Vision
Last updated
Last updated
Asset diversification is the cornerstone of risk management in investment portfolios. However, it requires attention and time which is why in traditional finance two ways of diversifying have emerged: Actively managed funds & index funds.
While actively managed funds usually carry a rather high fee, index funds (which typically outperform on a long time horizon) have grown to be one of the biggest asset classes with a global asset value >$1 trillion.
In crypto, index assets are still an underrepresented product. In order to invest in an entire asset class, users have to deal with different chains, wallets & trading venues. Plus, in-depth knowledge of each asset is required.
In order to fill this gap and enable users easy onboarding and diversification into crypto assets, KujiraIndex was born. At it's core it is an asset index protocol built on the existing Kujira L1 blockchain. Their built-in orderbook exchange as well as reliable oracle infrastructure were important requirements to build out an index protocol.
The first index launched on the protocol is a basket of Kujira-based tokens: the Kujira Index (ticker $KJI
). Down the road, other indices are expected to launch.
Potentially interesting asset classes for future indices are:
Crypto Large Caps (BTC, ETH, SOL)
Staking tokens (e.g. SOL, TIA, ATOM)
RWA tokens (e.g. ONDO, OM)
Read on for an detailed introduction into Kujira Index (the protocol) and the Kujira Index (KJI).