Digitalcoinprice.com needs to review the security of your connection before proceeding. We update Index Coop – ETH 2x Flexible Leverage Index forecast regularly with fresh values. We making a forecast of future prices for huge amount of digital coins like Index Coop – ETH 2x Flexible Leverage Index with technical analysis methods. This calculation shows how much cryptocurrency can cost if we assume that their capitalization will behave like the capitalization of some Internet companies or technological niches. If you extrapolate the data, you can get a potential picture of the future price for 2022, 2023, 2024, 2025, 2026, and 2027.
When the price hits the target price, an alert will be sent to you via browser notification. To receive alerts, please allow web browser notification permission. Maximum Leverage https://cryptolisting.org/ Ratio — the highest leverage ratio the index will ever have after a rebalance. Emergency deleveraging possible during Black Swan events for additional fund safety.
INDEX token holders will decide what else to make and when.Index Coop previously created the DeFi Pulse Index , which uses the Set Protocol under the hood just as FLI does. DPI packages together the top governance tokens in DeFi into one token. Buying ETH2x-FLI on the open market won’t be the only way to get it. Users can mint it directly, but that’s probably going to be more appropriate for advanced users with deeper pockets. It works best when there’s a dislocation between the market price of the token and the price Index at which Coop will mint, Lemonade Alpha explained. It’s very expensive in DeFi for a loan to fall below its collateral requirement, which can happen quickly when a collateral asset is volatile .
Information is for educational and illustrative purposes only. The Index Cooperative is not engaged in the business of the offer, sale or trading of securities and does not provide legal, tax, or investment advice. Cryptocurrencies and other digital assets are speculative and involve a substantial degree of risk, including the risk of complete loss. The Index Cooperative works hard to provide accurate information on this website, but cannot guarantee all content is correct, complete, or updated. A list of the top ETH 2x Flexible Leverage Index markets across all crypto exchanges based on the highest 24h trading volume, with their current price. Sign up for Crypto for Advisors, our weekly newsletter defining crypto, digital assets and the future of finance.
On the back end, ETH2x-FLI has done all the same transactions laid out in the examples above, which means there’s a bunch of collateral backing a bunch of loans. If the loans become undercollateralized the collateral gets slashed, and that hurts all holders of ETH2x-FLI. “Sometimes the leverage itself is going to be because the token is trying to be a What is ETH 2x Flexible Leverage Index safeguard for you,” Lemonade said. “A lot of people, when they think about leverage, they think about this BitMEX kind of casino, 25 times margin position,” Lemonade said. Leverage has been a killer use case for decentralized finance, starting all the way back with the money market Compound. But rarely has making such big bets required so little work.
The trading volume of Index Coop – Eth 2x Flexible Leverage Index is 24,689 in the last 24 hours. View the total and circulating supply of ETH 2x Flexible Leverage Index, including details on how the supplies are calculated. This is the price performance of ETH 2x Flexible Leverage Index . It shows the percentage gains and losses for each time period. The earliest trading data for Index Coop – ETH 2x Flexible Leverage Index is on December of 2021 . Over the last day, Index Coop – ETH 2x Flexible Leverage Index has had 0% transparent volume and has been trading on 29 active markets with its highest volume trading pairs being .
It has a circulating supply of 1.6 Million ETH2X-FLI coins and a total supply of 1.6 Million. If you are looking to buy or sell Index Coop – ETH 2x Flexible Leverage Index, Uniswap is currently the most active exchange. This content is for informational purposes only and should not be construed as legal, tax, investment, financial, or other advice. Each purchaser of an Index Coop product should consult with his or her own legal adviser and tax adviser before purchasing such products.
- The total dollar value of all transactions for this asset over the past 24 hours.
- The Index Cooperative is not engaged in the business of the offer, sale or trading of securities and does not provide legal, tax, or investment advice.
- You can still purchase ETH2X-FLI by using a decentralized exchange instead.
- Over the last day, Index Coop – ETH 2x Flexible Leverage Index has had 0% transparent volume and has been trading on 29 active markets with its highest volume trading pairs being .
- It will show you how to buy ETH 2x Flexible Leverage Index by connecting your crypto wallet to a decentralized exchange using your Binance account to buy the base currency.
When that happens, the collateral will be sold off to close the loan. The borrower will get his collateral returned but only after a hefty liquidation fee has been taken out. With ETH2x-FLI, a user can get roughly the same exposure with a single transaction, said Lemonade. The leveraged position is simply tokenized and traded like any other ERC-20 token running on top of the Ethereum blockchain. “There really isn’t anything like this in terms of getting DeFi leverage in a single token,” an Index Coop member who goes by the handle Lemonade Alpha told CoinDesk in a phone call.
Historical Data for Index Coop – Eth 2x Flexible Leverage Index (polygon)
CoinDesk journalists are not allowed to purchase stock outright in DCG. // The multiplier applied to the virtual position unit to achieve the real/actual unit. Binance is constantly reviewing and adding cryptocurrencies that can be used on the Binance platform.
If you are not an existing user, you can refer to our How to Buy Ethereum guide on registering and buying your first cryptocurrency on Binance. Register and set up the crypto wallet via the wallet’s Google Chrome extension or via the mobile app you downloaded in Step 1. Make sure to keep your seed phrase safe, and take note of your wallet address.
Like traditional leveraged ETF funds, eventually the ETH2x-FLI will be open where customers may buy off the secondary market , or directly mint and redeem the token itself. The ETH2x-FLI targets a leveraged 2x exposure to Ethereum. Using the FLI methodology means that you no longer need to worry about margin requirements and can save money on gas. Because it is an ERC-20, it is fully interoperable with the rest of the Ethereum ecosystem. The percent change in trading volume for this asset compared to 7 days ago.
FLI is the first fully-collateralized leverage token which is redeemable into its components . Collateralization allows for a better risk profile than relying on synthetic leverage. This is done by automatically maintaining target ratios to recenter over time. FLI is designed to absorb major volatility spikes, and flexibly rebalance to ensure that collateral levels stay above liquidation thresholds. The FLI also utilizes an emergency delevering mechanism to add additional safety for users in the event of a black swan event.
FLI is a structured product in ERC20 format that enables traders to automate a target leveraged exposure in a completely decentralized manner. By being fully collateralized, the FLI will always be redeemable to the underlying assets unlike perpetuals or synthetics. The total dollar value of all transactions for this asset over the past 24 hours. Please also note that data relating to the above-mentioned cryptocurrency presented here are based on third party sources. They are presented to you on an “as is” basis and for informational purposes only, without representation or warranty of any kind. Links provided to third-party sites are also not under Binance’s control.
Leverage has been a killer use case for DeFi from the start. But rarely has making such big wagers required so little work.
Hardware wallets are typically considered to be the safest type of cryptocurrency wallet, as they use a physical device to enhance security in a number of ways. You can learn more about wallets and compare them with our comprehensive guide. Wait for the transaction to finalize and the ETH2X-FLI tokens will arrive in your wallet. Find ETH2X-FLI on a decentralized exchange and make sure Index Coop – ETH 2x Flexible Leverage Index can be traded for ETH which is the native asset of Ethereum.
If you would like to buy ETH 2x Flexible Leverage Index, which is currently not listed on Binance, you can follow the step-by-step guide below. It will show you how to buy ETH 2x Flexible Leverage Index by connecting your crypto wallet to a decentralized exchange using your Binance account to buy the base currency. The most trusted cryptocurrency exchange app in the world to buy BTC, ETH, TRX, SHIB, DOGE and 400+ tokens. Binance – Buy over 350 tokens in seconds with fees as low as 0% 0% FEES Spot, futures, options, NFTs, savings, staking, and Binance Card. Another benefit of FLI which decreases risk is redeemability.
In addition to tracking price, volume and market capitalisation, CoinGecko tracks community growth, open-source code development, major events and on-chain metrics. The top crypto exchanges that have ETH 2x Flexible Leverage Index available for trading, ranked by 24h trading volume and the current price. In partnership with DeFi Pulse, the Index Coop is launching the ETH2x-FLI-P token on Polygon that will give token holders 2x targeted exposure to ETH. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.
You can follow the same process when you want to sell your tokens, or come back to this page to see if they can now be traded on an exchange in the US. You may now keep the tokens in your web 3.0 wallet or transfer them somewhere more secure like a hardware wallet. The FLI uses a novel strategy built on Set Protocol and Compound that abstracts collateralized debt management into a simple index — constructed as an ERC-20 token. Initially available for ETH, FLIs can be created & launched for other assets on lending protocols, such as wBTC, YFI, and LINK. The Flexible Leverage Index was created to address those risks and to make the use of leverage safer and easier to maintain. Circulating supply shows the number of coins or tokens that have been issued so far.
FLI rebalances your leverage position for you, so the necessity to constantly monitor the threat of liquidation is eased. FLI also dampens your fee burden by utilizing a unique algorithm that increases rebalancing efficiency by an order of magnitude. Additionally, the token’s 1.95% streaming fee is considerably less expensive than alternatives on centralized exchanges, and there is no slippage due to composable entry and exit.
The percent change in trading volume for this asset compared to 24 hours ago. The percent change in trading volume for this asset compared to 1 hour ago. Once you buy your Ethereum, go to your Binance wallet section and look for the Ethereum you purchased. Set the network to Ethereum, provide your wallet address and the amount you want to transfer. Click the withdraw button and wait for your Ethereum to appear in your Metamask. Once your wallet is setup, you can login to your binance account and proceed to the Buy & Sell crypto webpage to buy the Ethereum.
We may receive compensation from our partners for placement of their products or services. We may also receive compensation if you click on certain links posted on our site. While compensation arrangements may affect the order, position or placement of product information, it doesn’t influence our assessment of those products. Please don’t interpret the order in which products appear on our Site as any endorsement or recommendation from us. Finder.com compares a wide range of products, providers and services but we don’t provide information on all available products, providers or services. Please appreciate that there may be other options available to you than the products, providers or services covered by our service.