December 2023 Defi Report

December Report

January 3rd claimed rewards (68.931 Ref) Ref was staked as xRef (48.921) giving us a total xRef balance of 570.042.

We still hold our previous USDt balance of $140.16 and now have an xRef balance at current market value of $216.62, giving us a total USD equivalent of $356.78 up $57.08 from last month.

Impermanent loss has put our farmed value at $587.25 at time of report, so at present, from our initial $500 investment in DeFi, our current total balance (including rewards) is $944.03, after 16 months of this process.

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