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
Changes done on the SmartIndex portfolio:
Staked on Ember SIDX/EMBER farm: 889.99K EMBER + 564.04 SIDX ($335.30)
All EMBER swap to 426.297 LAW
This LAW is paired with 518.577 SIDX.
Remaining SIDX: 45.464 used to add Tango liquidity.
Tango liquidity: 22.73 SIDX plus 0.009 BCH
Changes done on the ETF Portfolio:
Staked on Ember SIDX/EMBER farm: 345.89K EMBER + 219.20 SIDX ($115.29)
All EMBER swapped to 163 LAW.
Liquidity added to BLOCKNG SIDX/LAW farm: 81.52 LAW and 98.02 SIDX.
Remaining SIDX: 219.49 tokens, which were added to Tango's BCH/SIDX farm: 109.8 SIDX and 0.043 BCH.
Technical upgrades and economic performance
A bug was spotted after an ETF investor tried to withdraw. It's still pending the investor's answer but it seems to be solved now. The bug was caused after Web3py upgrade.
Economically, SIDX price is slowly declining as well as BLOCKNG farms and punks rewards.
Only weekly USDT rewards are higher these weeks.