CAG3 ecosystem is a complete Index platform for both meme tokens, Multi-Chain Indices and Defi-verse. Our first Meme Index portfolio includes 4 top performing meme tokens and a stable coin.
Our methodology is focused on gaining maximum exposure to the most performing asset class in the space while eliminating the need to perform multiple costly transactions. Giving users a range of opportunities to have maximum exposure to profit making.
In addition to our flagship, our ecosystem will also include Cross-Chain assets indices, Metaverse assets indices, Defi blue-chips Indices.
CAGE MEME INDEX
This will be the first use case or product of the CAGE ecosystem. CGT is the governance token that will be used to govern the CMI protocol. The Meme Index(CMI) is a digital asset or token designed to track the performance of five tokens; four top meme tokens and a stable coin. Our Meme token, C4G3, brings together top meme tokens into the CMI to generate a lot of benefits for C4G3 holders by tracking performance of top meme tokens in the Cryptocurrency and Decentralized finance ecosystem. CMI will track meme token projects that have good long-term goals and show a commitment to ongoing maintenance and development.
CAGE Meme Token Index Suite (CMI)
Assets Allocation
C4G3 — 20%
DOGE — 20%
SHIBA — 20%
ELON — 20%
USDC — 20%
Users can acquire CMI token by one of the following:
Minting: (By manually depositing the underlying assets to receive CMI token either by using the single or multi-asset option.
Open Market: Purchasing directly on different available exchanges like Uniswap etc.
TOKEN INCLUSION CRITERIA
For the initial stages, CMI — the Meme Index Token will track 4 meme tokens and a stable coin that meet majority of the following criteria:
- Available on the Ethereum blockchain.
- Doesn’t have a tax fee i.e. deflationary.
- Has a verified token supply.
- The token is a meme, having one or more use cases is advantageous.
- Has a vibrant and supportive community.
- Easily tradable and has reasonable and sufficient liquidity on Ethereum and across various trading platforms.
- The token must not have a minting feature or other similar features that can be disadvantageous to passive holders.
- The project must not be insolvent.
- The token must have been launched and trading in the last 120 days.
- Must have been listed on CMC and Coingecko.
CAG3 CROSS-CHAIN INDEX
Over the last few decades, more than 10 blockchains have emerged aside from Bitcoin and Ethereum, each of them wanting to solve one problem in blockchain technology or the other, most of which focus on scalability, transparency and affordability. The different approach by these tech giants made competition in the space really interesting, hence, creating an avenue for blockchain adoption across the world. This gives investors more than two options to select from. Understanding the basic psychology of an average investor to maximize profits while minimizing risks, we thought having an Index on different chains could break the barriers in portfolio management and diversification. This led to the creation of CAG3 CROSS-CHAIN INDEX (CCI).
CCI is an index of some of the top performing blockchain in the industry, taking certain key features into consideration, among which include but not limited to solutions provided by each of these chains in solving previous and emerging blockchain problems. CCI will include cross-chain assets available on the Ethereum blockchain. The main objective is to give our investors the opportunity to diversify their investment aside from the existing indices. The CCI Index Portfolio includes but is not limited to ETH, QUICK, BNB, AVAX. The complete Initial Index Assets may include but not limited to: BTC, ETH, QUICK, BNB, AVAX, FTM, CELO, CGT & CMI.
COIN INCLUSION CRITERIA
For a coin to be included in our cross-chain Index, they need to meet the following requirements.
- Must have been in existence and operational for at least 5 years.
- Must have a significant amount of blocks and transactions.
- Must have a wrap version of it’s coin or token on Ethereum blockchain.
- Must have at least 3 working dapps built on it.
- Must have been listed on CMC and Coingecko.
- Easily tradable and has reasonable and sufficient liquidity on Ethereum and across various trading platforms.
- Must have a working explorer.
EXPANSION
In addition to the above mentioned Indices and with the experience level of our team and community, Cage Ecosystem will continue to explore the entire Defi space for better assets, especially those that will enhance our ecosystem’s value. Leveraging on the decentralized nature of the Ethereum Blockchain will help create decentralized index funds that are permissionless and can be traded easily without any restrictions. Cage ecosystem is expanding to include Blockchain and DeFi indexes to give more utility to the C4G3 token. All indexes will include C4G3 token, it’s the only irreplaceable asset and over time it’ll be scarce as long as users keep minting indexes on our platform and this will improve the value of our ecosystem and products in various ways.
CONCLUSION
After 13 years since the launch of the Bitcoin whitepaper, Bitcoin has matured into a major tradable asset with companies like MicroStrategy, Tesla, Square among others adding the first cryptocurrency to their balance sheets. Bitcoin served as the gateway to numerous innovations that led to the launch of Ethereum, other Blockchains and projects. Continuous innovation in the cryptocurrency industry has resulted in the launch of several tokens that give investors a variety of options. Day in day out, new projects and tokens get launched and finding the next successful project can prove to be difficult most times but to achieve mass adoption, simplification is key and that’s what the C4G3 ecosystem plans to achieve with the launch of various asset backed investing tools to make investing in top platforms easy. To achieve this, all hands are needed, our developers are putting in some hard work and we need our community to also help spread the word, together we can achieve greater feats.`
cag3.io
