My DeFi Journey on Binance Smart Chain ! Episode 2 (+13%)
2 weeks ago I detailed the different DeFi platforms I was using to generate some yield and maybe some capital appreciation.
I am now writing an update on my Portfolio
Indice Base 100 of Total Assets Value (USD$)
Not bad to generate c. 13% performance over 2 weeks with kind of neutral/bearish markets !
I acknowledge that I have been lucky and hope to continue on this path.
Today's Portfolio (on July, 23rd)
As you can compare with the previous situation listed below:
- I sold my $BANANA rewards; possibly at the worst time ever at c.$1 when it is worth $1.7 at the time of writing. Nevertheless I am still collecting a >+300% APR on my BOG-BNB LP
- I bought $DPET and I am playing the MyDefiPet game (Axie style game) which has some potential and tokens increased quite a bit. I am following closely game updates
- I detail my Stablecoins holding on RabbitFinance (leveraged at c.8x to maximize my Yield)
- I have played around my leveraged $CAKE and increased my holdings through this "trading". I am getting a nice 140% APR on this position and would be liquidated if $CAKE underperforms Bitcoin by more than 35%.
- I lowered just a little bit my BUSD-CUB allocation
- I own some $BNB in order to be agile if there are some opportunities to buy $CAKE , $DPET or other interesting tokens
Last Portfolio Update on July, 6th
Please comment if you think there are some coins/platforms... that I am missing.
Stay safe out there.
Posted Using LeoFinance Beta