Blockchain development team ChainSafe has announced a new Polkadot index token to offer investors balanced exposure to the emerging Polkadot ecosystem.
In an April 14 announcement, ChainSafe revealed that it will be building a Polkadot Index Network Token called PINT. The source code is now public on Github.
The latest crypto index is part of a collaboration between ChainSafe, staking services provider Stateless Money, and DeFi organization StakerDAO, which voted on its creation using funds from its treasury.
Just like other decentralized finance (DeFi) and more recently launched NFT indexes , the new token will give investors a wider scope of exposure to projects and assets on the Polkadot network.
We're excited to share that the @stakerdao community has approved our proposal to build the @polkadotindex (