Indexed Finance Launches NFTP - NFT Index Fund
Indexed Finance, a decentralized protocol for passive portfolio management in Ethereum, has launched an NFT index fund and issued an NFTP token. The index portfolio reportedly consists of tokens from the ten largest platforms using NFT.
Holding a token means holding multiple NFT projects under control. As of this writing, there are ten. That is, structurally, the index portfolio consists of ENJ (23%), MANA (17%), SAND (10%), SUPER (8%), AUDIO (8%), AXS (7%), ERN (6%), GALA (6%), RARI (4%) and NFTX (4%).
Indexed Finance also announced that it will launch a liquidity mining plan in 7 days, and LPs that provide liquidity for the NFTP/ETH trading pair will be rewarded with Indexed Finance's own token (NDX).
