Sminem Finance

SMINEM Finance
3 min readMar 11, 2021



Sminem Finance is a project focused on the development of passive portfolio management strategies for the Binance Smart Chain.

Sminem Finance is managed by the holders of its governance token SMIN, which is used to vote on proposals for protocol updates.

Index pools simplify asset management on the Binance Smart Chain the way that index funds do for the stock market: by creating a single asset which represents ownership in a diverse portfolio that tracks the market sector the index represents. Each index pool has an BEP20 index token which anyone can mint by providing the underlying assets in the pool, burn to claim the underlying assets, or swap with exchanges to easily manage their exposure to specific markets.


The SMIN governance organization is responsible for:

  • Upgrading proxy implementations as needed.
  • Deploying new index pools.
  • Managing the token categories which indices select from and creating new ones.
  • Approving pool controllers that implement new management strategies.
  • Setting configuration values such as swap fees.

Index Pools


Index pools are tokenized portfolios that double as AMMs. The pool contract is designed to be able to radically change the composition of its portfolio without needing to access external liquidity.

The Index Pool contract is a fork of the Balancer Pool. The primary changes made to the contract were to enable more dynamic pool management so that assets can be bound, rebound and reweighed gradually and without the need to access external liquidity.

Index pools regularly rebalance their underlying assets in order to better represent the market sectors they track. Portfolio targets are set using on-chain data from PancakeSwap and pre-set rules defined in smart contracts. As with index funds, the only roles for humans in managing index pools are the initial determination of weighting and asset selection rules, the definition of market sectors and the classification of assets into those sectors. These roles are carried out by SMIN governance, which has mandatory time-locks for all governance decisions.

Quick view of the roadmap:

Index Fund Trading (Q2)
The SMINdex Fund will aggregate 5 different defi projects on the portfolio. You will have the option of trading the index token. The DAO will govern which projects are listed on the SMINdex Fund, along with how much the fees will be. The SMINdex Fund will then undergo testing once the DAO has finished voting.

Portfolio Tracker (Q2)
Our portfolio tracker will make it more convenient for you to see your past tx’s, current approvals you’ve set on farms and websites, and your PnL. You will now have the option to undo all the approvals you have set on past sites on the dashboard.
It will also give you the choice to track other wallets. More features TBA soon.

Charts and Prices [ORACLE] (Q2)
We will be integrating the Chainlink oracle on our website for prices, along with charting tools. The oracle will relay on-chain data to our website to display accurate metrics.
You will also have the option to save your charts customisations by holding SMIN → The amount of SMIN you are required to hold will be governed by the DAO.


2,500,000 TOTAL SUPPLY
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200,000 LOCKED FOR INDEX FUND (Treasury)

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More features integrating to the ecosystem soon, keep an eye out for announcements on the telegram.

Website: TBA, will be releasing a temporary link as a placeholder. Migration will occur in the next 24–48 hours. Page is still under construction and security test are being done at the moment.

Twitter: (3) SMINEM.FINANCE (@FinanceSminem) / Twitter