible Leverage Index)
Example of Original Index token
- DEI(Decenralized Exchange Index)
- DLI(Decentralized Lending platform Index)
- CEI(Centralized Exchange Index (FTT + sBNB))
The token to be handled will be decided by a vote of the MID, which is the Governance token.
MonoIndex(MID) token
MID will be granted to early investors who invest in index tokens, and to early contributors such as developers who add functionality and maintain the MonoIndex.
MID are governance tokens, and can be used for various voting and polling purposes. MID holder can be used to determine the fee rate for Original index tokens, to determine the issuance of new original index tokens, and to participate in the governance of the MonoIndex.
Summary
- MonoIndex provides a simple solution and ecosystem for issuers of IndexTokens and investors in crypto assets.
- There are two types of tokens that MonoIndex will handle. We distinguish between externally issued tokens, such as $DPI and $NFTI (Approved Indextoken), and tokens issued within MonoIndex (Original IndexToken).
- By locking the specified LPtoken, the MID (MonoIndex) can be obtained.
- MonoIndex offers a solution to the liquidity problem for issuers of IndexTokens, and an incentive for investors to hold IndexTokens.
We’re looking for contributors!
We are looking for a developer or liquidity provider as we are currently developing with one person. Let’s use your power for MonoIndex, so that we can use it to create productive products, instead of wasting time on indivisuial tokens for smart people.
github：https://github.com/MonoIndex
gitbook：https://monoindex.gitbook.io
Twitter：https://twitter.com/0xMono