Welcome to the SmartIndex weekly report. Here's a summary about this week events and performance of the portfolio:
Rewards from staked tokens, farms and punks for this week can be seen in the snapshot taken today here.
Rewards have been allocated in the next fashion:
No new proposals have been submitted nor voted this week.
Technical upgrades and economic performance
In the economical aspect, we all know how bad the market currently is. Probably, it will take long before a bullish phase begins. Meanwhile, this bear market will take away a lot of money from crypto and many projects will perish.
The only think we can do is to stay alive and keep developing. Today the ETF project is 1 week old. Bugs have arise and have been fixed, special thanks to @borrachomejor for spotting one critical bug regarding S-ETF token minting.
Besides debugging, the ETF portfolio tracker has been improved: https://transparency.smartindex.cash/ETF
- An explanation about how the ETF project works is included. Also, there's real-time data about the watchdog status.
- Using SmartIndex yields, statistics are provided for staked and farms: APY for staked tokens and weekly yield for farms.
- The share of every asset is also included.
In the ETF portfolio, yields are more complicated to obtain: when an investor performs a deposit or withdrawal, staked tokens and farms are harvested. So it's not possible to just take a weekly snapshot like is done with SmartIndex portfolio.
At the moment, the allocation of the rewards is not decided, but this is what I have in mind:
This changes will be included soon. Also, some more interactive way to perform deposits or at least get a notification is desired. If everything runs smoothly, in 1 week the ETF will also be linked in the SmartIndex portfolio tracker.