SmartIndex weekly report #21 (2nd to 8th January 2023)

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:


No new proposals submitted or voted this week.

Technical upgrades and economic performance

This week, rewards from the ETF portfolio has been reallocated into the farms (just around $10). The script calculates the performance for every farm (both SIDX and non-SIDX farms) and gives more weight to higher performance farms. Although past performance doesn't guarantee future performance, this is a way to avoid adding liquidity to low yield farms.

This reallocation will happen monthly, so the performance will be always calculated using the data from the last month. Data for this last month reallocation hasn't been made public, I apologize for that. I have to update the web app to display statistics for the ETF portfolio.

In the economic aspect, there's no need to say how bad the current situation is. The SIDX liquidity locked in the portfolio avoids a huge decline in price, but nothing can be done if BCH price keeps falling.