jpeg.team
One token for a whole
basket of NFT collections.
Trending now
| Index | Share price | 24h | 7d | NAV | Pair token |
|---|---|---|---|---|---|
Remilia Index$REMILIA MILADY 50% · REMILIO 30% · PXLDY 10% · BANNERS 10% | 0.001112 ETH ≈ $2.28 | −0.24% | — | 0.02749 ETH ≈ $56.34 | ETH |
The OG Index$OGNFT PUNK 10% · MILADY 40% · LIL 50% | 0.9069 ETH ≈ $1,858.77 | +2.08% | −1.49% | 0.0009069 ETH ≈ $1.86 | ETH |
- Remilia Index$REMILIA0.001112 ETH−0.24%
MILADY 50% · REMILIO 30% · PXLDY 10% · BANNERS 10%
- NAV
- 0.02749 ETH
- 7d
- —
- The OG Index$OGNFT0.9069 ETH+2.08%
PUNK 10% · MILADY 40% · LIL 50%
- NAV
- 0.0009069 ETH
- 7d
- −1.49%
How it works
One token.
A basket behind it.
- 01
Backed by a basket
An index is one token for several NFT collections, in fixed proportions. It starts empty at a set starting share price, and buyers' money fills the basket. Every share is a pro-rata claim on all of it.
- 02
Part held, part earning
About 75% of the basket is collection tokens held outright. The other 25% sits in the collections' NFTX pools as liquidity, where it earns the 0.9% swap fee and makes the index cheaper to buy as it grows, at the cost of some upside.
- 03
Fees stay in
Buying and selling each carry a 5% fee that nobody is paid: it stays in the index and raises what backs every remaining share. Pool fees are compounded back into the liquidity too.
- 04
Always redeemable
Buy with the index's pair token in one transaction. Selling returns your slice of the basket itself: the collection tokens, and the pair token from liquidity. That cannot be paused.