What is Amun DeFi Index
The index queries the CoinGecko API for the list of top DeFi protocols by market capitalization. Non-Ethereum based protocols, stablecoins, and synthetic assets are excluded from the list. The top eight protocols are selected and equally weighted in the index. The index is rebalanced monthly to include any new tokens and redistribute weights. When DFI tokens are burned, the owner receives the equivalent amount of constituent tokens.
Amun 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, DFI would still even exist. Another faster and cheaper blockchain might capture the majority of developers, users, and capital. Or some critical failure of DFI 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 DFI.
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.