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PieDAO has launched the new DEFI+S index, aimed at providing diversified investment opportunities for key components in the DeFi space. DEFI+S is a sub-index of tail-cap tokens within Pie’s portfolio. The assets represented by DEFI+S have been weighted as a function of their current market capitalization, with a maximum weight of 30%. Tokens included in DEFI+L and DEFI+S were selected through two rounds of community voting on Discord. The index was initially priced at $1,000, with the DEFI+S token priced at 1/1000th of the index value, equating to one dollar.
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