Welcome to the SmartIndex weekly report. Here's a summary about this week events and performance of the portfolio:
Proposal #52 is being voted. This proposal aims to balance liquidity between farms and boost yields. Currently, Mistswap BCH/bcBCH farms holds more than 40% of portfolio's farms value while its performance is poor compared to other farms.
Also, it removes the bcUSDT accumulation and makes the yields destination clearer: profits from each DEX will simply feed each DEX SIDX liquidity pools.
Technical upgrades and economic performance
The server system was updated and security patches were applied. Python and all the dependencies were upgraded too. Bugs on some yields snapshot (the older one) which prevent displaying them were corrected.
A bug regarding BlockNG Kudos farms automatization was also fixed.
Work on the ETF still on progress.