Dear Astra DAO Community,
We are thrilled to bring you an exciting update regarding the upgrades to our indices and iToken staking contracts.
The indexes for GMX ARB, Chainlink, ETH, WBTC, and the iToken staking rewards have been airdropped to holders. This means that holders of iTokens associated with these indices have been airdropped the underlying assets, further reiterating the utility and flexibility of our platform.
But that's not all – we understand the importance of rewarding our users for their participation and investment in our ecosystem. As such, we have also implemented a mechanism to calculate the Return on Investment (ROI) on the money invested into these indexes and the corresponding iToken staking rewards. This will provide greater transparency and clarity regarding the performance of your investments within the Astra DAO ecosystem.
To give you a clearer picture of the market performance of each index since its creation, here's a table showing the Market ROI from the start date.
However, it's essential to note that with these rewards comes a performance fee. To sustain the development and growth of our platform, a 20% performance fee was charged on profits made from the indexes. This fee is necessary to ensure the long-term viability and success of Astra DAO, allowing us to continue innovating and delivering value to our community.
We are excited about the possibilities these upgrades bring and look forward to embarking on this journey with you, our valued community members.
Thank you for your continued support and trust in Astra DAO.
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