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How is Index rebalancing achieved?
The ecosystem tokens will be rebalanced on a monthly basis on the first of the month in order to ensure proper tracking of the constituent index. In the event that the top ecosystem token weightings have not changed, no rebalance will occur for that month.
How is Minting/Burning processed?
When a user mints or burns PECO, the funds they provide are used to buy/sell the underlying assets and mint/burn the corresponding amount of PECO for the customer. While minting/burning incurs higher gas fees than swapping, it ensures that the transaction reflects the exact NAV (Net Asset Value) of the token.
Is there a maximum supply cap for your Index Tokens?
As this is an index token, there is no max supply. This token can be minted and burned 24/7.
How do you maintain the peg?
There is no peg, the index token is minted from the underlying tokens and represents the value of everything in the basket. The token can be burned to receive the underlying back in return.
Are your Index Tokens backed by assets in their relevant ecosystem? Is it redeemable?
Yes it is, have a look at our medium article for that. We have liquidity from Qi Dao, Adamant and DFYN. Yes, it is redeemable. The white paper lists the process.
Where can I buy the tokens?
Tokens are currently available on tokens.amun.com as well as several decentralized exchanges.
What wallets are supported?
You need MetaMask, WalletConnect, or one of several other supported providers to acquire tokens on the Amun DeFi platform. We strongly recommend MetaMask.