Examples of DeFi protocols include decentralized exchanges, decentralized borrowing and lending platforms as well as stablecoins. The Grayscale DeFi Fund comprises 10 tokens, which represent several use cases for these applications, including DEXs, lending, derivatives, and asset management. Grayscale DeFi Fund offers investors exposure to a selection of industry-leading DeFi protocols through a market-capitalization-weighted portfolio designed to track the CoinDesk DeFi Index. Grayscale’s investment products include six publicly-traded investment vehicles—Grayscale Bitcoin Trust, Grayscale Bitcoin Cash Trust, Grayscale Ethereum Trust, Grayscale Ethereum Classic Trust, Grayscale Litecoin Trust, and Grayscale Digital Large Cap Fund. The company also intends to quote shares of Grayscale DeFi Fund on a secondary market as well.

Source: Mint July 20, 2021 06:56 UTC