What is 1X Short DeFi Index
1X Short DeFi Index Token (DEFIHEDGE) is an ERC20 token which seeks a return that corresponds to -1 times the daily return of DeFi Index.
1X Short DeFi Index vs Stoic
It's almost impossible to predict which cryptocurrency will eventually emerge as the leader.
There is no guarantee that In 5 years, DEFIHEDGE would still even exist. Another faster and cheaper blockchain might capture the majority of developers, users, and capital. Or some critical failure of DEFIHEDGE might derail its progress.
Because the probability of guessing the winner is low, it's better to use a portfolio approach and buy all possible contenders, including DEFIHEDGE.
Stoic builds a portfolio by using hedge fund-grade quantitative research and AI to build a portfolio of crypto assets.
The algorithm analyzes price data, returns, volatility, correlations, and other factors to identify coins that are likely to go up. It then rebalances the portfolio daily to cut losses early and take profits regularly. Stoic is a great alternative to researching coins and trading manually.
Over 12,000 people already use Stoic to automate their crypto investing.