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HomeCrypto NewsMarketSW DAO’s Report For January 2022 Shows Promising Results

SW DAO’s Report For January 2022 Shows Promising Results

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SW DAO recently launched two important projects, SW Alpha Portfolio & SW Yield Fund. They are tokenized portfolios intended to improve the automated investing industry. Both projects are globally accessible and quickly became very popular. 


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But even successful projects have ups and downs. So, it is essential to share consistent, realistic results with the public.  

Currently, the market is slightly unstable, and that fear is heightened. But nevertheless, SW DAO manages the situation very well, providing monthly reports with factual data and then, depending on the situation, comes up with solutions for stabilization. Because the SW DAO cares about their community, the team desires to share everything transparently 

Therefore, after launching their automated strategies on the low-fee Polygon network, SW DAO shows us a report for January 2022 with an overview of their projects and how they impacted the market. 

The ups and downs of SW DAO on the market 

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SW DAO’s income was constrained during January, resulting in a decreasing DAO treasury as crypto market prices dropped.  

Furthermore, SW DAO has partnerships with MarketPeak and StackedInvest, and both showed a general decrease compared to the prior month. In December 2021, StackedInvest had 77 new subscribers and SW DAO gained 5 new subscribers in January. 

In MarketPeak’s case, subscribers made no profit in January, resulting in no fees for SW DAO, compared to $29,100 the month before.  

Talking about the liquidity pool, as the price of underlying crypto-assets has fallen since the snapshot on December 31st, liquidity provisions in the SWD/ETH pools have decreased by around $36,000, from 319k to 283k.  

Thus, the DAO treasury total worth fell to $316,556.90, around $85,000 less than the $400,348.27 reported in December. This is due to a lack of freshly generated revenue and the SWIP-05 rebalancing of treasury assets in the dropping market, which reduced the treasuries mark to market value.  

Overall, the SW DAO team covered all costs during January, and the Treasury covered none, resulting in no capital outflow.  

Another important element for SW DAO’s projects is the Mobile App design, the most expensive segment for the month, accounting for 53 % of total costs. This is because the Robocat development team is wireframing their mobile application, which necessitates meticulous attention to detail and API backend development planning.  

So, the Mobile App and Web Development were two other key costs in January. As for the expenses for marketing and community management, they were close to those in December. 

SW Alpha Portfolio and SW Alpha Yield Fund 

SW DAO released SW Alpha Portfolio & SW Yield Fund as tokenized portfolios intended to improve the automated investing industry. The results in January show that SW Alpha Portfolio had a drop of of 23.5%. This was comparable to Ethereum’s 19% performance in the same timeframe.  

Moreover, now the SWAP is currently held by 10 unique ETH addresses.   

In the case of SW Alpha Yield Fund, it increased by 3.1% during January. EnterDAO, Premia Finance, and DYDX are just a few of the farms SWYF has deployed in the last month. Also, SWYF is currently held by 17 different ETH addresses 

Final conclusions 

The fluctuating StackedInvest and MarketPeak fees are currently the main sources of income for SW DAO. Also, SW DAO states that they will need a huge financial cushion to meet month-to-month development costs, or they will need to dramatically raise income to stay cash-flow positive, as current income is insufficient to pay expenses.   

But, after all this, SW DAO comes with bright solutions. SW DAO’s team attempts to establish SW DAO on its best two feet as it approaches its MarketPeak LaunchPad and hunts for further VC funding.   

Now, they are focusing on new income strategies, such as white-labeling the Yield Fund, which will smooth out the income curve by generating steady and predictable fees. SW DAO will streamline the marketing of the tokenized items after the deployment of Polygon on the official website in March.   

Everything SW DAO faces comes up with a well-thought-out and efficient solution because customers and community come first, besides information transparency. 

Keep an eye on their official website because the project team values the connection with their community, constantly sharing transparent and realistic data for you.  

You are also invited to join them on Discord by clicking here, and following SW DAO on Twitter to get the latest news! 

 

DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

Author

Albert Brown
Albert Brownhttps://thecryptobasic.com/
Albert Brown is a cryptocurrency investor and journalist who has been in the nascent space since 2017. His love and passion for technological innovations made him delve deeper into the world of blockchain and cryptocurrencies. As a journalist, Brown has written on several crypto-related topics that have been referenced by popular industry players like Tyler Winklevoss, Binance CZ, etc.

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