Performance report #1
At yieldscan, we believe that all generally useful information should be free (i.e. “Free as in freedom”). We believe transparency plays a key role in creating accountability and building trust within the community.
Our aim with this report is to keep the yieldscan and the wider crypto community informed of our progress.
Today we’re releasing our first Performance Report to share insights into how we’ve grown since our launch in December, 2020.
DISCLAIMER: This report has not been audited by a third-party professional accounting firm, and does not represent financial, investment, or advice of any kind. It is for informational purposes only. As such, there may exist errors or inaccuracies that materially misstate the financial statements. This report does not constitute advice for any purpose.
Insights Summary
- $25M+ worth of staked assets are currently managed through yieldscan
- $6.6M+ worth of increase in staked assets has been facilitated by yieldscan on Polkadot and Kusama combined
- $105.4M+ worth of KSM and DOT (combined) has been reallocated through yieldscan
- 0 reports of slashing incidents
Detailed Performance Report — Period: Dec 14, 2020 — Sep 17, 2021
Total Value of Staked Assets: $25M+
Breakdown:
- Polkadot: ~$9,204,281 (266,019.69 DOT, calculated @$34.60/DOT)
- Kusama: ~$15,844,851 (40,044.61 KSM, calculated @$395.68/KSM)
Cumulative value of staked assets over time:
Total increase in staked amount: $6.6M+
The increase in total stake amount which was previously NOT staked on the network, and was facilitated through yieldscan
Breakdown:
- Polkadot: ~$4,400,101 (127,170.57 DOT, calculated @$34.60/DOT)
- Kusama: ~$2,255,767 (5,700.99 KSM, calculated @$395.68/KSM)
Increase in staked assets over time:
Total assets reallocated: $105.4M+ (only existing stake rebalances)
The amount which was already staked on the network, but was re-allocated through yieldscan
Breakdown:
- Polkadot: ~$17,589,181 (508,357.86 DOT, calculated @$34.60/DOT)
- Kusama: ~$87,907,754 (222,168.81 KSM, calculated @$395.68/KSM)
Slashing: 0 reported incidents
Although we didn’t track slashes till now, none of our users have reported any slashing incidents so far.
About YieldScan
YieldScan is a portfolio management platform which aims to simplify staking in the polkadot and kusama ecosystem.
Connect with us
- 🐦 Find us on Twitter — https://twitter.com/yieldscan
- 👾 Join us on Discord — https://discord.gg/5Dggqx8
- 📩 Email us at — contact@yieldscan.app
