SmartIndex weekly report #31 (13th to 19th March 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 proposals have been submitted nor voted this week.

Technical upgrades and economic performance

Green week, many assets held in the SmartIndex portfolio has increased their value. This trend can continue depending on the fate of banks and also CoinFlex news.

On the technical aspects, the server now connects on RPC servers based on new parameters and this seems to work way better than before.

Regarding the ETF, I'm still doing some work to honor proposal #53: SIDX pools should be 25% of the ETF portfolio.

This leads to 3 different scenarios the script has to take into account:

  • Liquidity under 25%: current scenario (13.46%)
  • Liquidity around 25%: it will be between 20 and 30%
  • Liquidity over 30%

As money needs to move to SIDX liquidity pools, I aim to put the rewards in the liquidity pools. Funds will be proportionally withdraw from the 3 main sections: SEP20 token, staked tokens and farms. Inside staked tokens and farms, the less yield, the biggest withdrawal. 

This method won't be perfect, as many tokens in SmartBCH face a low liquidity problem: this means higher slippage and getting less funds than expecting. Nevertheless, if SIDX liquidity is over 20% it can be considered good enough.