Valtora IndexM3 · Queued

A Whole Theme.
In One Token.

Holding eight stock tokens means eight swaps, eight approvals and eight positions to rebalance. The Valtora Index packs a basket of verified stock tokens into one token, backed one-for-one by the tokens themselves and priced by their Chainlink feeds.

How the index will work

  1. 01

    Mint in kind

    Deposit the basket's stock tokens in their target proportions and receive index tokens. A one-step option will swap USDG into the basket for you through existing pools.

  2. 02

    Priced by the chain

    The index value is each holding times its Chainlink price, with every token's distribution multiplier applied, so dividends are never lost in the maths.

  3. 03

    Redeem in kind

    Burn index tokens and receive your share of every holding back, at any time. The contract has no owner, and basket changes wait out a public timelock.

Risks, plainly

  • The index holds Robinhood stock tokens. Their issuer can pause them, block addresses or burn balances, including those held by the index contract.
  • Chainlink equity feeds follow US market hours. On weekends the index value stands still while pool prices keep moving.
  • The contract will be new code. It opens with a deposit cap, and the cap is only raised after an independent audit.
  • Stock tokens are only available in supported jurisdictions. An index token does not change that.

FAQ