SHIT Index Update: Removing DGD

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DGD is being de-listed from many exchanges, and so its index will soon be unreliable. We are removing it from the SHIT index.

The overall value of the SHIT index at that point will not change.

At 6:00PM UTC, April 6 2020, we will update SHIT's weights.

Update: we've finished the rebalance; here are the new weights:

New Weights

AE      90.7001
AION 109.5766
ARDR 289.0368
ARPA 1409.0042
BCD 23.4041
BEAM 26.0241
BTG 1.4232
BTM 199.2910
BTS 630.9484
BTT 43049.8823
CHZ 1271.8050
CKB 2213.1812
DGB 2679.8559
ELF 167.1330
ENJ 147.2002
GNT 292.2204
GRIN 16.3629
GT 28.1964
HBAR 297.9107
HC 9.5370
ICX 43.8766
IOST 2938.8875
KMD 25.7696
KNC 21.0360
LAMB 571.3568
LRC 350.9634
LSK 11.6718
MANA 344.4916
MATIC 658.6988
MCO 3.1554
NANO 20.2946
NPXS 88703.4411
NULS 60.5016
OMG 17.6473
POWR 156.0247
REN 244.7993
REP 1.3109
RVN 594.2007
SC 7385.0849
SNT 1035.6650
STEEM 74.7390
THETA 122.3575
TOMO 30.8479
VSYS 342.5185
WAVES 12.1826
XVG 4263.3553
XZC 2.9912
ZEN 1.6335
ZIL 2405.9681
ZRX 59.5593

 

Old Weights

AE      88.8268
AION 107.3134
ARDR 283.0671
ARPA 1379.9030
BCD 22.9207
BEAM 25.4866
BTG 1.3938
BTM 195.1748
BTS 617.9170
BTT 42160.7390
CHZ 1245.5374
CKB 2167.4706
DGB 2624.5067
DGD 0.3610
ELF 163.6811
ENJ 144.1599
GNT 286.1849
GRIN 16.0249
GT 27.6140
HBAR 291.7577
HC 9.3400
ICX 42.9704
IOST 2878.1883
KMD 25.2374
KNC 20.6015
LAMB 559.5561
LRC 343.7147
LSK 11.4308
MANA 337.3766
MATIC 645.0942
MCO 3.0903
NANO 19.8754
NPXS 86871.3788
NULS 59.2520
OMG 17.2829
POWR 152.8022
REN 239.7433
REP 1.2838
RVN 581.9282
SC 7232.5549
SNT 1014.2746
STEEM 73.1954
THETA 119.8304
TOMO 30.2108
VSYS 335.4442
WAVES 11.9309
XVG 4175.3008
XZC 2.9294
ZEN 1.5997
ZIL 2356.2757
ZRX 58.3292

 

Process for Updating Weights

At 6:00PM UTC, April 6 2020, we will update the weight of each index constituent like so:

Overall value of SHIT = Sum of the weight of each constituent * its value

Weight = (Previous Weight) * (Overall value of SHIT / [Overall value of SHIT - (DGD weight * DGD value)]

And set the weight of DGD to 0.

 

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