MatrixETFMatrixETF is a decentralized ETF platform that supports cross-chain capabilities. The goal is to establish a decentralized, automated, and diversified ETF portfolio and simplify the threshold for investors to enter the crypto market.
In the future, MatrixETF will launch MatrixETF Components, allowing users to create customized ETFs freely. Users can set up a custom ETF fund and then use the tools provided by the platform (including DEX trading, lending, cultivation, governance, insurance, strategy, etc.) to add value to the fund, attract platform users to buy them, obtain commissions, premiums, and other income.
ETFETF (Exchange Traded Funds, “ETF” in short) is an open-ended fund that tracks the change of “target index” and is listed and traded on the exchange with variable fund units. It has the advantages of low cost, convenient and fast transaction, transparent portfolio, and special subscription and redemption mechanism.
ETF Arbitrage
The trading price of ETF is “market price”, which is determined by all market participants;
Subscription/redemption mechanism: Like the general fund, the trading price is “net value”, which is the actual value of ETF through subscription and exchange with a basket of tokens.
Since there may be a difference between the secondary market transaction and the subscription and redemption mechanism, arbitrage transactions can be carried out when there is a difference between the secondary market transaction price and the net value of fund units.
MatrixDAOThe MatrixETF platform is managed by the MatrixDAO. The MatrixDAO is a decentralized self-governed community organization. In the early stage, the platform launched several main conceptual ETF funds as the basis for platform’s launch, and then gradually transitioned to community self-governance to jointly determine the construction and implementation of ETF products. The ultimate goal is to let community members determine the development and future direction of the main decision-making platform.
MatrixETF Set is an ETF-DeFi protocol, which can provide convenient asset portfolio and trading services for asset issuers/KOLs, asset managers, and individuals. Through this protocol, any user can create a cryptocurrency-based ETF, accept user capital inflow and operate the fund using the tools provided by the platform (including DEX trading, lending, farming, governance, insurance, strategy, etc.), participate in DeFi to obtain income.
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