About the coin

The ETH2x Flexible Leverage Index (ETH2x-FLI) is part of the INDEX ecosystem, designed to provide users with a long 2x exposure to Ethereum (ETH). This is achieved through a collateralized debt position, allowing investors to gain leveraged exposure to ETH without the complexities of managing collateral and debt positions themselves.

Main features

ETH2x-FLI is notable for its modernized approach to leverage, having migrated to a more advanced 2x token structure on the Index Protocol. This migration aims to enhance the efficiency and user experience of leveraging Ethereum. The token is part of a broader ecosystem that emphasizes governance and community involvement, ensuring that users have a say in the development and management of the products.

How it works

The ETH2x-FLI operates by maintaining a collateralized debt position that automatically adjusts to maintain the target leverage ratio. This means that users can benefit from leveraged exposure to Ethereum without needing to actively manage their positions. The Index Protocol handles the complexities of rebalancing and risk management, providing a seamless experience for investors. Users are encouraged to download performance reports to gain a deeper understanding of the product's mechanics and performance.