📈 THE TOP TRENDING HOT TOPIC

✅ CMC20 COIN

🎁 Guidelines for PART 1

🟢 What CMC20 Is (Core Facts)

CMC20 is not a single cryptocurrency project with a single blockchain, but rather a DeFi-native tradeable index token that reflects the top 20 cryptocurrencies by size (excluding stablecoins, wrapped tokens, and illiquid tokens).

🟢 Key Attributes:

Purpose:

Offers a diversified way to expose oneself to the biggest and most liquid crypto-assets in the crypto markets with a single token.

Binance Mainnet, Binance Beacon Chain, BNB Beacon Chain, Binance Smart Chain, Binance Takeover Network, Binance

🟢 Index Methodology:

1. It follows the top 20 cryptos based on CoinMarketCap’s ranking.

2. Not excluding stable coins (such as USDT), wrapped tokens (such as WBTC, stETH), and low-investability.

3. Market cap weighted (BTC, ETH, etc. are given more weightage based on size).

4. Rebalance every month (formula weights are adjusted based on order position).

🟢 Rebalance Frequency:

Monthly, at 12:00 UTC on the 1st of every month.

🟢 Mint/Redeem:

It is possible to mint or redeem the token for the underlying basket at any time via the protocol to keep the price tracking tight.

🟢 Tradability:

Available on DEXs such as PancakeSwap, and on certain CEXs, with spot instruments.

✅ Part 2 will come soon

✅ Stay tuned

✅ Follow for more

#CMC20

#BinanceBlockchainWeek

$FET

FET

0.1794

+6.72%