Mining income update – 7/1/2020
At Rose City Income Fund, we are focused on generating income for our investors. We generate income from operating digital toll-booths. These toll-booths collect fees whether the market goes high or low. We employ market-neutral strategies, that produce reliable income. One of our Portfolio holdings is Synthetix, which we were buying last year at $0.5. We got another opportunity to add more this year in March.
Our weekly income generation data is written on to the blockchain. All of this information is already public and can be verified by anyone anytime. Here is the link for the spreadsheet: https://docs.google.com/spreadsheets/d/1QU47tR4eK0fD2ySaP88LM9U46vD7p6mt80KSfqu00DI/edit#gid=366963260
Today we have received 46.07 SUSD tokens and 2716.75 SNX tokens. In order to receive this income, we have staked, 360324.22 tokens of SNX. This produced a annualized yield of 48.21% APY. The average yield generated as of today is 47.43%. The calculations of yield are shown in the screenshot below.
Mining income snapshot