🎱 $BSCDEFI is here! 🎱 Bullish on the @BinanceChain ecosystem, but can’t decide which token to pick? Use the BSCDEFI index to get exposure to all major projects on #BSC. Best of all, you’ll be earning yield while doing so 👇 medium.com/powerpool/bscdefi… @Binance @cz_binance

10:09 AM · Sep 1, 2021

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1/ $BSCDEFI is weighted with a mixed market cap/fundamentals approach. $CAKE is the largest position with 42.56% weight (lower than the 57% implied by market cap), followed by $XVS at 15.96%, $MDX at 7.45%, $EPS at 6.39%. Full list is available on the blog post.
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2/ To acquire $BSCDEFI, you can either mint the token manually on PowerIndex or head over to @PancakeSwap to buy it with $BNB from the incentivized pool. powerindex.io/#/binance/0x40…
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4/ $BSCDEFI is the first product of the new Power Universe of flexible, actively managed yield-earning index funds. Crucial to this vision is the ability to hedge the index to only earn the underlying yields.
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5/ Tokens inside BSCDEFI will be automatically staked in no-impermanent loss pools to capture their yields. Examples are the $CAKE auto staking pool with a 92% APY, the $XVS vault on Venus and many others. It will be delivered in several weeks [security audits pending]
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6/ BSCDEFI is developed from the ground up for Binance Smart Chain and has passed security audits. That said, any new #DeFi product carries some risk, so make sure to keep this in mind when using it. github.com/powerpool-finance…
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7/ Once hedging is released, $BSCDEFI holders will be able to easily build neutral positions. We will provide regular updates on $BSCDEFI on our Twitter and other channels. In the meantime, you can try the triple $BSCDEFI dip with index yields, LP on PancakeSwap and $CAKE rewards
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CVP/BTC CVP/USDT waiting! 🙏
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This I believe is the recent game changer of #DeFi . #BSCDEFI is already having a remarkable and impressive impact on the price of $CVP $CVP in the past few hours has risen by 3.5% owing to the arrival of #BSCDEFI . This is good news for $CVP holders 🤑 #CVP #BSCDEFI #BSC
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