Amun DeFi
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Token Design
The Amun DeFi Index (DFI) is an ERC-20 standard token that represents an index of the top coins in the decentralized finance (DeFi) space. Anyone who holds DFI has exposure to the underlying coins stored in the smart contract 0xA9536B9c75A9E0faE3B56a96AC8EdF76AbC91978. The value of DFI therefore also tracks with the real-time market values of DeFi. By purchasing a token, a user essentially holds an equal proportion of its underlying constituents, which will consist of the top protocols. The tokens will be available initially through decentralized exchanges or creations directly with our contract.
These tokens will follow the ERC20 standard meaning holders can freely transfer to any address they like. It will also utilize a Chainlink oracle that will provide the price feed information for rebalances with the necessary details about allocations. In addition, in order to ensure executions are taking place without the need of a centralized authority we will be utilizing Decentralized Exchanges (DEXes). To prevent large orders from having a significant price impact our contracts are integrated with DEX aggregators who spread orders across multiple venues.
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