Corporate Action Annoucement for the BNC DEFI Index (BBDX)

AAVE will replace LEND as an asset constituent in the index. This was prompted by the recent token migration of LEND to AAVE in the ratio 100:1 (LEND:AAVE). The change will retain all constituent weightings as at the last rebalancing. Therefore, the constituent weight of LEND will be allocated entirely to the new constituent, AAVE. For more information please download the explanatory PDF below.