Live - Brewlabs Indexes

Brewlabs Token Index Smart Contracts

Brewlabs token indexes are considered the ETF's or Exchange Traded Fund for networks specific tokens in cryptocurrency. Brewlabs token indexes allow the user to dilute a purchase of tokens by means of using a single payment transaction to purchase multiple tokens at once grouped by an index contract (or basket purchase). Tokens purchased are then retained in the index smart contract until liquidated for profit or loss at the discretion of the user. Indexes allow users to dilute risk by purchasing a spread of tokens to speculate upon. An example of this would be an index that would contain WOM-CAKE-BTCB where the user would be purchasing WOMBAT Token, CAKE Token and Binance Pegged BTC (Bitcoin) in a single transaction using BNB on the Binance Smart Chain network. Users who enter and Brewlabs index can at anytime sell their tokens held within the index smart contract.

• Any user can deploy an index for free (must cover their own gas) via the Brewlabs Product Deployer here https://earn.brewlabs.info/deployer

• Indexes can support up to 5 tokens.

• Indexes can support tokens with taxes.

• Users can share their index with friends, communities or other groups by use the share index feature.

Additional Features

Brewlabs token indexes allow users to remove their tokens from an index at anytime or mint an NFT that represents their ownership/weight in an index. A user can then sell or transfer this NFT to another user. Recipients of an index NFT by transfer or index NFT purchasers can then deposit the index NFT into the native index contract relative to the NFT and obtain the ownership of the tokens in the index represented by the index NFT. This feature allows users to transfer token ownership within an index contract without transferring the tokens directly.

Owners of Brewlabs index smart contracts can profit from the performance of the index smart contract and deposit fees. If an owner has selected performing tokens and the index participants are existing the index in profit, then the owner of the index receives 0.25% of the profit earned by the specific user upon exit. Deposit fees are charged and set to the owner of the index at the rate set by the index owner whenever a user enters their particular index.

For advanced users, indexes owners can mint an NFT that represents the ownership of their index and list their index for sale. Users who purchase index ownership NFT's will then receive any pending commission/fees and future commissions/fees from the stake of the ownership NFT purchased by the purchasers wallet.

What networks are the Index deploy on?

Any EVM (Ethereum Virtual Machine) supported network can accommodate for a token index. Our foundation network for this product will be BNB.

What are the fees?

When entering an index contract users pay a fixed performance fee listed on the interface of the index and a deposit fee. Brewlabs has a fixed deposit fee of 0.25% of the amount entering the index. The index owner may also charge a deposit fee. Deposit fees are available to view on the display page of the index When users exit the index in a loss, users pay a fixed performance fee listed on the interface of the index.

When a user exits an index contract in profit, a fee is charged on the profit amount and sent to the index owner. The fee profit commission fee is set by the index owner at the creation of the index and is available to view on the display page of the index.