it is much lower

Plus fees will eat you if you're a small fish on dydx, be careful

What do you recommend trading on if you’re a small fish? Binance?

if you have access to binance.com, yes

Googling "how to stay strong"

ETH BAT ALGO CKB CRO LINK SAND

what else do i need to add?

Gaming

Yes I forgot SAND.

I like when I buy a coin the price immediately goes down

I will never financially recover

Mood

Grayscale Adds Flexa’s AMP to DeFi Fund, Removes BNT, UMA in Quarterly Rebalancing

Grayscale Investments, which runs the Grayscale DeFi Fund and Grayscale Digital Large Cap Fund, announced in a release on Monday updated fund component weightings for each product in connection with the funds’ quarterly reviews.

Rebalancing of the Grayscale DeFi Fund followed quarterly reconstitution of the CoinDesk DeFi Index (DFX), which the fund tracks.

New York-based Grayscale is owned by Digital Currency Group, the parent company of CoinDesk.

CoinDesk Indices launched the CoinDesk DeFi Index (DFX) in July. At the same time, Grayscale announced the Grayscale DeFi Fund. The DFX output is available live on tradeblock.com, the website of CoinDesk Indices’ wholly owned index calculation agent.

Quarterly reconstitution of the DFX resulted in the removal of two cryptocurrencies and the addition of one. Universal market access (UMA) and bancor (BNT) were removed from the index, and Flexa’s amp (AMP) was added. The DFX is a market-cap-weighted basket of cryptocurrencies, representative of the DeFi (decentralized finance) category, as defined in the CoinDesk Indices Digital Asset Classification Standard.

In accordance with the CoinDesk DeFi Index reconstitution, Grayscale adjusted the DeFi Fund’s portfolio by selling certain amounts of the existing fund components in proportion to their weightings and using the cash proceeds to purchase amp (AMP).

As a result of the rebalancing, bancor (BNT) and universal market access (UMA) have been removed from the DeFi Fund.

AMP is the native token of the Flexa network, a payment network that enables crypto-collateralized payments at physical stores and online.

Flexa uses the AMP token to collateralize digital asset payments while they are confirmed on their blockchains and settles the payments in fiat to the recipient.

By enabling payments through the Flexa network, supporting merchants can more easily and confidently accept payment in BTC, ETH and other digital assets. The Flexa network is one of a number of projects intended to accelerate the development of the blockchain into a mature peer-to-peer money system, according to Grayscale.
DeFi Fund’s components as of Monday:

At the end of the day on Monday, the DeFi Fund’s Fund Components were a basket of the following assets and weightings.

Uniswap (UNI), 42.33%

Aave (AAVE), 13.06%

Curve (CRV), 10.63%

MakerDAO (MKR), 8.99%

Amp (AMP), 7.39%

At the end of the day on Monday, the Digital Large Cap Fund’s components were a basket of the following assets and weightings:

Bitcoin (BTC), 60.50%

Ethereum (ETH), 30.13%

Solana (SOL), 3.56%

Cardano (ADA), 3.05%

Uniswap (UNI), 0.77%

Chainlink (LINK), 0.71%

Litecoin (LTC), 0.69%

Bitcoin Cash (BCH), 0.59%

Neither the DeFi Fund nor the Digital Large Cap Fund generates any income, and both regularly distribute fund components to pay for expenses. Therefore, the amount of fund components represented by shares of each fund gradually decreases over time.

(Noone cares about Gayscale)

why do these people still hold Litecoin? isnt it dead

It’s digital silver

you mean you came back from november 2022

you reach a point of numbness sooner or later

The Z-Cash God really bringing us the greenest of prophecies

hopefully I get to buy the crash by the end of the month

i’m not even moving anything now. we trust the crypto market

rockin a turban 👳🏾‍♂️