Objective of the Metaverse Index (MVI):
MVI is designed to capture the trend of entertainment, social activity and business moving to take place in virtual economies, powered by NFTs and blockchain technology. MVI uses a combination of the square root of market cap and liquidity weighting to arrive at the final index weights.
MVI Rebalance Weights:
Weights were calculated as of April 30th 2022:
Here’s the change in allocations with “current” allocation taken at the time of calculating the weights.
We continued to use spot liquidity and spot market caps at the of the month to calculate the weights. Both REVV and RARI continue to be frozen due to low liquidity. We added two new tokens, MC (Merit Circle) and LOOKS (LooksRare). Both have deep DEX liquidity and meet the inclusion criteria for MVI.