Grayscale Adds Lido LDO Tokens to DeFi Funds

Digital asset manager Grayscale has added its Lido protocol LDO token to its DeFi fund as the second-highest weighting behind Uniswap’s UNI.

Grayscale’s DeFi fund weights Uniswap (UNI) at 45.46%, Lido (LDO) at 19.04%, Aave (AAVE) at 11.53%, MakerDAO (MKR) at 10.82%, Curve DAO Token (CRV) at 7.03% and Synthetix ( SNX) at 6.12%.

“According to CoinDesk DeFi Select Index methodologies, Grayscale has adjusted its portfolio of DeFi funds by selling a number of existing funds in proportion to their respective weights. and use the proceeds to buy Lido (LDO),” Grayscale said in a statement.launchof the company

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