IMC Period 29 Report; Period 30 Budget

,
1

Hi Rocket Pool,

Summary below:

Report 29

image
image881×752 72.9 KB

Important points:

  • We finished moving our Ramses liquidity (swapped ETH and WETH to rETH and minted a new position): R A M S E S. You can see the updated non-RPL and POL assets/value showing the changes (green text for increased value, red text for decreased value).
  • Our Hidden Hand transaction for the first fortnight wasn’t completed in time, so the funds were transferred to Val and an alternative method of directly incentivizing with USDC was used: Discord, also see links in the IMC tracking sheet for more info.
  • IMC continued spending budget cut (by calculating values with artificial 0.005 RPL/ETH ratio)
  • ~11.07k of RPL inflows, ~11.05k of RPL outflows
  • Budgeting summary:
    • RPL balance change: Period 29 saw a +0.06% change from ~3.5k RPL to ~3.52k RPL
    • Extrapolated months to zero RPL balance: Period 29 shows “-” since we now have a balanced budget (slight surplus), and can continue to spend at this rate indefinitely

Budget 30

image
image880×613 53 KB

  • Continue spending budget cut (by calculating values with artificial 0.005 RPL/ETH ratio)
  • Inflows/Outflows should be identical to Period 29, leaving us with the same balanced budget (slight surplus)

Data - 1% Price Impact

image
image875×474 66.3 KB

  • Liquidity trending slightly down, this is likely due to rETH depeg / discount to NAV. Something to keep an eye on, and the IMC will discuss

Resources

1 Like