描述
DAOX is a thematic index which seeks to provide investors with a diversified exposure to the nascent and crypto-native DAO space.
The DAO landscape is in its initial stages and is constantly expanding; however, a significant number of Protocol DAOs have reached an appropriate level of maturity. The DAOX construct includes the two largest Protocol DAOs by market capitalisation in order to provide the appropriate exposure to this sub-segment and a reduction in overall volatility.
In terms of non-Protocol DAOs, DAOX includes projects with robust liquidity on the main ERC-20-based Decentralised Exchanges (?DEXes?), assets that have gathered pace, have passed the initial stages and have reached a relevant size. The overarching narratives in the DAO landscape are considered in order to maintain an appropriate level of diversification.
