
We see DeFi Pulse Index as a natural progression of what we have to offer to the wider community. Total Value Locked was created to help the community interpret the value locked within the DeFi ecosystem. Much like our Total Value Locked (TVL) metrics, DeFi Pulse Index is a standard the community can stand behind. Built on Set Protocol’s new v2 infrastructure, DeFi Pulse Index tokens are directly redeemable for its DeFi tokens. A new DeFi standard the community can stand behindĭeFi Pulse Index is the first of its kind, an index of decentralized finance that isn’t synthetic or a derivative but rather you own the tokens that comprise the capitalization weighted index. The DeFi Pulse Index is a blockchain financial product that lowers the barrier to entry for new users who lack the expertise to gain exposure to DeFi, and provides experienced users with exposure to DeFi through one single asset. New users want a safe and reliable shortcut into DeFi that they feel safe placing their trust in. For some, this path is simply too much there are so many concepts, terms, and protocols to learn that it can be far too easy to hit a wall or stumble along the path. It often starts with a google search or tweet which leads you down a long, exciting and sometimes treacherous path of learning the ins and outs of the world of decentralized finance. I-Pulse has an office c/o 606-999 Canada Place, Vancouver, British Columbia, Canada, V6C 3E1.DeFi Pulse Index is a capitalization weighted index built on Set Protocol’s new V2 infrastructure consisting of 10 of the most popular DeFi tokens available on Ethereum.ĭeFi Pulse has always been proud to be many user’s first steps into DeFi. For further information and to obtain a copy of the early warning report filed under applicable Canadian provincial securities legislation in connection with the transactions hereunder, please go to Kaizen’s profile on the SEDAR website ( ), or contact Sam Kenny at (604) 689-8765. I-Pulse is acquiring the Settlement Shares for investment purposes and is subject to the rules of the TSX Venture Exchange and applicable securities laws, I-Pulse may, depending on market and other conditions, increase or decrease its beneficial ownership of Kaizen’s securities, whether in the open market, by privately negotiated agreements, or otherwise, subject to a number of factors including general market conditions and other available investment and business opportunities. All of these securities are beneficially owned and controlled by I-Pulse, through its affiliate, IVNE. Following the issuance of the Settlement Shares, I-Pulse has beneficial ownership and control over 544,289,707 Kaizen Shares, representing 82.7% of the current issued and outstanding Kaizen Shares, and is deemed to beneficially own an additional 38,195,378 Kaizen Shares issuable upon exercise of warrants to purchase Kaizen Shares held by IVNE, which if exercised, would result in ownership of approximately 83.6% of the then issued and outstanding Kaizen Shares on a partially-diluted basis. Immediately prior to the Debt Settlement, I-Pulse had beneficial ownership and control over 396,226,929 Kaizen Shares, representing approximately 77.7% of the then issued and outstanding Kaizen Shares. Following completion of the Debt Settlement, I-Pulse beneficially owns or exercises control and direction over 544,289,707 Kaizen Shares, representing 82.7% of the issued and outstanding Kaizen Shares. The Settlement Shares represent 22.5% of the current issued and outstanding common shares of Kaizen (the “Kaizen Shares“). (“IVNE“), pursuant to the settlement of outstanding debt of C$7,403,138.90 due from Kaizen to IVNE (the “Debt Settlement“). I-Pulse announces that further to Kaizen’s Septemnews release, it has acquired ownership and control over an additional 148,062,778 common shares of Kaizen (the “Settlement Shares“) through its affiliate, Ivanhoe Electric (BVI) Inc.

(“I-Pulse“) pursuant to the early warning requirements of Canada’s National Instrument 62-103 with respect to common shares of Kaizen Discovery Inc.

– October 4, 2021) – This news release is issued by I-Pulse Inc. Vancouver, British Columbia–(Newsfile Corp. Early Warning Report Filed Pursuant to Canada’s National Instrument 62-103 Acquisition of Shares of Kaizen Discovery Inc.
