Weekly Update 8/7/22
Hello fellow 8thWonders! We have seen a general rally in ETH and BTC. Likely due to the ETH PoS upgrade around the corner. Some other alternative assets like Ethereum Classic have also had some pretty big moves in the last week. Never a dull moment in DeFi.
CeFi Model Portfolio Updates
Things are quiet in CeFi land. No changes to our portfolio this month. We are still running at at blended rate of 6.18%. Midas.Investments released an investor report which from what I have seen, is first of its kind telling, us how it gets yield in its Yield Automated portfolios (YAP’s). This is a very encouraging move and I hope other CeFi companies follow suit.
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