Metaverse Index (MVI) Maintenance
The team also works to ensure that the index is up-to-date and relevant. The MVI index fund is updated periodically to ensure that it includes the most relevant tokens related to the metaverse.
As the metaverse industry continues to evolve and grow, the MVI index fund is expected to adapt and change to reflect these developments, and the MVI is rebalanced and maintained quarterly in two phases to ensure that it remains representative of the metaverse industry:
- Determination Phase: The determination phase is the phase when the changes needed for the next reconstitution are determined.
- Reconstitution Phase: In this phase, the index components are adjusted, added, and deleted as per the instructions published after the end of the determination phase.
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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