Blue-Chip DeFi ETP

BNC Blue-Chip DeFi ETP

BNC Blue-Chip DeFi ETP (Exchange-Traded Portfolio) is a physical representation of the BNC Blue-Chip DeFi Index, issued on Balancer Protocol. The ETP mimics the constitution and weights of the index.

The ETP is rebalanced in alignment with the index, providing traders an opportunity to get non-synthetic exposure to the assets that are made up of the index, and/or speculate on arbitrage between the price parity of the index-powered perpetual swaps and the spot market for ETP.

SIGN UP
Powered by Balancer,

an Ethereum-based liquidity pool and asset management platform.

BNC Blue-Chip DeFi ETP

TOKEN TICKER

BBDX-ETP

TOKEN PRICE

TBA

AUM

TBA

RETURN ITD

TBA

BENEFITS OF THIS ETP

NON-CUSTODIAL

Ethereum smart contracts replace intermediaries and ensure safe asset storage. You are in full control of your funds at all times.

PROGRAMMABLE

Plug & play architecture of DeFi, allows us to programme the portfolio to behave as per set parameters, eliminating a risk of human error.

TRANSPARENT

Software replaces intermediary to ensure transactions validity and assets storage. At all time you are in control of your funds, not the bank.

LOW-COST

DeFi helps us to significantly reduce back- and mid-office costs, which means you pay less commission. No hidden front or back load fees.

FACT SHEET
PRODUCT BROCHURE
METHODOLOGY

ETP CONSTITUENTS

BNC Blue-Chip DeFi ETP Overview

ETP Thesis

Decentralised Finance (DeFi) is an open-source and transparent financial service ecosystem that represents a broad category of applications built on decentralised networks. Some of these products and services include decentralised marketplaces & exchanges, asset issuance, insurance, checking accounts, investment services, borrowing and lending, asset management and prediction markets.

BNC Blue-Chip DeFi ETP (Exchange Traded Portfolio) is a physical representation of the BNC Blue-Chip DeFi Index, issued on Balancer Protocol. The ETP mimics the constitution and weights of the index. It is rebalanced in alignment with the index, providing traders an opportunity to get non-synthetic exposure to the assets that are made up of the index, and/or speculate on arbitrage between the price parity of the index-powered perpetual swaps and the spot market for ETP.

BNC Blue-Chip DeFi Index tracks the real-time market performance of the largest DeFi assets. Launched in Sep 2020, this institutional-grade index is the first in the world to track DeFi assets across multiple pricing sources, at sub-second frequency. The index has a maximum basket size of 8 assets and is rebalanced quarterly based on a free float market capitalisation weighting with a cap of 25%.

BNC Blue-Chip DeFi ETP is exactly like the index, but physically holds onto the underlying assets in a non-custodial way, powered by Balancer.

Fact Sheet
TickerBBDX-ETP
Inception DateTBA
Index BaseBNC Blue-Chip DeFi Index
Constituent Amount8
Weighting MethodFree-Float Market Capitalisation with a 25% Cap
Rebalancing PeriodQuarterly
PlatformBalancer Protocol v1
BlockchainEthereum
BenchmarkUSD
StrategyPassive
FeesNo fees on v1;

Fees for v2 TBA (v1 to v2 migration will be optional)

Network (Gas) FeesSelf-service / paid directly by the investor
SubscriptionAnytime. Min US $10,000 (recommended)
RedemptionAnytime, no lockups
MaturityOpen-ended
Investor ProfileWholesale / Accredited

ETP TOKEN

$BBDX-ETP is a tokenised unit of the ETP, representing a pro-rata share the ETP’s underlying. View the token on:

Ethereum Block Explorer

ETHERSCAN

Market Data Provider

BRAVE NEW COIN

INDEX PERP

$BBDX can be traded as a perpetual swap with leverage on the following avenues:

Centralised Exchange

BTSE

Decentralised Exchange

LEVERJ

THE ETP IS TRADED AND AVAILABLE ON

PRIMARY ISSUANCE

BALANCER

SECONDARY MARKET

UNISWAP

SECONDARY MARKET

METRIC

SECONDARY MARKET

1INCH EXCHANGE

SECONDARY MARKET

DASSET

SECONDARY MARKET

ZAPPER

SECONDARY MARKET

ZERION

SECONDARY MARKET

ARGENT

SECONDARY MARKET

METAMASK

RISK CONTROL

Nexus Mutual

Understand the risks of using DeFi-based platform as outlined in our risk reports here, here, here, and here.

Hedge your exposure by getting covered against smart contract failure. You can purchase an insurance-like cover from our partners at Nexus Mutual and Unslashed Finance.

Unslashed Finance

HOW TO INVEST

STEP 1

STEP 2

STEP 3