The UBX VDA Index reflects the dynamic nature of Virtual Digital Assets (VDA), web 3.0 & the innovation being unleashed by VDA.

This Indian Rupee denominated VDA index is well diversified, thus reflecting Indian market conditions. The UBX VDA Index can be referenced for a variety of purposes such as benchmarking VDA portfolios, and much more!

They must be among the top 10 VDA assets by Market Capitalization and listed on the Major Exchange platform.

Constituents should neither be a stable coin nor a derivative of any existing index component.

Individual VDA Value = (Current Market Value / Base Market Value ) * Base Index Value Index Value = Sum of all Individual VDA Values

Where: Current Market Value = Price of a VDA today (within a specified time period on UBX). Base Market Value = Price of a VDA on the rebalance day. Base Index Value = Percentage share of a VDA (in the latest rebalance multiplied by the closing price of the Index on the last day of rebalance month). Market Capitalization = Circulating supply * Price.

Making Better Investments: An index brings transparency to a rapidly growing asset class like VDA so that investors can be better informed before making any decisions on asset allocation, benchmarking and more.
• Anchoring: Since VDA is influenced by unique factors like adoption, innovation and others, a single VDA’s performance cannot represent the entire asset class.
• As Dependable Benchmark: With the Indian VDA investor base increasing significantly, a VDA index can act as a reliable source to assess performance.
• A Uniquely Indian Indicator: A domestic, INR-denominated index can reduce dependence on international indexes that do not reflect Indian onshore prices

No - UBX is not a platform. It is an autonomous, high-performance, low-cost VDA index fund. Development of the trading system is complete - UBX offers value now, not at some point in the future. Diversification to the top 13 cryptoasset is now possible by holding a single token.

• Rebalancing is the Reorganization of the weights of the index depending on the changes in market capitalisation of the VDA assets. The UBX VDA Index is rebalanced on a monthly basis to address the change in market conditions. • Reconstitution happens every quarter when the constituent VDA in an index are updated based on the market capitalization.

As and when the market capitalization of a particular VDA changes, the weights of the index need to be adjusted accordingly.

The opening prices on the UBX VDA Index are Real Time Index levels at 12:00 AM IST.

There are many Reasons to utilize Blockchain Technology for UBX :
• Full transparency over Fund activity
• Ability to Trade or move tokens at will with no Exit fee
• No Minimum Buying /Holding | Investment
• No legacy banking costs means low fund fees
• Easy listing for sale and trading peer-to-peer on Exchange
• UBX only holds Virtual Digital Assets with Transparency in Handling Funds

There are many Reasons :
• Convenience - Buy and Forget
• Large funds get volume based discounts on exchanges
• You only have to hold a single Liquidity token ,instead of 13+ Virtual Digital Asset
• Rebalancing a portfolio is a complex and time-consuming process
• UBX token value can exceed value of underlying assets but can not fall below due to the liquidation option in the smart contract
• UBX tokens are designed to be attractive to fiat investors seeking a straightforward way to gain exposure to Virtual Digital Asset.

We will integrate the Additional tokens into the UBX fund as soon as we are able and then follow normal rebalancing procedure (and as such this token may or may not then form part of our fund composition). It is likely that the value of the fund will increase and this will be passed on to C20 token-holders.

You will need to purchase ubx tokens on an exchange. Check out the exchange page to see which exchanges ubx is trading on.

As UBX is Completely Tradeble VDA Index Fund token and Market is 24 hrs Live.

The UBX portal is a fund information dashboard. Investors can login to participate in the Token Sale and check their account page to see the status of their investment and details of their C20 tokens. On the performance page, investors will be able to transparently see the fund's performance and download quarterly statements. On the withdraw page, investors are able to use the smart contract to exchange their C20 tokens for ETH, based on the fund's value.

Fund automation will allow us to operate in a sustainable low-cost skeleton fund capacity and offer management fees of only 0.5% p/a as opposed to the 3% p/a plus 0.5% exit fees offered in the crypto market at the moment.

When an index moves upwards or downwards, it is indicative of the expectations of the market. When the mood is optimistic, i.e. investors expect that the VDA will perform better and make a transaction, the index goes up. The index will fall, in the event that the view about the future turns pessimistic and transactions decline.

UBX VDA Index is to be used for informational purposes to understand the movement of the Indian VDA Market.

No. We’ve built UBX to help you make more informed decisions about your VDA investments.

You can view the UBX VDA Index Fund Token at https://umbrellax.tech/ubx and it will soon be available on the Indian Centralised Exchange as well!

The built-in smart contract liquidation function enables investors to withdraw ether based on their share of the fund's underlying assets. This process is entirely autonomous and withdrawals do not require authorisation or extended waiting periods (as is often the case with other investments).

Investors submit a withdraw request to the smart contract which then enables them to withdraw the ether amount corresponding to their tokens' net-asset value (less a 1% trading fee). The realised withdrawal price is based on a forward pricing policy. This means that the ether withdrawal amount will be calculated based on the next published NAV price.

Active traders and fund managers generally have a far higher fund expense ratio than index funds - around 2 % p/a as opposed to index funds which offer closer to 0.5% p/a. The effect of this is that the aggregate return of investors is less than zero sum which makes outperformance compared to an index fund and to the market much less likely.

Over a 10-year investment horizon more than 80 % of large-cap fund managers failed to outperform their benchmark index. The odds of picking a winning fund manager are also low: studies show that irrespective of past performance, future performance is virtually random

Net asset value (NAV) represents a fund's per share market value. Net asset value (NAV) is significant only for open-end mutual funds. It is a simple calculation - just take the current market value of the fund's net assets (securities held by the fund minus any liabilities) and divide by the number of shares outstanding.The most important thing to keep in mind is that NAVs change daily and are not a good indicator of actual performance because of the impact yearly distributions have on NAV (it also makes mutual funds hard to track).

Yes you can, it is like any other BEP -20 Token.

Please make sure that your wallet is fully synced (if applicable), and that you have added a UBX to your custom token list.