List an index
Anyone can add an index. Burn 2,000,000 $FLOAT with a methodology, and it trades after 14 days of public publishing.
- STEP 1
Burn and propose
2.00M $FLOAT is burned with your methodology file. The burn is not refundable.
- STEP 2
14 days in public
The keeper publishes the index for 14 days without trading. It must stay fresh more than 95% of the time.
- STEP 3
Opens at a 5% cap
For its first 90 days, net exposure is capped at 5% of the reserve.
- STEP 4
Graduates
After 90 days it moves to the standard 20% cap. Seven days stale in a row delists it.
Methodology
Weighting is always 30-day volume share. Everything else is yours to set.
Proposal
- Index
- —
- Items
- 20
- Cap per item
- 10.0%
- Burned
- 2,000,000 $FLOAT
- Your balance
- —
The burn is final even if the index fails its shadow period. Listing burns are the only way $FLOAT leaves supply without a swap.
Listings
Every proposal, its shadow period and where it stands.