CoinMarketCap, a world cryptocurrency info platform, and Reserve, a platform for creating on-chain token portfolios, bear equipped CMC20, the critical DeFi-native tradable crypto index token on BNB Chain. The index tracks the 20 splendid cryptocurrencies by market capitalization and affords traders a single-token design to manufacture diverse market exposure.
Deployed by Lista DAO, CMC20 combines transparent DeFi infrastructure with choices of inclined index products. As a native BNB Chain asset, the token helps permissionless minting and redemption across the clock and is wisely matched with listings on exchanges, wallets, and trading platforms.
CMC20 is rebalanced month-to-month to withhold exposure to the pinnacle 20 belongings, other than stablecoins, wrapped tokens, and belongings with tiny liquidity. The methodology involves Layer-1 networks, commerce tokens, infrastructure initiatives, DeFi protocols, and rising sectors, offering broader representation than BTC- or ETH-entirely products.
The token’s DeFi architecture permits spend conditions such as collateralized lending, automated portfolio systems, and delta-impartial trading. Retail users manufacture more straightforward accumulate admission to to diverse exposure with fewer transactions. CMC20 will even be minted by depositing the underlying asset basket or redeemed for its substances, supported by Reserve’s transparent collateral and redemption design.
Image: Freepik
