Index Variants

Why Multiple Indices

Different users have different risk tolerances and return expectations. A single 50/50 volatile basket does not serve everyone. The IndexVault architecture is fully parameterised — the same contract code supports any basket composition, any target weights, and any token set. Deploying multiple vaults creates a full suite of index products on Bitcoin.

Each variant is an independent deployment with its own:

IndexVault contract instance
HDL token (distinct symbol and address)
NAV and HDL supply
Custom rebalance thresholds and target weights
WRK rebalance reward mechanic (applies to all)

Existing vaults are never modified. New variants are additive deployments. Users can hold multiple index positions simultaneously.

Planned Variants

Index	Basket	Profile
Balanced (current)	50% MOTO / 50% PILL	Equal exposure to two Bitcoin-native assets. Base product.
MOTO Heavy	75% MOTO / 25% PILL	Higher MOTO beta. For users with conviction on MOTO.
Stable	50% USDT / 50% MOTO	Half dollar-stable. Lower drawdown, USD-expressible yield. Requires USDT on OPNet.
Growth	80% PILL / 20% MOTO	Aggressive PILL exposure. Higher volatility, higher potential upside.
Diversified	33% MOTO / 33% PILL / 33% USDT	Three-token basket with stable anchor. Maximum diversification. Requires USDT on OPNet.

Variants requiring USDT are pending the USDT OP-20 deployment on OPNet. All other variants are deployable immediately with the current contract code.

Expanding the Token Universe

As more OP-20 tokens launch on OPNet, they become eligible for inclusion in new index products. Any OP-20 token with a MotoSwap pool (for price feed) can be added to a vault basket. Some possibilities:

Bitcoin Native Assets Index — basket of top Runes or BRC-20 tokens bridged to OPNet
DeFi Blue-Chips Index — top DEX tokens by trading volume on OPNet
Stablecoin Yield Index — USDT + USDC + yield-bearing stablecoins for maximum stability and consistent yield
Ecosystem Index — a broad basket across all major OPNet protocols (similar to a total market index)

Each new index creates a new demand source for WRK — more vaults means more rebalancing jobs, more keeper activity, and more WRK earned across the network.