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:
Proposals
No new proposals submitted or voted this week.
Technical upgrades and economic performance
The year starts with no news, just a technical stop has been made on the server.
By percentage, Emberswap is offering us the best yields for providing SIDX liquidity. Regarding farms, the way BlockNG Beam farms yields are calculated will be changed again. Beams farms aren't harvested until there's a proposal, so the yields keep accumulating. The engine just subtract the former week yield value (in USD) to the current one. The issue with this method is that LAW price variation is reflected, so from the next week, the yield will be calculated based on the value of the LAW earned every week.
Regarding the ETF project, pending rewards will be reallocated monthly, starting today. I had some delay writing the code but it will be finished in the next days.