The Microfi Gridlock Index is a client-side web application designed to fetch and display the current prices of a selected index of 10 CashTokens on the Bitcoin Cash blockchain. It also displays the index price, providing users with an overview of the token values.
The application utilizes the Cauldron DEX API to retrieve real-time prices for each token and the CoinGecko API to obtain the current price of Bitcoin Cash (BCH), which serves as a reference for calculating the USD value of the tokens.
Please note that the index may be rebalanced periodically to reflect changes in the market.