Bankless BED Index (BED)
Rest easy holding BED.
Bankless proposed that the Index Coop manage a Set based on an index of Crypto’s most investable assets, BTC, ETH, and DPI, in equal weight. This construction — known as the BED Index or Bankless BED Index — seeks to give safe, passive exposure to a vehicle that captures equal-weighted upside from the most promising use cases and themes in crypto: store of value, programmable money, and decentralized finance.
All of our indices are fully collateralized and redeemable at any time for the underlying assets. Meaning in BED you’d receive 33.3% BTC, ETH, and DPI.