Metaverse Index (MVI) Calculation
The index weight is calculated using a combination of square root market cap and liquidity weight to arrive at the final index weights.
TW = 75% * RMCW + 25% * LW
Here,
TW: token weight in the $MVI;
RMCW: square root of market cap weighted allocation;
LW: liquidity weighted allocation.
What is the Metaverse Index ?
The Metaverse Index (MVI) is designed to capture the trend of social activity, entertainment powered by NFTs and blockchain technology. It uses a combination of the square root of market cap and DEX liquidity to arrive at the final index weights. The article focuses on discussing Metaverse Index in detail.
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