February 2024 Defi Report

February Report

March 2nd claimed rewards (25.894 Ref) Ref was staked as xRef (18.13) giving us a total xRef balance of 608.315

We still hold our previous USDt balance of $140.16 and now have an xRef balance at current market value of $218.99, giving us a total USD equivalent of $359.15 up $53.74 from last month.

Impermanent loss has put our farmed value at $623.73 at time of report, so at present, from our initial $500 investment in DeFi, our current total balance (including rewards) is $982.88, after 17 months of this process.

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