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Loopring's LRC Is Included In Bitwise's DeFi Crypto Index Fund With A Weight Of 3.60%
Summary: Bitwise has launched the first DeFi Crypto index fund today. The fund provides qualified investors with tools for a diversified investment in DeFi. The initial constituents include a series of DeFi tokens like Uniswap, Aave, Loopring, etc, of which Loopring's LRC tokens account for 3.6%. Matthew Hougan, the chief investment officer of Bitwise, said that the choice ...
Bitwise has launched the first DeFi Crypto index fund today.
The fund provides qualified investors with tools for a diversified investment in DeFi. The initial constituents include a series of DeFi tokens like Uniswap, Aave, Loopring, etc, of which Loopring's LRC tokens account for 3.6%.
Matthew Hougan, the chief investment officer of Bitwise, said that the choice of fund constituents depends on a variety of factors, and the most important criterion is whether it can directly compete with companies in the traditional financial industry.
The Loopring Protocol is developing steadily. Bitpush data shows that LRC's return on investment (ROI) is 1116.2%.
Last month, Loopring has successfully conducted two AMM liquidity mining activities, and the LRC new economic model was released, encouraging LRC holders to obtain higher returns by using the L2 technology.
By Mary Liu
Tags: Bitwise,DeFi,Loopring,LRC
Link: Loopring's LRC Is Included In Bitwise's DeFi Crypto Index Fund With A Weight Of 3.60% [Copy]
