The results of the work of TRE-Fund for December
First of all, on behalf of the Fund, I want to congratulate everyone on the new year 2019 and wish you more successful investments and strong nerves in our hard work!
And now to the results of the work. In December on the BitShares exchange significantly decreased trading volumes, which was reflected on the robots of the Fund. In some pairs, there was no movement for the whole month, others showed themselves more effectively. Below is a summary table for the entire portfolio:
| Cryptocurrency | December | November | October |
|---|---|---|---|
| BTC | 0% | +2.84% | +1.53% |
| bitRuble | 0% | +2.2% | +0.85% |
| ETH | +3,16% | +4.74% | +1.98% |
| EOS | +2,07% | +1% | --- |
| Total return | +1,78% | +1,54% | +1,45% |
In December, the estimated value of the portfolio increased from 269 bitUSD to 387 bitUSD. The profit from the robots was 4.56 bitUSD, which is 1.78% compared to the value of the portfolio on the first day of the month.
Buy, burn and sell new tokens
For the redemption of tokens from the market was spent 3,65 bitUSD. Burned 3,6444 XCHNG.FUND, at the moment investors have 478,7865 tokens left. The maximum redemption price was 1 bitUSD. New 9500 tokens of the Fund are offered for sale at this price. You can buy them on the exchange until January 2.
PS
Since January, the Fund has launched a new robot with an algorithm that extracts profit from volatility. We hope that the yield in this regard will grow. Description of the robot will be posted a little later.
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