Index Coop will include BadgerDAO in the DeFi Pulse DPI index | DeFI News & Alerts

Index Coop will include BadgerDAO in the DeFi Pulse DPI index starting in August

BADGER, which is an Ethereum-based bitcoin yield management protocol token BadgerDAO, will be included in the DeFiPulse Index (DPI) token starting in August. Index Coop announced this on June 26, noting that the inclusion of BADGER will be delayed by one month due to prioritizing other updates.

The DPI token is a market capitalization weighted index covering the 10 most popular Ethereum-based DeFi tokens listed on decentralized financial data aggregator DeFiPulse.

The DPI index token is updated on the first day of each month, adjusting the distribution according to supply and price data provided by CoinGecko. Tokens will not be assigned a weight greater than 25% during rebalancing.

As of this writing, UNI has the largest distribution in the DPI index at approximately 26.5%, followed by AAVE with 18.4%, MKR with 13.5% and COMP with 9.3%.