My proposal to grow DAO Maker

DAO Maker Index (DMI)

Simplicity, diversification, not much knowledge required is a huge advantage of index investing.

The past few months have featured the launch of a handful of new crypto indices, allowing anyone to gain exposure to the innovation in open finance.

Better yet, with the proliferation of liquidity mining, many of the tokenized indices offer bonus yields in return for becoming a liquidity provider.

So let’s explore an example DMI index and the expected features.

DAO Maker Index (DMI) will be a weighted index of market capitalization, which represents the best tokens that use the services of DAO Maker. The largest assets in the index will be the DAO token, which will make up 40% of the index. The remaining 60% of coins can be selected from this list:

The assets held in the DMI are actually redeemable for the underlying assets, meaning you can always redeem 1 DMI for the underlying basket of tokens. Or is the DMI a synthetic asset that tracks the price of underlying assets, rather than having the option to buy back all assets.

Example: DAO Maker Index (DMI)

1. Number of Assets: 5
2. Largest Allocation: DAO 40%
3. Smallest Allocation: Plotx 5%
4. Liquidity Mining: Yes

Other assets: AVAX 25%, INJ 15% and LTO 15%

Buying into an index is the best way to get a diversified exposure to a market. You don’t have to worry much about the nuances behind open finance, giving you peace of mind when it comes to your crypto portfolio.

I think this is an interesting way to develop the DAO Maker ecosystem.