This Indian Rupee denominated VDA index is well diversified, thus reflecting Indian market conditions. The UBX VDA Index can be referenced for a variety of purposes such as benchmarking VDA portfolios, and DPOS validator Projects Pool started 2020 Cardano, Binance Coin 2021 and Polygon 2022
They must be among the top 13 crypto assets by market capitalization and listed on the Top Exchange and Liquidity platform.
Constituents should neither be a stable coin nor a derivative of any existing index component.
UmbrellaX is the Index Fund Token of Weighing Average of Top 15 Virtual Digital Asset and Dpos Validator Pool Running thorugh it , which is an BEP-20 token. There are two primary uses of the UmbrellaX Token:
- The token is used to Buy and Hold Top 15 VDA Coins.
- The token is used for staking to participate in the Proof of Stake consensus mechanism for the checkpoint layer and block production layer.
