@@ -5,39 +5,31 @@ const nDEFI: React.FC = () => (
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< >
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< NestHeader > Description</ NestHeader >
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< p >
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- The Polly DeFi Nest is divided into key DeFi sectors, which are given a
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- weighting reflecting their maturity and share of the overall market.
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- Within those sectors, each project is weighted on the TVL divided by Fully
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- Diluted Valuation (FDV).
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+ The Polly DeFi Nest takes the top 5 projects by TVL on Defillama, which
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+ have liquidity on Polygon. Each project is weighted on the TVL divided by
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+ Fully Diluted Valuation (FDV).
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</ p >
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< NestHeader > Objective</ NestHeader >
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< p >
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To generate revenue a defi project needs value deposited into their
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contracts. This makes Total Value Locked (TVL) a key metric for evaluating
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- a project's ability to generate revenue. Projects with a high TVL are also
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- likely to gain more traction in the market through the network effects the
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- existing capital provides - capital attracts more capital. A good example
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- of this is with Yearn Finance. Yearn was able to generate massive amounts
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- of revenue as a result of the large amount of capital they attracted. This
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- gave them the resources to further develop and innovate their products in
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- a positive feedback loop. Yearn’s success has led to many projects such as
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- Alchemix and Abracadabra using their products and liquidity as a base
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- layer to build on.
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+ a project's ability to generate revenue.
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</ p >
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< p >
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- nDEFI is composed of the strongest components in the DeFi ecosystem,
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- striving to provide core coverage of the key building blocks for the
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- future of finance. With nDEFI you’ll have exposure to infrastructure,
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- lending markets, decentralized exchanges, synthetics, and yield
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- aggregators. The unique weighting formula allows the nest to invest in
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- projects gaining traction earlier and with a greater weighting than market
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- cap weighted nests.
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+ Projects with a high TVL are also likely to gain more traction in the
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+ market through the network effects the existing capital provides - capital
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+ attracts more capital.
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</ p >
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< p >
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- The Polly DeFi Nest will provide the crypto industry's first automated
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- value investing, decentralized, tokenized portfolios. When you add the
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- prospect of the underlying tokens being put to work to earn yield.
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+ The weighting formula allows the nest to invest in projects gaining
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+ traction earlier and with a greater weighting than market cap weighted
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+ competitors, attempting to invest more in projects that could be
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+ undervalued by the market.
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+ </ p >
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+ < p >
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+ The Polly DeFi Nest will provide the crypto industry's first automated,
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+ yield bearing, value investing, decentralized, tokenized portfolios.
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</ p >
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< NestHeader > Criteria</ NestHeader >
@@ -48,14 +40,14 @@ const nDEFI: React.FC = () => (
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</ p >
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< NestSubHeader > Characteristics</ NestSubHeader >
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< NestList >
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- < li > Be a DeFi project available on the Ethereum blockchain.</ li >
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- < li > Listed on DefiLlama</ li >
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< li >
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- Have at least 7.5% of the total supply in circulation and have a
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- predictable token emission over the next 5 years.
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+ The protocols will be selected by TVL based on DeFiLlama’s website.
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</ li >
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+ < li > Have at least $250k liquidity on Polygon.</ li >
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+ < li > Have a Chainlink Price feed on Polygon.</ li >
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< li >
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- The protocols will be selected by TVL based on DeFiLlama’s website.
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+ Have at least 7.5% of the total supply in circulation and have a
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+ predictable token emission over the next 5 years.
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</ li >
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< li >
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The protocol must be running for 3 months before qualifying to be
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