Linear & PieDAO ℓDEFI Rebalancing
Linear & PieDAO ℓDEFI Rebalancing with the table and pie chart showing the resulting percentage allocations.
It’s time for the monthly rebalancing of the ℓDEFI index.
For those not familiar with the rebalancing process it can be simplified into the following steps:
PieDAO provides Linear with the current month’s weightings in spreadsheet format → Linear provides its Oracle partners the spreadsheet → the Oracle partners provide Linear with the updated price data feed for ℓDEFI.
The table and pie chart below shows the resulting percentage allocations which were computed by adjusting the average market cap of all underlying’s over the past 30 days.
About Linear Finance
Linear Finance is a cross-chain compatible, decentralized delta-one asset protocol. It allows users to get synthetic exposure to various assets, including cryptocurrency, commodities, and market indices. Users can utilize our cross-chain swap functionality to instantly swap assets across leading blockchain environments and DeFi protocols. With unlimited liquidity and zero slippage.
About PieDAO
PieDAO is a community DAO focusing on tokenising automated wealth creation strategies. The DAO’s first line of products are Balancer Smart Pools, constant weight index funds, PieVaults, yield-generating tokenized portfolio allocations with productive assets, and The Oven, a system that allows users to save gas on expensive transactions by batching them together.
SOURCE:
https://medium.com/linear-finance/ℓdefi-july-rebalancing-41caf3b2d45b
