Thread by @powerpoolcvp

🎱 PowerIndex v2 is coming with Unlimited ETF:
medium.com/powerpool/powe…
🍑 $ASSY is the first #PowerIndex v2 product based on Dynamic weights changing and $AAVE $SUSHI $SNX staking more about v2 👇

1/
DeFi ETFs shouldn't be limited by what defines a traditional ETF. Sky's the limit. What about complex automatically traded portfolios based dynamically changing weights in AMM based on strategy and triggers?

2/
It is necessary for complex ETDs containing LP tokens (aTokens, cTokens, Yearn Vaults, Uniswap/Sushiswap/Balancer LP tokens), complex financial instruments such as futures/options, algorithmic assets. USD Billions TVL is there!

3/ PowerIndex v2 Unlimited ETF is a financial lego for automatically traded portfolios and ETFs with an incredible level of flexibility:
🎱 Dynamic AMM weights changing triggered by M.Cap TVL volatility token prices
🎱 Vaults for pooled assets, staking, #MetaGov

4/ How it works?
🎱 Dynamic AMM -> the Core
🎱 Wrapped and Router contracts -> strategy
🎱 #PowerOracle -> data feeds and triggers

5/ The goal of PowerIndex v2 is consolidation of billions of USD of currently fragmented liquidity and benefit LPs based on strong network effects, integrations, and a new level of composability.

6/ The first PowerIndex v2 product: 🍑$ASSY
gov.powerpool.finance/t/proposal-dis…
🎱 Concentrated bet on $AAVE $SNX $SUSHI $YFI
🎱 Dynamic AMM: weights changing based on M.Cap - bigger weight for gainers!
🎱 $AAVE $SUSHI $SNX staking for additional APY

7/ Yearn Lazy APE index: great example of Unlimited ETF
gov.powerpool.finance/t/proposal-yea…
🎱 Single entry/exit point to six yVaults
🎱 TVL-adjusted weights changing in AMM
🎱 Direct join/exit with stablecoins
🎱 The only liquid pool for yVaults