[RPI] 28.08.2024 Rebalance

Background

Rebalancing occurred as part of a product review prior to its launch, following a market shift two-month period after the initial settings.

Status

The target rebalancing ratio and Real Unit (R.U.) are calculated using CoinMarketCap data (price and market cap) as of 03/09/2024, 00:00 UTC. The Rebalancing R.U. represents the actual outcomes after executing the rebalancing function, aligned with the previously calculated target values.

During this rebalancing total $43.75 was swapped to reallocate the weights and 1.53% of slippage has occurred due to swap fees and the price impact, which is 0.135% of total market cap.

Sold (token > WETH)	Bought (WETH > token)	slippage	slippage in total
$43.75	$43.08	1.53%	0.135%

Changes

The Goldfinch (GFI) token has been removed from the components due to a significant decline in its DEX pool TVL, which has dropped from $1.8M to $390K within two months. Additionally, the team's lack of active engagement and growing negative sentiment within the community regarding the sustainability of Goldfinch products have contributed to this decision.