My DeFi Journey on Binance Smart Chain ! Episode 2 (+13%)

My DeFi Journey on Binance Smart Chain ! Episode 2 (+13%)


Hello HODLers,

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

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Indice Base 100 of Total Assets Value (USD$)

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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)

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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

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Last Portfolio Update on July, 6th

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Please comment if you think there are some coins/platforms... that I am missing.

Stay safe out there.

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Crypto_Lemon
Crypto_Lemon

Entrepreneur 🤵 , Writing about Blockchain, Cryptocurrencies 🚀, & Technology🕹


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