Neosify - Buy, Stake & Earn Crypto
Neosify - Buy, Stake & Earn Crypto
Neosify - Buy, Stake & Earn Crypto

My DeFi portfolio - Part #1: Ethereum & L2s

By Cryptofab | Cointune | 3 Jan 2023


Rather than sharing my crypto portfolio, I have decided to share my DeFi portfolio, i.e., the protocols in which I mostly invested.

I will divide it in 3 parts:

  • Ethereum & L2s
  • Other EVM chains
  • Non-EVM chains

Let's start with Ethereum & L2s.

My Ethereum & L2s portfolio

Due to Ethereum gas fees, I hold most of my assets on Ethereum's layer-2 chains, i.e., L2s, such as:

  • Optimism: my preferred protocols on this L2 are Velodrome Finance (RETH-WETH pool) and Synthetix (SNX staking).
  • Arbitrum: GMX.io is my favorite (GMX).

My strategy is to initially invest 100% into Velodrome, and to swap the rewards for:

  • SNX, which allows to mint sUSD, which can then be reinvested into Velodrome to generate more rewards, swapped again.
  • GMX, which allows to earn through staking more GMX and ETH, which can then be reinvested into Velodrome to generate more rewards, swapped again.

Disclaimer: this article does not contain any financial advice. The information is provided for general informational and educational purposes only.

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Cryptofab
Cryptofab

Studying Bitcoin, Alts & Arts.


Cointune
Cointune

Crypto, DeFi and passive income.

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