At Aqua Patina, transparency and community engagement remain core to our mission. As we close out 2024, we’re excited to share our performance update for December, showcasing the growth, achievements, and ongoing innovation that define Aqua Patina.

December Performance Overview

Rewards Earned:
In December, Aqua Patina generated 2.2306 ETH in rewards, equivalent to approximately $7,432.88 (based on an ETH price of $3,334.17 as of Dec 31, 2024).

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Total Value Locked (TVL):

• Starting TVL (Dec 1, 2024): 292.6249 ETH
• Ending TVL (Dec 31, 2024): 449.4755 ETH
• Net Inflow: 154.63 ETH

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Average APY:
The average APY during December was 7.74%, ensuring consistent, competitive returns for our stakers.

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User Insights

Aqua Patina has 24 users, with 2 users acquiring apETH via Uniswap. Based on the December performance data, here’s how users benefited:

• Average TVL Per User: 18.73 ETH (based on 24 users).
• Average Income Per User:
  • ETH: 0.09294 ETH
  • USD: $309.87

For example:

• A user who staked 1 ETH at the beginning of December earned approximately 0.00645 ETH, increasing their balance to 1.00645 ETH by month-end.
• A user with $1,000 worth of ETH (roughly 0.2999 ETH at the start of December) earned 0.00232 ETH, growing their holdings to 0.30222 ETH, which is worth $1,008.33 at month-end.

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Key Milestones

1. 14 Validators Running:
   We are proud to have expanded our network to 14 validators, distributed across two SSV clusters. This growth not only enhances network security but also boosts our reward-generating capabilities.
2. New Node Operators:
   December marked the addition of four new Node Operators who are now actively contributing to our second SSV cluster.
3. Compounding Rewards:
   With 14 validators, Aqua Patina now earns more than 32 ETH per year, enabling us to compound rewards more effectively and maximize returns for our users.
4. Uniswap Liquidity Pool Activity:
   Two users have acquired apETH via Uniswap, showing growing interest in our liquid staking token. The liquidity pool provides a flexible entry point for those seeking to join Aqua Patina’s ecosystem.

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Looking Ahead: Portfolio Management System

To provide even greater flexibility, we are actively developing a portfolio management system. This second product will allow users to protect their USD value during bear markets by unstaking and reallocating funds to a rebalancing portfolio. Aqua Patina remains committed to delivering innovative, user-focused solutions that cater to diverse financial goals.

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Disclaimer

Past performance does not guarantee future results. While Aqua Patina strives to maximize returns through decentralized and secure staking practices, cryptocurrency values and rewards can fluctuate due to market conditions.

Aqua Patina continues to redefine decentralized savings, empowering users to grow their assets in a secure, user-controlled environment. Thank you for being part of our journey. Together, we are shaping the future of finance. 🌿