What is High Yield ETH Index
The High Yield ETH (hyETH) token from Index Coop is a diversified index targeting the highest ETH-denominated yields on Ethereum Mainnet. hyETH is designed to track and gain exposure to some of the highest ETH-denominated yields available within the DeFi ecosystem. Tokenisation of these strategies abstracts away the complexity, management, and need for continual monitoring and trading for users. hyETH will be rebalanced monthly to reflect the most current, relevant strategies.
High Yield ETH Index vs Stoic
It's almost impossible to predict which cryptocurrency will eventually emerge as the leader.
There is no guarantee that In 5 years, HYETH would still even exist. Another faster and cheaper blockchain might capture the majority of developers, users, and capital. Or some critical failure of HYETH might derail its progress.
Because the probability of guessing the winner is low, it's better to use a portfolio approach and buy all possible contenders, including HYETH.
Stoic builds a portfolio by using hedge fund-grade quantitative research and AI to build a portfolio of crypto assets.
The algorithm analyzes price data, returns, volatility, correlations, and other factors to identify coins that are likely to go up. It then rebalances the portfolio daily to cut losses early and take profits regularly. Stoic is a great alternative to researching coins and trading manually.
Over 12,000 people already use Stoic to automate their crypto investing.
