Launch Notice of The BNC Maker Vault Index
Brave New Coin is launching the BNC Maker Vault Index (BMVI) 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 8 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 | Chainlnk | 25.00 |
| YFI | Yearn.Finance | 20.51 |
| COMP | Compound Governance Token | 11.47 |
| BAT | Basic Attention Token | 11.23 |
| ZRX | 0x | 10.10 |
| LRC | Loopring | 7.84 |
| KNC | Kyber Network | 7.39 |
| BAL | Balancer | 6.46 |
Please see the below public release for full details on this announcement.
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