SmartIndex weekly report #14 (14th to 20th November)

Welcome to the SmartIndex weekly report. Here's a summary about this week events and performance of the portfolio:

Rewards allocation

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:


Proposal #53 was submitted and approved this week.

This proposal aims to unify initial and extra SIDX liquidity pools (already done), so keeping track of the liquidity is easier. All the liquidity is now on the portfolio wallet. Additionally, this makes taking weekly yields easier, just a small change in the automatization system must be done.

On the ETF portfolio, 25% of the value will be in the form of SIDX liquidity, using the same DEX ratios as the SmartIndex portfolio. Farms will be compounded each week (12:00 UTC every Sunday) and at the same time, funds will be reallocated to keep SIDX liquidity at 25% of the ETF portfolio value, if necessary.

This changes will be ready in just a few days and will boost SIDX liquidity more than the current weekly yield.

Technical upgrades and economic performance

Farms yields on 20th Nov

In the economic aspect, the only remarkable thing is a big drop of the yield in BlockNG Beam farms, preceded by a big boost last week.

Now new bugs have been found nor reported for the ETF project:

After some more testing, the ETF project will be linked in the SmartIndex transparency portal.

The only feature lacking is just some notification system for investors when depositing/withdrawing, no major changes needed at the moment.