PowerPool - BSCDEFI Index

BSCDEFI

BSC Ecosystem Defi blue chips

BSCDEFI is a thematic fund automatically earning yield and providing exposure to a diversified set of BSC DeFi protocols

TVL

How to participate in liquidity mining?

PancakeSwap

Supply liquidity or buy on PancakeSwap.

Add liquidity to BSCDEFI-BNB pair on PancakeSwap

Stake BSCDEFI-BNB LP tokens and earn CAKE

Venus

Coming soon

MDEX

Coming soon

BakerySwap

Coming soon

How Does BSCDEFI work?

BSCDEFI is a diversified fund of leading BSC Defi protocol tokens that captures not only their price action but also staking rewards. It contains yield bearing governance tokens for most major BSC Defi protocols - CAKE, XVS, MDX, EPS...about 11 different tokens initially.

Smart rebalancing

Deployed as a Balancer pool, it initially operates as a static basket of tokens without swaps, eliminating IL risks for its holders. Swaps are enabled only during periodic rebalancing windows when pool capital allocation is directed towards a new (community-approved) composition using Dynamic AMM pool weights shifting.

ALPACA

ALPHA

AUTO

BAKE

CAKE

DODO

EPS

LINA

MDX

TKO

XVS

Yield Opportunities for BSCDEFI holders

BSCDEFI holders have the following opportunities for generating additional yield (besides capturing price action and benefiting from BSC ecosystem growth):

Yield generation from staking composite assets of BSCDEFI eg CAKE. Staking yield is automatically compounded and is reflected in the BSCDEFI redemption value. Yield harvesting is done automatically by PowerPool protocol (BSCDEFI holders don’t need to do anything).

Additional CAKE rewards could be earned by supplying liquidity in the BSCDEFI/BNB PancakeSwap pool

In future, BSCDEFI may be listed on Venus and token holders may choose to lend them out for yield.

BSDEFI Initial Composition

BSCDEFI initial composition was created in collaboration with the Binance Smart Chain team. It is based on fundamental metrics of Defi protocols and was approved by the PowerPool DAO community.

Synthetic BSCDEFI inverse token (coming)

Synthetic inverse token is a “short” option for BSCDEFI index. If BSCDEFI value decreases, inverse token value increases and vice versa. Main use case of inverse token is creating hedging strategies for BSCDEFI, including market neutral (BSCDEFI +invBSCDEFI) position. Such position is not exposed to volatility but earns all staking rewards

Buy & Supply liquidity in one transaction

A special ZAP solution is available to make buyer/liquidity providers’ experience with BSCDEFI as easy as possible. The ZAP contract groups all approval transactions, DEX trades, and mints BSCDEFI tokens as a result of supplying assets into the BSCDEFI contract. Each ZAP is limited to $100,000 in one transaction (for transactions involving more than $100,000, we recommend minting directly by supplying the target basket of assets in desired proportions).

Security

BSCDEFI tech is audited and successfully operates in other PowerPool products launched in Ethereum mainnet for more than 9 months. Additional security audits are in progress for tokens staking strategies and rebalancing mechanics.

Future BSCDEFI features and roadmap

BSCDEFI has several functions which will be enabled shortly after launch:

Staking assets in third-party contracts with auto compounding.

Synthetic BSCDEFI inverse token.

BSCDEFI rebalancing mechanism via “swaps window”.

Ready to get full exposure to the BSC ecosystem?