BiShares released its latest decentralized exchange traded fund (dETF) and this time, it comes in the hottest market in decentralized finance and crypto: GameFi.
BiShares’ most recent fund, biCHAIN, enables users to buy diversified tokens with a few clicks of a button, which are all pooled into one multi-weighted token that includes Cardano (ADA), Ethereum (ETH), Bitcoin (BTC), Polygon (MATIC), Avalanche (AVAX), Fantom (FTM) and Binance USD (BUSD), including a small allocation of BiShares (BISON).
This time, the protocol partnered with the best of the best in the GameFi industry. Supported by ApeSwap, BiShares continues to launch real-world products in a short time span week after week. BiShares remains executing at a high rate in the DeFi space while trying to gain the attention of Binance.
The Game Fund is a safe diversification fund that enables crypto enthusiasts, apes and degens alike to enter the GameFi space all under one umbrella through biGAME — a weighted dETF to give maximum exposure while remaining minimally over-exposed. The biGAME dETF comprises the following tokens and respective weightings:
- Axie Infinity (AXS): 20%
- CryptoBlades (SKILL): 18%
- Coinary (CYT): 14%
- Mobox (MBOX): 11%
- Revv: 11%
- Seedify.fund (SFUND): 11%
- Moonpot (POTS): 11%
- BiShares (BISON): 4%
In a few weeks, BiShares plans to add five more to the fund as the projects continue to mature.
BiShares has other major decentralized exchanges and launchpads knocking on its door asking to launch specialty funds under its brand, similar to the launched ApeSwap fund (biAPE). A future fund poised to change the DeFi dETF space forever is the interest-bearing stable fund: a fund that is able to generate yield in stables while still safely diversifying across crypto assets.
The upcoming future dETF fund releases are the DEX fund (biDEX), FOMO fund (biFOMO) and the long-awaited NFT fund (biNFT).
BiShares is becoming a decentralized autonomous organization shortly and its governance token BISON has rewards, voting and special utility.
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