First Crypto Spot ETF presents Underlying Tokens for Intrinsic Value
Crypto investing made easy with the first real decentralized ETF
The Decentralized ETF (D-ETF) token allows investors to put their money in a cryptocurrency basket consisting of coins with significant upside potential. This article provides a breakdown of digital currencies that are currently included in the D-ETF token, as well as the benefits of the model.
The cryptocurrency market has experienced significant capital inflows over the past four years, with 2021 being the year when the industry breached the $2 trillion market capitalization mark.
While bitcoin, the prime cryptocurrency, jumped in value by over six times, it was not the best performing cryptocurrency in 2021. The Polygon cryptocurrency, for example, saw a 10,000% price increase within the same year.
Such developments have highlighted the need for a basket ETF that consists of several promising cryptocurrencies, and this is where the Decentralized Exchange Traded Fund (D-ETF) token comes in.
Decisions on Cryptocurrencies in D-ETF
Decisions on cryptocurrencies to be included in the D-ETF token are made via the Decentralized Autonomous Organization (DAO) platform. The mechanism allows token holders to vote on assets added to the D-ETF’s intrinsic value. The D-ETF DAO can be accessed on https://d-etf.com/dao. You can connect your wallet, setup voting and view recent investment proposals.
The process is carried out via preprogrammed smart contract protocols designed to uphold democracy while eliminating human interference.
Coins that Make Up D-ETFs Intrinsic Value
D-ETF consists of a series of promising cryptocurrencies. Specifications of the underlying assets for intrinsic value of D-ETF can be reviewed in the Market Distribution section on https://d-etf.com. The following is a breakdown of coins that are currently included in the D-ETF portfolio.
Fantom
Fantom (FTM) is among the most promising cryptocurrencies on the market today because of increased adoption. Launched in October 2018, FTM has grown in popularity as a reliable scaling solution.
At the beginning of 2022, the number of transactions on the Fantom blockchain increased significantly as investors flocked to the network. Capital inflows were drawn by the emergence of high-yield projects on the network.
Another reason why projects are shifting to Fantom is the unique architecture. Decentralized apps built on the network are independent and do not share resources with other applications. This off-center approach overcomes the congestion problem that has gripped many conventional blockchain projects.
The Fantom token is native to the Fantom Network and is used for staking, fees, governance, and transaction settlements. Fantom’s increased use in the decentralized system has led to a rise in demand for coins.
As a result, Fantom token prices have risen significantly in the last year.
An additional benefit to investors is that the token is deflationary and has a fixed supply. This means that FTM is likely to climb over the long term as demand grows.
The total value locked at press time is approximately $8.2 billion. This makes Fantom the 5th largest decentralized network. Hyperchain Capital is one of the platform’s biggest backers. The steady rise in high-yield projects and investments affirms the network’s growth potential, which will ultimately cause FTM token prices to increase.
THORChain (RUNE) is another cryptocurrency that is incorporated into the D-ETF intrinsic value. RUNE is a token native to the THORChain network and is used as a settlement layer for gas fees and security through staking.
The Rune token accrues value due to swap fees on the THORChain, which are dynamic. Increased utilization of the chain creates demand for Rune coins, thereby causing a price increase.
The Tendermint and Cosmos-based network is developed to support crypto transactions across numerous chains, it has a huge following among DeFi investors. Multicoin Capital is one of THORChain’s most notable backers. The firm’s involvement in the project led to a 30 percent price increase, thereby underlining increased investor support. The increase in utility has subsequently contributed to the growth of RUNE.
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The Chainlink oracle network is exceptional because of the problems that it solves. The Chainlink token LINK is the primary cryptocurrency used on the network.
Delving a bit into the details of how it works, the Chainlink oracle system is used to provide off-chain information to Ethereum smart contracts. The data is usually derived from other blockchains, websites, and APIs.
This capability allows it to support diverse projects on the blockchain. Its oracle framework currently facilitates lending markets, liquidity aggregators, decentralized insurance products, and algorithmic stablecoins, among others.
The increased use of the system by blockchain projects is set to push demand for LINK tokens as they mature. This will inadvertently cause prices to increase over the long term. Usage data by Glassnode indicates a ten-fold increase in transactions on the network in the past two years. The increased reliance on the network is a positive market indicator for investors.
The WOO Network token is used to provide liquidity, yield generation, and trading execution to smart-contract-based projects. In addition, the WOO Network allows investors to put money into numerous decentralized networks simultaneously.
The WOO utility token is native to the WOO Network and can be used on the Arbitrum, Polygon, Binance Smart Chain (BSC), Fantom, and Solana blockchains. WOO’s current investors include Three Arrows Capital, Gate Ventures, and Crypto.com.
The high number of venture firms that are involved in the project also means that the WOO Network token has a high social acceptance, which typically translates to more institutional and retail investments in the cryptocurrency that lead to a long-term price uptrend.
The latest positive development is that the WOO token was listed on the Binance exchange on February 9. The listing is set to provide greater accessibility to mainstream investors.
Wrapped Bitcoin (WBTC) is an ERC20 token whose value is pegged to Bitcoin. Bitcoin is regarded as one of the most decentralized cryptocurrencies out there and also one of the safest and most logical cryptocurrencies for investors due to its proven track record that spans over a decade. Bitcoin is the ultimate hedge against unlimited money printing and is recognized as a store of value by global institutions, well-known companies and even countries.
As such, the D-ETF token wouldn’t be complete without it.
The Benefits of Using D-ETF
Investing using D-ETF provides a motley of benefits to crypto investors. Top among them is the exposure to multiple cryptocurrencies simultaneously. The strategy limits losses in the event that a particular cryptocurrency falls sharply in value. Inversely, the approach allows investors to take advantage of white swan events affecting certain coins.
Besides this advantage, the DeFi-based coin has a unique dividend-yielding program that allows investment value to increase consistently. The dividend-yield reward system adds 1.5 percent of transaction fees to the overall value of the D-ETF token each week. This incentivises investors to hold onto their assets over the long term.
Highlights
Using the D-ETF allows cryptocurrency investors to hedge investment risks in a market that is notorious for huge price upheavals. The D-ETF model allows investors to take advantage of huge price upswings affecting certain token categories while minimizing losses during market downturns.
When it comes to security, the D-ETF blockchain is truly decentralized, a property that guarantees both network security and democracy in governance processes. Furthermore, the platform has been subjected to vigorous testing and fuzzing to guarantee network security. Moreover, its smart contract network has been audited.
The Community Presale
D-ETF is about to raise the final funds before launching on Uniswap. D-ETF will be launching on Thorstarter on relatively short notice (February). Funds raised during the presale will be used to further network development, increase available assets, and add liquidity to the token on Uniswap.
To purchase D-ETF tokens, visit the D-ETF.com website and connect your Metamask or Coinbase wallet. After completing these steps, you’ll be able to purchase $DETFs using USDC coins.
For further information on D-ETF, please reach out to the D-ETF team via the email address business@d-etf.com. Also, don’t miss out on the opportunity to sign up and participate in our presale using the link below to unlock innovative market features: https://d-etf.com/buy-d-etf.
