Welcome to the monthly review of my token portfolio, I started tracking this portfolio now 60 months ago in full transparency. I provide updates of the interests received, the services used and the transactions performed during the month. This post tracks what happened in February 2025.

Crypto interests

The portfolio earnings reached $1900 this month, that's a 39% decrease from the previous month. The following tokens (including any kind of airdrops, mining, staking, interest rewards, browsing interest, Publish0x payments, and any kind of promo code or referee bonus) contributed to the earnings. They are ordered from the largest to the lowest contribution:

• 1751 CRV from Curve Finance as reward for contributing to the cbBTC/WBTC, frxETH/ETH, ETH/cbETH, ETH/pxETH and scrvUSD/sUSDe liquidity pools on Ethereum, and USDC/scrvUSD liquidity pools on Base, uniETH/WETH liquidity pool on Arbitrum, xStable and xWETH liquidity pools on Fantom.
• 0.00278226 WBTC from Raydium and Cetus as reward for my contribution to the cbBTC/WBTC liquidity pool on Solana and wBTC/WBTC liquidity pool on Sui.
• 358.6885 AERO from Aerodrome Finance as reward for contributing to the WETH/msETH liquidity pools on Base.
• 126 USDC from Curve Finance as reward for contributing to the sDAI/sUSDe  and scrvUSD/sUSDe liquidity pools.
• 0.5896 AAVE from Aave as reward for staking some AAVE and GHO.
• 5.2683 GMX from GMX as reward for staking my GMX tokens on Arbitrum.
• 0.49031 GNO from my GnosisPay Visa debit card cashback.
• 2171.4486 EYWA from CrossCurve as reward for contributing to the xStable and xWETH liquidity pools.
• 25.46 RAY from Raydium as reward for my contribution to the cbBTC/WBTC liquidity pool on Solana.
• 24.9278 CAKE from StakeDao as reward for my contribution to the cbBTC/WBTC liquidity pool on Ethereum.
• 28.7416 BAL from Aura as reward for my contribution to the EURe/sDAI on Gnosis.
• 50 JUP as airdrop from Jupiter on Solana.
• 14.1 JTO from Kamino Finance as reward for my contributions to the JitoSOL/SOL liquidity pool on Solana.
• 52.8522 AURA from Aura as reward for my contribution to the EURe/sDAI on Gnosis.
• 1.51 HNT from my Helium access points.
• 0.2304 ATOM as staking reward.
• 0.3571 CVX as reward for providing for contributing to the cbBTC/tBTC on StakeDAO and frxETH/ETH on Convex Finance.
• 2.198 JUNO as staking rewards.
• 0.7158 OSMO from Osmosis as staking rewards.
• 7.1 LUNA as staking reward.

The following diagram depicts the evolution of the received monthly crypto interests:

This month, the annualized interest is 6.2% APR. The average on the last 12 month is now at 11.5% APR.

Regarding the interest composition, this month the main sources are the followings: CRV(38.2%), USDC(6.5%), WBTC(13.3%), AERO(11.2%), AAVE(5.8%) are the top contributors. The remaining sources are around 25%.

Transactions realized

Beginning of the month,

• I removed the liquidity I had in the sUSDe/scvrUSD liquidity pool on Curve Finance on Ethereum as the interest decreased a lot. I converted it into WBTC, moved on Sui and added it on Cetus in the wBTC/WBTC liquidity pool for around 20% APY.

Middle of the month,

• I removed the liquidity I had in the sfrxETH/rsETH liquidity pool on Convex on Ethereum as the interest decreased a lot and moved it on StakeDAO in the ETH/pxETH liqudity pool for around 15% APY.
• I removed the liquidity I had in the cbETH/ETH on Curve Finance on Base as the interest decreased a lot and moved it on Aerodrome in the WETH/msETH liquidity pool for around 15% APY.
• I added to the same pool converted CRV and AERO rewards on Base.
• I claimed and compounded my GMX rewards.
• I claimed my EYWA and CRV rewards and converted them to USDC on Arbitrum that I send to Gnosis.
• I claimed my AURA and BAL rewards and converted them to USDC on Gnosis.

 End of the month,

• I added these USDC on Gnosis to the sDAI/EURe liquidity pool on Aura.
• I sold part of my GNO reward for EURe and sent it to my GnosisPay VISA debit card safe account.
• I transferred my liquidity from tBTC/cbBTC to WBTC/cbBTC on StakeDAO for better APY.

Evolution of the portfolio value

• The portfolio finished the month with a loss of $74.9K which is -16.8%.
• The performances of the main components of the portfolio were all bad: WBTC(-14.5%), ETH(-29.1%), GMX(-6.9%), SOL(-33.1%) and AAVE(-34.5%).

• The stable coins allocation is now at 20.6%. It is a mix of GHO/DAI/USDC/USDT/USDe/crvUSD/EURe.
• It is still in my target range of 15-25%. I'll reinvest the monthly interest received in stable coin if the stable coin allocation is lower than the range, in non-stable coins if it is higher than the range.

Here is the portfolio value compared to the value invested and the interest received. This month the value invested decreased slightly because of the spending done on my GnosisPay VISA debit card and no fresh funds added.

The portfolio performance is -16.8% this month, the historical monthly average is now +6.8%.

Things to look forward in March

February was very bad and I increased my Bitcoin allocation. I plan to try to increase the monthly interest to be higher. Apart from that, I'll continue paying for my monthly spending using mostly my crypto interest and my GnosisPay VISA debit card to decrease the value invested.