Crypto Texan 🦉 Profile picture
Crypto since 2017. Commercial Banker for 20 years. @IndexCoop $DPI $MVI $FLI $BED 🦉 Not Financial Advice (ever). cryptotexan.eth
14 Jul

14 DeFi Tokens All Wrapped Into ONE

- The S&P 500 of DeFi 📈
- Strict/transparent token inclusion criteria 🤓
- Redeem underlying tokens any time 💰
- Market-cap weighted 🏋🏼‍♂️
- Auto-rebalancing ⚖️
- Socialize transaction costs ⛽️
- Diversified #DeFi 😎

$DPI Thread 🧵 👇🏼

What is the DeFi Pulse Index token $DPI?

The DeFi Pulse Index is a capitalization-weighted index that tracks the performance of decentralized financial assets across the market.

Cool video by @earth_maze

DPI is a crypto index designed to track DeFi’s performance. Market cap-weighted based on circulating supply, DPI tracks projects in #DeFi that show a commitment to ongoing maintenance and development.

@sassal0x explains on @BanklessHQ podcast

Read 6 tweets
13 Jul
1 - Everyone’s a genius in a bull market. Real traders can survive and even thrive in bear markets or highly volatile markets.

2 - Don’t be a blind bull. ALL markets are cyclical. Don’t be afraid of pullbacks or market crashes – that’s where you can make the most money.
3 - There’s a big difference between a trade and an investment.

4 - Fully plan your trade before you pull the trigger on the entry.

5 - Entries are important, but risk & money management is where you make or lose money.
6 - Beware of get-rich-quick gurus hopping on the crypto bandwagon over the past year. They will be back.

7 - Decide which types of trade setups or investments you’ll take and ignore everything else.
Read 24 tweets
9 Jun
🇸🇻 El Salvador has approved #Bitcoin as legal currency.

El Salvador has:
Pop. - 6.5M
Unbanked Adults - 60%
Mobile Phone Connections - 1.45/person
Internet Users - 59%
Active Social Media Users - 59%

Is this a benchmark for #DeFi adoption? Who's next?

A short thread
1/ 🧵👇
2/ 🇨🇴 Colombia 🇨🇴

Colombia has:
Pop. - 16.5M
Unbanked Adults - 65%
Mobile Phone Connections - 1.19/person
Internet Users - 69%
Active Social Media Users - 69%
3/ 🇮🇩 Indonesia 🇮🇩

Indonesia has:
Pop. - 270M ⭐️
Unbanked Adults - 52%
Mobile Phone Connections - 1.24/person
Internet Users - 64%
Active Social Media Users - 59%
Read 11 tweets
7 Jun
The future is #DeFi, and the future is #DAO 🏗️

$DPI (DeFi Pulse Index) was created to be a passive investment vehicle for broad exposure to the DeFi Sector. 💰

Updated allocations for the index are below, as of 6/7/2021.

📰News you probably already know: A thread.

1/ 👇🧵 Image
3/ @AaveAave

$Aave will be implementing the first wave of exploring new scalability frontiers with @0xPolygon…
Read 16 tweets
7 Jun
Most undervalued sector in crypto with the greatest L2 potential? The Metaverse.

✨The Metaverse Index is 15 tokens in ONE✨

$MVI is a basket of tokens capturing the trend of NFTs, entertainment, sports, & business shifting to a virtual environment.

What's in the $MVI?

2/ $ENJ - @enjin - 16.2% of the $MVI

#Enjin allows game developers to tokenize in-game items on the #Ethereum blockchain. It uses $ENJ, an ERC-20 token, to back the digital assets issued using its platform, meaning that items can be bought, sold and traded with real-world value.
3/ $MANA - @decentraland - 14.9% of the $MVI

#Decentraland is a decentralized VR world. Where you can purchase land, build on it, monetize, and immerse into the applications and content that is built by other users. Land and in-game currency give users complete ownership.
Read 21 tweets
31 May
How to get more from your DeFi Pulse Index $DPI

#1/8 Broad Exposure to DeFi - $DPI is used to give users diversified exposure to the top #DeFi blue chips.
14 top DeFi protocols in ONE token.

Article credit:@Mringz @davidesilverman


Liquidity Providing (LPing) - LPing for $DPI / $ETH on a DEX like @Uniswap, @loopringorg or @SushiSwap enables DPI holders to earn a portion of the trading fees.

$SUSHI - Onsen program = extra rewards in SUSHI

$UNI - Largest pool for DPI

$LRC - ZK roll-up = less gas fees Image

Liquidity Mining - In addition to the trading fees earned by providing liquidity to DEX pools, LPers can earn additional rewards by staking their $DPI / $ETH LP tokens via the @indexcoop website to receive rewards in $INDEX tokens.

Index Coop - Est. target APY: 12% (INDEX) Image
Read 8 tweets
24 May
#DeFi was battle-tested in last week's dip, that would have sent TradFi into turmoil.

DeFi Pulse Index $DPI gives broad market-cap weighted exposure to blue-chip protocols in the DeFi space.

14 DeFi tokens wrapped into ONE!

Current $DPI allocations 👇 1/16

Video: @earth_maze
$AAVE - #Aave - 21.09%
@AaveAave is a decentralized money market protocol where users lend and borrow crypto using crypto as collateral. Lenders earn interest by providing liquidity, borrowers borrow by collateralizing their crypto to take out loans from the liquidity pools. Image
$UNI - #Uniswap - 20.38%
@Uniswap is a DEX that allows users to swap ERC-20 tokens on #Ethereum with no centralized intermediary. Traders are not exposed to the security risks of a centralized exchange. V3 allows for "concentrated liquidity" which limits impermanent loss. Image
Read 16 tweets
11 May
14 DeFi Tokens all wrapped into ONE
- The S&P 500 of DeFi
- Strict/transparent token inclusion criteria
- Redeem underlying tokens any time
- Market-cap weighted index
- Auto-rebalancing monthly
- Eliminate costly transactions
- Diversified #DeFi Portfolio

DeFi Pulse Index $DPI
Each $DPI token contains (as of 5/11):

$UNI - 23.1%

$AAVE - 17.4%

$MKR - 14.4%

$COMP - 13.0%

$SNX - 8.0%

$YFI - 7.7%

$SUSHI - 6.8%

$REN - 2.5%

$BAL - 2.2%

$KNC- 2.1%

$LRC - 2.0%

$FARM - 0.3%

$CREAM - 0.3%

$MTA - 0.2%
The $DPI is a crypto-native digital asset index for #DeFi. The index is weighted based on the circulating supply. #DPI tracks projects with significant usage, maintenance and development.

@sassal0x explains on @BanklessHQ podcast
Read 7 tweets