NAMI Index

Builder Team: NAMI

Nami Index is a decentralized protocol on the Thorchain App Layer, built for issuing asset indexes. Each vault holds the full set of collateral assets, so every index token is always fully backed by NATIVE assets.
Users can redeem their index tokens for the market value of the underlying assets at any time, with no permissions needed.

Nami Index uses the RUJIRA orderbook as its trading engine. This means any token with enough liquidity on RUJIRA can potentially be included in an index.