Welcome to the monthly review of my token portfolio, I started tracking this portfolio now 13 months ago in full transparency. I still provide updates of the interests received, the services used and the transactions performed during the month. This post tracks what happened in March.

Crypto interests received in March

This month, the portfolio crypto interest more than tripled compared to February. The following sources, included 6 new in bold this week, contributed to the interest. They include any kind of crypto reward, browsing interest, Publish0x payments, and any kind of promo code or referee bonus:

• 8.8 BOR from BoringDAO as reward for staking oBTC. This interest is very high because it includes the previously locked reward from the first 90 days of usage of BoringDAO.
• 1310 CRV from Curve as reward to my participation to the USDN/3pool and ETH/stETH liquidity pools
• 1028 LDO from  Curve as reward to my participation to the ETH/stETH liquidity pool
• 128.26 CEL from Celsius Network as interest on my BTC, ETH, CEL, DASH, LINK, SNX, 0x, UNI, DAI and USDC tokens.
• 0.19 ETH from SwissBorg as interest on the Smart Yield account for my ETH tokens.
• 70.79 CHSB from SwissBorg as interest on the Smart Yield account for CHSB tokens.
• 0.01 AUTO from Autofarm as reward on my BNB, LINK and DOT tokens.
• 2.25 SNX from Celsius Network as interest on my SNX
• 0.05 FARM from Harvest Finance as staking reward for my FARM tokens.
• 9.31 ADA from Binance as locked staking reward on my ADA tokens.
• 0.25 LUNA from Terra as staking rewards on my LUNA tokens.
• 0.25 SUSHI from Sushiswap as staking reward for my SUSHI tokens.
• 7.53 TFUEL from Theta Network as rewards for staking TFUEL and running a Theta Edge node.
• 0.32 XTZ from Binance as locked staking reward on my XTZ tokens.
• 1.38 BAT from Brave from ads.

The following diagram depicts the evolution of the received monthly crypto interests and shows the big jump of this month.

Regarding the interest composition, BOR and CRV are basically 85% of the interest received. CEL is down to less than 5% while it was most of the interest a few month ago.

Transactions realized in March

As planned in the previous report, I added a few more assets by selling $20K of ETH that I had in my Celsius Network wallet mid-month:

• I purchased 10989 TFUEL on Binance and sent them in a Theta Network wallet configured in a Theta Edge Node that I used to stake the coins.
• I purchased 146.27 LUNA on Binance and sent them in a Terra wallet that I used to stake the coins.
• I purchased 110.88 DOT on Binance and sent them to Autofarm on the Binance Smart Chain.
• I purchased 19.32 BNB on Binance and sent them to Autofarm on the Binance Smart Chain.
• I purchased 3118.87 ADA on Binance and locked them for staking.
• I purchased 100 XTZ on Binance and locked them for staking. 

Additionally, to improve a bit my interests:

• I moved the rest of my ETH from Celsius Network to SwissBorg as soon as the ETH Smart Yield was launched. The yield I get on those ETH went from 6.35% APY in CEL on Celsius Network to around 13% APY in ETH on SwissBorg.
• I moved my LINK from Celsius Network to Autofarm. The yield went from 5.66% APY on Celsius Network to around 20% APY on Autofarm.
• I changed the reward settings from my SNX on Celsius Network to gain in SNX instead of CEL. It decreased the reward to 13.99% APY but I prefer receiving SNX than CEL currently.

End of the month, I stacked the BOR tokens received as interest from BoringDAO for around 188% APY reward. The BOR token had a nice momentum recently, so I decided to keep it this month instead of reinvesting it in another token.

Evolution of the portfolio value in March

• The portfolio gained around $74K in March which is +16%. This is once again very high and is mainly coming from ETH (+25%) and CHSB (+20%). BTC increased around the same than than the portfolio (+18%) and CEL was again disappointing with -2%. 
• The volatility was very high: portfolio started the month at around $459K, then reached around $550K middle of the month, then lost almost all the performance to finally finish the month at $534K.

• If I'm still trying to keep the allocation to stable coin to 20%, this month I'm a bit late doing the rebalancing, I'll probably do that next weekend when gas fee is lower.
• While I sold $20K of ETH, the allocation to ETH is still at 30% because of its nice performance this month.
• CEL performance has been really disappointing this year, so I'll probably decrease the allocation again.

Regarding the evolution of the portfolio value vs the capital invested, the portfolio value has still increased its margin compared to the value invested. The stable coin part of the portfolio as well as the interest received are now higher than the value invested.

Things to look forward to in April

For April, I'll have to implement the rebalancing early this month, in particular I'll have to reinvest the CRV and LDO tokens received. I might try to use another service than Curve to increase the yield on the stable coins like Alpha Homora V2 or Yearn Vaults. I'm looking forward for the introduction of additional coins on the Smart Yield accounts of SwissBorg and I'd like the CEL tokens to pump a bit, it's been a while...