$BSCDEFI: BSC DeFi Pool/Index
Exposure to the future of DeFi on BSC
$BSCDEFI is an actively-managed, BSC thematic diversified pooled investment token that is part of the PowerPool Power Universe. The $BSCDEFI token represents a share of a pool of 10-15 periodically updated DeFi-focused projects primarily operating on Binance Smart Chain.
The $BSCDEFI token represents a share of an actively-managed investment pool that at launch contained primarily BSC DeFi tokens CAKE, XVS, MDX, EPS, BAKE, ALPACA, LINA, AUTO, ALPHA, DODO, CREAM, and TKO. It is possible that similarly-qualified new tokens will be added to the underlying pool and the relative weightings adjusted. The current exact composition of the pool can be found here.
The tokens in the pool are actively staked for rewards and qualify for other meta-governance distributions, all of which accrue to the token-holders in the pool, while sharing the transactions costs across all the token holders in the pool.