The presale for the world's first RWA Index is LIVE! 🔥In collab between @_fortunafi & @indexcoop, market participants can now get exposure to a few of the biggest, most established #RWA / #tokenization protocols!Want to participate in the presale? Learn more! 👇So, Why A RWA Index?!For years, many have claimed that crypto has yet to find a “killer app” or “product market fit.” Over the past year, the RWA sector has witnessed a resurgence in interest, unprecedented adoption, and newfound innovation that has even turned TradFi bullish - as evidenced by several multi-trillion dollar market opportunity estimates.So far this year, RWA TVL has soared from $2.5B to $6.6B, TradFi institutions, like Blackrock and CitiBank, have begun dipping their toes in the sector, and governments from all around the world have started to establish accommodative tokenization legislation.In other words, RWA and tokenization is an emerging sector that will surely only continue to see unprecedented innovation and adoption. With The Fortunafi Real World Assets Index (RWA), market participants now have a way to broadly benefit from the rise of RWA as the sector continues to mature and hit escape velocity. 🚀What Is It?The Fortunafi Real World Assets Index (RWA) allows token holders to gain diversified exposure to the RWA sector. RWA will be composed of tokens from projects and protocols that concentrate on tokenizing offchain assets. While tokenizing RWA is a nascent sector, many believe it has more near-term potential than any other cryptoasset sectors.What's In It?The initial composition of the index will include @MakerDAO, @OndoFoundation, @ethena_labs, @centrifuge, @CantoPublic, and @maplefinance. The addition of other RWA protocols can be expected with time.Protocol weightings will be proportional to the underlying token’s market cap, with a maximum weight of 25%. Excess weighting is evenly distributed amongst tokens with weights < 25%.Index MethodologyReconstitution and rebalancing will occur quarterly, and assets must also meet the following criteria to be eligible:• Protocol is listed on @DefiLlama.• The 90-day moving average of the protocol’s Total Value Locked (TVL) exceeds $30M.• The 90-day moving average of the token’s daily trading volume exceeds $500K.• The protocol must be RWA-centric as determined by the methodologist.• The protocol and tokens must pass a manual review process to determine whether or not it is a good fit.• The protocol must have publicized audit(s).• The token must be available on Ethereum mainnet; wrapped or bridged tokens may be considered for inclusion.Fee Structure• 1.95% Streaming Fee (annualized).• 0.10% Issuance Fee.• 0.10% Redemption Fee.Presale & PRT OpportunitiesThe Index Coop DAO has set Product Revenue Token (PRT) incentive opportunities for the index presale, which seek to incentivize a broader range of value adding actions, such as:• Presale: Where 10% of the 100,000 PRTs will be given out in a tiered structure which rewards earlier depositors more than later depositors over a 30 day period.• Other Value Adding Actions: Where a further 15% of the RWA PRTs will be given out for actions including but not limited to providing liquidity, securing an oracle, opening and incentivizing a DeFi lending market for RWA.The PresaleWe're looking for partners to deposit into the pre-launch RWA token. If the presale is successful and the pre-launch preparations are complete, the token will be rebalanced into the underlying RWA tokens. To incentivize presale deposits, the Index Coop is offering PRTs.Historically, product revenue has been directed to the Index Coop Treasury. With the introduction of PRTs, product fees will now be distributed to PRT holders via a staking pool. A total of 100,000 RWA PRTs will be issued, so each holder's revenue share will be proportional to their percentage of total PRTs owned (e.g., XXX/100,000). PRTs are ERC20 tokens, and holders will stake their PRTs in a staking pool to receive their share of the revenue. Holders of PRTs not only effectively receive a fee rebate on their position, but also receive upside in the product’s success.Presale Details & Rules• Deposits open on June 19th via the Index Coop app. 👇 https://t.co/yvmhEvMGnP• There's no minimum deposit required.• If presale goal isn't reach, the RWA Index product will not be launched, and PRTs will not be distributed. • Presale deposits can be made in $wstETH.• The presale will have a clearing threshold of 500 $wstETH.• Presale depositors can earn up to 10% (10,000) of RWA PRTs. The presale is structured in tiers, rewarding early depositors with more PRTs per wstETH in the initial tiers. As a new tier is reached, PRTs distributed to that tier decreases by 10%. The total number of PRTs a depositor receives is equal to the sum of their contributions across the tiers. A breakdown of the deposit tiers. 👇Are You Eligible?• The staking pool for PRTs - which will be available in the Index Coop app - will not be available to Restricted Persons (including US Persons) as defined. 👇 https://t.co/kKcykw8Gqn. • PRTs will be claimable via MERKL during the post-launch period.• PRT staking will be made available in the Index Coop app at the time of the first PRT distribution, or 6th September.Want To Learn More?!Be sure to check out the COMPLETE presale doc! ↓ https://t.co/hCfPopUCKWCheck out the Fortunafi Real World Assets Index FAQ! ↓ https://t.co/6QujlRFcjR
