July Defi Report

July Report

August 1st claimed rewards (66.091 Ref). Ref was staked as xRef (47.867) giving us a total xRef balance of 359.208 xRef

We still hold our previous USDt balance of 140.16 and now have an xRef balance at current market value of $35.92, giving us a total USD equivalent of $174.41 up $1.67 from last month.

Impermanent loss has put our farmed value at $332.26 at time of report, so at present, from our initial $500 investment in DeFi, our current total balance would be $506.67, after 10 months of this process.

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