August Defi Report

August Report

September 2nd claimed rewards (50.015 Ref) Ref was staked as xRef (36.092) giving us a total xRef balance of 395.301.

We still hold our previous USDt balance of 140.16 and now have an xRef balance at current market value of $31.62, giving us a total USD equivalent of $171.78 down $2.63 from last month.

Impermanent loss has put our farmed value at $305.38 at time of report, so at present, from our initial $500 investment in DeFi, our current total balance is $477.16, after 12 months of this process.