Welcome to the monthly review of my token portfolio, I started tracking this portfolio now 53 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 July 2024.

Crypto interests

The portfolio earnings reached $2647 this month, that's a 36% 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:

• 116 UNI from Merkl as reward for my contribution to the WBTC/ETH liquidity pool on Linea and USDT/USDC on Mantle.
• 337 OP from Merkl as reward for my contribution to the WBTC/tBTC liquidity pool on Optimism. 
• 773 STRK from Ekubo as reward for my contributions to the ETH/WBTC and DAI/USDC liquidity pools on StarkNet. 
• 525 ARB from Merkl and Aura Finance as reward for my contributions to the ezETH/wstETH and wstETH/WETH liquidity pools on Arbitrum.
• 38 BADGER from Curve Finance as reward for my contribution to the EBTC/tBTC liquidity pool on Ethereum.
• 96 CAKE from PancakeSwap Finance as reward for my contribution to the pxETH/ETH liquidity pool.
• 1443 BSX from Merkl as reward for my contributions to the USDC/sFrax liquidity pool on Base.
• 74 CRV from Curve Finance as reward for my contribution to the EBTC/tBTC liquity pool on Ethereum.
• 0.025 ETH from GMX as reward from staking my GMX tokens.
• 2891 RAM from Merkl as reward for my contributions to the ezETH/wstETH liquitidy pool on Arbitrum.
• 88 AURA from Aura Finance as reward for my contributions to the wstETH/WETH liquidity pool on Arbitrum.
• 4 BAL from Aura Finance as reward for my contributions to the wstETH/WETH liquidity pool on Arbitrum.
• 8470 IOT from from my Helium access points.
• 2.77 IMX from Immutable as staking rewards. 
• 2.48 JTO from Kamino Finance as reward for my contributions to the JitoSOL/SOL liquity pool on Solana. 
• 0.67 TIA from staking TIA.
• 0.21 ATOM as staking reward from my ATOM.
• 2.96 LUNA from staking LUNA
• 0.65 OSMO from Osmosis as staking rewards.
• 1.66 JUNO from staking JUNO.

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

This month, the annualized interest is 9% APR. The average on the last 12 month is now at 17.4% APR.

Regarding the interest composition, this month the sources are again more diverse: UNI(31.1%), OP(20%), STRK(13.5%), ARB(12.9%) are the top contributors. The remaining sources are around 22.5%.

Transactions realized

Beginning of the month,

• I removed the liquidity I had invested in the USDe/USDC liquidity pool on Merkl on Arbitrum, moved the liquidity a USDC/USDT liquidity pool on Mantle, still on Merkl.
• I removed the liquidity I had invested in the tBTC/WBTC liquidity pool on Curve Finance on Arbitrum and moved it on Optimism on Merkl.
• I removed the liquidity I had invested in the ezETH/wstETH liquidty pool on Beefy on Arbitrum and moved it in the ezETH/ETH on Merkl.

Middle of the month,

• I removed the liquidity I had invested in the ezETH/ETH on Merkl and moved it into the wstETH/WETH on Aura Finance.
• I claimed the OP reward on Merkl and contributed it back in the tBTC/WBTC liquidity pool. 
• I removed the liquidity I had invested in the USDC/sFRAX liquidity pool on Merkl on Base, converted the FXS and BSX rewards into stable coins, moved the funds on Arbitrum and invested into the USDT/FRAX liquidity pool on Merkl.
• I claimed my STRK reward tokens from Ekubo and reinvested them into the WBTC/ETH liquidity pool on Nostra Finance for 36% APY.

End of the month,

• I claimed all my UNI token rewards from Merkl on Linea, moved it to Ethereum, swapped it to ETH, bridged it to Solana and swapped it to SOL and invested in the JitoSOL/SOL liquidity pool on Kamino Finance.
• I removed the liquidity I had invested in the WBTC/WETH in Merkl on Linea, bridged it back to Ethereum an invested it into EBTC/tBTC on Curve Finance  and pxETH/ETH on PancakeSwap Finance.
• I claimed my STRK reward tokens from Ekubo and reinvested them into the WBTC/ETH liquidity pool on Nostra Finance for 36% APY.

Evolution of the portfolio value

• The portfolio finished the month with a gain of $1.5K which is +0.46%.
• The performances of the main components of the portfolio were average: WBTC(+4.4%), ETH(-6.8%), GMX(-6.27%)

• The stable coins allocation is now 18.6%. It is a mix of USDC/USDT/FRAX.
• It is now 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.

The portfolio performance is +0.46% this month,  the historical monthly average is now +5.13%.

Things to look forward in August

July was a bit better than June but finished fairly bad. I'll try to reallocate things in August to get better yield on the portfolio.