Welcome to the SmartIndex weekly report. Here's a summary about this week events and performance of the portfolio:
No new proposals have been submitted nor voted this week.
Technical upgrades and economic performance
Regarding economical data, the Yield percentage of farms graph located in the Yields page has been corrected. There was an error involving BlockNG Beam farms: as those farms aren't weekly farmed due to the exit fees, the graphs displayed an incorrect upwards trend. Now the graph is displaying the correct data.
It remains true that Beam farms yields display an upwards trend the last weeks, but they don't outperform other farms.
Regarding the ETF project, the code for the basic functionalities is written: deposits, displaying the ETF portfolio and withdrawal.
Test are being performed on mainnet with success, just a bug remains to be fixed: it seems that adding liquidity sometimes fails, it could be related to quick changes in the market or a calculation error. Once is fixed, next steps are: