Welcome to the SmartIndex weekly report. Here's a summary about this week events and performance of the portfolio:
Technical upgrades and economic performance
On 1st March, all rewards from the ETF portfolio farm were harvested. The rewards are being held in the form of bcUSDT (11.94 bcUSDT) until I develop a new way to reallocate the earnings.
The current algorithm reallocates according to every farm yield: the highest yield gets the highest reallocation. Farms with low yields (specially some SIDX farms) get an amount so low that liquidity cannot be added. So according to proposal #53, I'll write a new algorithm that first keep SIDX liquidity at around 25% of the portfolio value and then places the remaining rewards (if any) to the farms according to the yield.
The only other thing that took place this week is that LNS, a staked asset, gave some yields, when usually LNS doesn't give anything.