Metaverse Index - February Rebalance

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 February 28th 2022:

Here’s the change in allocations with “current” allocation taken at the time of calculating the weights.

Rebalance summary:

We continued to use spot liquidity and spot market caps at the of the month to calculate the weights. For REVV and RARI, target weights were more or less in-line with current weights. As such, we chose not to trade these two tokens at all. It looks like, at the time of writing, the rebalance is complete and can be viewed here.

Other than that, there are no changes, and no additions or removals.