Welcome to the SmartIndex weekly report. Here's a summary about this week events and performance of the portfolio:
Technical upgrades and economic performance
BlockNG rewards for SIDX liquidity has drastically fallen as a good amount of veLAW voting for the LAW/SIDX farm has been withdraw. Next week we'll see the real impact of this action and perhaps a liquidity reallocation is advisable.
Also, if SIDX price keeps falling, some actions like burning coins can be considered. Just take in mind that we are in a deep bear market and SIDX price is highly related to BCH price, so there's no easy solution.
The ETF project is still being tested, thanks again to @borrachomejor. It seems to work fine now.
Admin fees will go directly to the ETF portfolio in the form of BCH to pay for the gas expenses.