One token.
Every bStock.
Deposit any supported bStock, receive pINDEX shares priced by NAV. Burn any time for a pro-rata slice of the underlying basket. Zero keeper drift, the basket rebalances via deposit/withdraw flow.
Share price grows if any asset in the basket appreciates. Burn returns every asset pro-rata, no auction, no keeper.
+How pINDEX works
A permissionless multi-asset vault. No keeper, no rebalancer, no curator fee. Mint any whitelisted bStock, receive shares priced by the current NAV. Burn returns a pro-rata slice of every asset in the basket, the same math that keeps every share fungible.
One ERC-20 that holds a diversified bStock basket.
Retail can't easily buy six bStocks; even if they could, gas + slippage across 6 individual mints is prohibitive. pINDEX collapses that into one deposit + one price.
mint(bStock, amountIn) → NAV = totalBasketValue / supply → shares out = valueE18 / NAV. burn(shares) → pro-rata slice out.
- 1.Pick any bStock you already hold.
- 2.Approve the PrismIndex contract once.
- 3.Mint. You receive pINDEX shares priced by the pre-deposit NAV.
- 4.Anytime: burn shares for a pro-rata slice of every basket asset.