Running your own index has never been easier. And at MIWST, we build collaborative systems with your token or your favorite tokens, in a concept we like to call “grouphype”.
Each index can have its own index governance token (or IGT) for participants to make community decisions.
MIWST will create index baskets that use already-functional tokens or tokens that have built-in utilities as governance tokens for the indexes.
MIWST.Finance serves as the governing DAO for creating index sets and turning any cryptocurrency into a governance token for custom index sets.
$SCIFI is an active strategy crypto index, curated by industry experts. SCIFI invests into small to mid cap crypto projects that have significant growth potential.
$SCIFI is an active strategy crypto index, curated by industry experts. SCIFI invests into small to mid cap crypto projects that have significant growth potential.
Users can easily mint and redeem index tokens by interacting with a dedicated smart contract.
The index level is calculated through summing up the assets and their weights, and creating a mathematical ratio with the previous time unit’s index level.
The price of each asset is defined by the moving average of the past 2 minutes. Data will be sourced from multiple exchanges and protocols to obtain a probabilistic price measure.
Monthly rebalances can be initiated by each index, with the IGT serving as the governance voting mechanism for proposals.