1CCindex

To achieve complete diversification and prevent unknown risks, users will be incentivized to wrap their pf1CC_n tokens into 1CCindex token. 1CCindex will essentially represent the average allocation of all participating DeFi protocols on a given chain.
  • 1CCindex is a primary utility token in One Click ecosystem.
  • 1CCindex has a mint-and-burn mechanic where it can be wrapped from pf1CC_n portfolio token.
  • 1CCindex is always backed by the value locked in the protocol. pf1CC_n can be wrapped into 1CCindex token.
Users can also trade 1CCindex between chains further diversifying the portfolio.