Introduction
What if you could invest in the best of DeFi in seconds?
There are still a lot of unknowns about decentralised finance (also called DeFi), despite the fact that it is the future of finance. At first glance, we might imagine that we need to spend hours and hours analyzing the existing projects before we can position ourselves.
After reading this blog, you'll kno how to do it reliably without any hassle.
DeFi Pulse Index :
The best way to do this is to invest in a crypto that serves as a (predictable) index, just as there are many on the stock market. DeFi Pulse Index (DPI) lets you invest in a wide range of cryptocurrencies related to decentralised finance.
This option is excellent for being able to position yourself without having to choose from among the hundreds of existing protocols, investing in an index is more secure in the sense that you are less exposed to a possible failure of a protocol that is never excluded.
In fact, even if a protocol disappeared, the total balance would only be affected by a small percentage because the index is diversified!
Consequently, this investment offers serenity and less volatility; but also simplicity: in a few clicks, the most popular protocols and those undervalued are united under the same value.
You don't have to spend hours analyzing the fundamentals of different projects, their usefulness, current level of usage, etc. Efforts have been made upstream to take the best!
Among the DeFi icons included in this index are AAVE, Yearn, Lido Finance and Curve. They are all giants of decentralized finance, each with its own utility.
Conclusion
Therefore, the DeFi Pulse Index adds real value to the crypto ecosystem, making it easier to invest in cryptocurrencies through this type of asset. New indices will surely join it in making crypto-assets more accessible to people who don't want to invest in individual projects. It has a bright future ahead of it.