Welcome to the monthly review of my token portfolio, I started tracking this portfolio now 17 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.

Crypto interests

The portfolio earnings reached $7957 this month, that's a 10% decrease from the previous month. The following tokens (including any kind of staking or interest rewards, browsing interest, Publish0x payments, and any kind of promo code or referee bonus) contributed to the earnings:

• 202.07 ADDY from Adamant Finance as reward to my participation to the am3CRV, MAI/USDC, IBBTC/WBTC, WETH/CEL, ADDY/WETH and MATIC/ETH liquidity pools and as ADDY staking dividends.  
• 879.13 MATIC from Adamant Finance as ADDY staking dividends
• 96.26 SUSHI from Sushiswap as staking reward for my SUSHI tokens and the unlocking of old stacking rewards.
• 426.33 CRV from Convex Finance and as reward to my participation to the rETH, LINK and EURS liquidity pools.
• 180.64 CVX from Convex Finance as interest on my cvxCRV, rETH, LINK and EURS liquidity pools
• 72.64 CEL from Celsius Network as interest on my CEL, 0x, UNI and DOT tokens
• 145.53 FIS from Convex Finance as reward to my participation on my rETH liquidity pools
• 126.41 CHSB from SwissBorg as interest on the Smart Yield account for CHSB tokens
• 2.94 SNX from Celsius Network as interest on my SNX
• 0.62 DOT from Celsius Network as interest on my DOT
• 0.04 FARM from Harvest Finance as staking reward for my FARM tokens.
• 13.39 ADA from Binance as locked staking reward on my ADA tokens.
• 1.08 BAT from Brave from ads.
• 9.34 BUSD/3CRV from Ellipsis Finance and Convex Finance as reward to my staking of my EPS tokens and my cvxCRV tokens.
• 0.003 DASH from Binance as locked staking reward on my DASH tokens
• 0.16 AVAX from Binance as locked staking reward on my AVAX tokens

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

Regarding the interest composition, ADDY(52%), MATIC (11%), SUSHI (10%), CRV(9%) and CVX(7%) are the top contributors of the interest. The remaining 11 sources are only 11%. This explains also the decrease of the interest dollar value this month as ADDY price lost around 50% this month.

Transactions realized

At the beginning of the month,

• I moved my USD stable coins from the am3CRV to the MAI/USDC liquidity pools on Adamant Finance because of the decrease of the interest on the first one. At that time, Adamant Finance interest on those stable coins was more than 100% APY, it is still more that 50% APY.
• Then I converted around 900 MATIC and a few other dusts into WETH and unstaked my ADDY to put them both into the ADDY/WETH liquidity pools on Adamant Finance. for more than 500% APY.
• I moved my BNB and BTCB tokens from Goose Finance to Belt Finance to get better rewards.

Middle of the month,

• I moved around $10K CEL from my Celsius Network wallet and around $10K ETH from the Convex Finance rETH liquidity pools to the Polygon blockchain and used them both in the WETH/CEL liquidity pools on Adamant Finance. The reason for doing that small experiment is that CEL on Celsius Network earns only 4.8%, ETH on Convex Finance earns only 9.8% APY and the WETH/CEL liquidity pools was earning around 100% APY at that time, currently 28% APY.
• I staked my CVX and CRV rewards on Convex Finance as the network fees were low.
• I moved my DOT token from Binance to Celsius Network to get better rewards.

End of the month,

• I swapped half of my monthly MATIC rewards in WETH and put everything into the MATIC/ETH liquidity pools on Adamant Finance for around 80% APY.
• I staked again my CVX and CRV rewards on Convex Finance as the network fees were still low
• I moved my BNB tokens and BTCB tokens from Belt Finance to Autofarm to get better rewards.

Evolution of the portfolio value

• The portfolio finished the month with a gain of $58K which is +12%.
• If we look at the performance of the main components of the portfolio, the portfolio did worth than BTC (+18%), ETH(+20%) and CHSB (+26%) mainly because CEL did poorly (+2%), the stable coin parts of the portfolio almost reach 25% beginning of the month and some other altcoins underperformed. 

• I did not do major rebalancing during the month, I just kept on reinvesting some of the crypto interest into BTC and ETH.
• The stable coin allocation is now 19.3% which is inline with my 15-20% target range.
• The ETH/BTC allocation is now 46%, still in the 40-50% target range
• CEL/CHSB is still at around 27% which is OK.

Regarding the evolution of the portfolio value vs the capital invested, the portfolio value regained some margin compared to the value invested.

The portfolio monthly performance of 12% of this month is very close to the average monthly performance.

Things to look forward to in August

In August, I'm looking forward to the release of the swap feature of the Celsius Network wallet as it could change a bit the way I'm handling part of my portfolio. I'll also continue monitoring the different platforms I'm using in particular Adamant Finance and Convex Finance.