Launch Notice of The BNC Blockchain Interoperability Index
Brave New Coin is launching the BNC Blockchain Interoperability Index (BBIX) according to the initial constituent weights attached.
The launch date has been set for 21st, December, 2020 at 08:00 am (UTC), with an index base value of 100.
Constituents were chosen by selecting the 10 largest eligible assets by free-float market capitalization. Constituent weights were also determined by free-float market capitalization and where necessary, weights were capped based on the index cap of 25% and subjected to a minimum turnover requirement of 10 basis points.
Initial constituent weights:
| Ticker | Name | Weight (%) |
|---|---|---|
| LINK | ChainLink | 25.00 |
| ADA | Cardano | 25.00 |
| DOT | Polkadot | 18.93 |
| ATOM | Cosmos | 18.67 |
| REN | Ren | 3.20 |
| ICX | Icon | 3.18 |
| BAND | Band Protocol | 1.92 |
| ZEN | Horizen | 1.76 |
| AVAX | Avalanche | 1.25 |
| KAVA | Kava | 1.09 |
Please see the below public release for full details on this announcement.
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