The Bankless DeFi Innovation Index is a composite index created by the Index Cooperative that primarily targets emerging DeFi projects with high potential for growth. These projects are still in their early stages and haven't achieved the status of established and well-known cryptocurrencies. To determine the index's weighting, GMI employs a mix of factors such as square-root market capitalization, secondary market liquidity, and token dilution/emission scoring, aiming to generate an optimal weighting.
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