Why isn't there a better cross chain memecoin index "fund" onchain?

iirc, this company has been around for a while

indexcoop.com

Intent Operating System for DeFi (backed by Binance Labs)

why isn't there a farcaster big 5 meme coin index fund with auto-balancing?

1. degen
2. higher
3. clanker
4. anon
5. ???

@velvet-capital I'd DCA into that every week!

This will exist soon! farcaster.in tracks it well, soon @reserve will ship the tech to allow the product to exist!

Reserve is a permissionless platform to launch and govern 1:1 asset-backed currencies and — coming soon — DTFs (Decentralized Token Folios).

Life Maxi worlding /farcasterland writing about it https://t.ly/mdK99 onboarding people onto it https://t.ly/Egj2l