Summary
The BED Index is live! It's a new smart-contract governed index that is comprised of 1/3 BTC, 1/3 ETH, and 1/3 DPI. To learn more about BED, check out this article written by siddhearta and Frank America.
Awesome! How can I get BED?
You have a few options to acquire BED.
- You can use the TokenSets interface to issue BED with wBTC, wETH, and DPI
- You can use the TokenSets interface to purchase BED with BTC, ETH, USDT, USDC, or DAI
- You can use Uniswap V3 to trade and exchange ERC-20 tokens for BED if there is sufficient liquidity
Issuing BED with TokenSets
- Navigate to the TokenSets website using this link
- Click on the button with 3 dots located in the top right corner of the screen, then select Issue.
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⚠️ You must have all 3 collateral types in order to issue BED. In the above screenshot, it would take 0.00102 wBTC, 0.016814 wETH, and 0.114623 DPI to issue 1 BED Index Token.
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Purchasing BED with TokenSets
- Navigate to the TokenSets website using this link
- Click on the Buy button located in the top right corner of the screen.
- Select which currency you would like to use
- Enter the amount of BED you would like to purchase and click Preview Buy