[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
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.
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