May Defi report

May Report

June 8th claimed rewards (80.889 Ref). Ref was staked as xRef (59.972) givinh us a total xRef balance of 274.987 xRef

We still hold our previous USDt balance of 140.6 and now have an xRef balance at current market value of $35.75, giving us a total USD equivalent of $176.35 down $0.80 from last month.

Impermanent loss has put our farmed value at $334.48 at time of report, so at present, from our initial $500 investment in DeFi, our current total balance would be $511.63, after 9 months of this process.