Welcome to the monthly review of my token portfolio, I started tracking this portfolio now 57 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 November 2024.

Crypto interests

The portfolio earnings reached $3578 this month, that's a 79% increase 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:

• 1359 USDC from Merkl and Curve Finance as reward for contributing to the WBTC/cbBTC, sDAI/sUSDe  and scrvUSD/sUSDe liquidity pools.
• 52150 KIM from Merkl as reward for contributing to the ETH/rsETH  on Mode.
• 310.60 AERO from Aerodrome Finance as reward for contributing to the WETH/msETH and tBTC/cbBTC liquidity pools on Base.
• 128.88 OP from Merkl as reward for my contributions to the ETH/rsETH liquidity pools on Mode.
• 6.33 GMX from GMX as reward for staking my GMX tokens on Arbitrum.
• 734 ZK from Merkl as reward for contributing to the WETH/wrsETH liquidity pools on zkSync.
• 195.6 CRV from Curve Finance as reward for contributing to the cbBTC/WBTC and scrvUSD/sUSDe liquidity pools on Ethereum.
• 0.5711 AAVE from Aave as reward for staking some AAVE and GHO.
• 0.0197 ETH from GMX as staking reward for my GMX tokens on Arbitrum and from Curve Finance as reward for contributing EURe/xDAI/USDC/USDT liquidity pool on Gnosis.
• 0.1653314586 GNO from my GnosisPay Visa debit card cashback.
• 11.68 JTO from Kamino Finance as reward for my contributions to the JitoSOL/SOL liquity pool on Solana.
• 8980 IOT from my Helium access points.
• 8.02 LUNA as staking rewards.
• 0.2289 ATOM as staking reward.
• 2.2138 JUNO as staking rewards.
• 0.7869 OSMO from Osmosis as staking rewards.

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

This month, the annualized interest is 9.6% APR. The average on the last 12 month is now at 15.2% APR.

Regarding the interest composition, this month the sources are less diverse than usually: USDC(40.4%), AERO(14.2%), KIM(18.6%), OP(9.5%) are the top contributors. The remaining sources are around 17.3%.

Transactions realized

Beginning of the month,

• I claimed my AAVE rewards and staked them on Aave.
• I removed my BTC/cbBTC liquidity from Aerodrome Finance on Base and moved them on Ethereum on Merkl in the cbBTC/WBTC liquidity pool for around 20% APY at that time.
• I moved part of my ETH/wstETH liquidity from Scroll to Mode on Merkl in the rstETH/ETH liquidity pool for around 25% APY at that time.

Middle of the month,

• I claimed my GMX rewards as GMX tokens for the first time since they changed their replaced their ETH reward.
• I finished moving my ETH/wstETH liquidity from Scroll  to Base on Curve Finance in the cbETH/WETH liquidity pool for around 20% APY.

End of the month,

• I removed the liquidity from the EURe/USDC/WXDAI liquidity pool in Curve Finance on Gnosis, I loaded my GnosisPay Visa debit card with part of it and I moved the rest and some USDC and GHO rewards in the scrvUSD/sUSDe liquidity pool on Curve Finance on Ethereum.
• I claimed my KIM tokens from Merkl and staked them on Mode.
• I claimed my GMX rewards as GMX tokens for the first time since they changed their replaced their ETH reward.

Evolution of the portfolio value

• The portfolio finished the month with a gain of $111.7K which is +33.59%.
• The performances of the main components of the portfolio were very high: WBTC(+40%), ETH(+47.5%), GMX(+45.4%), SOL(+42.8%) and AAVE(+47.9%).

• The stable coins allocation is now 15.1%. It is a mix of GHO/DAI/USDC/USDT/USDe/crvUSD.
• 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 from $4.6K which includes my monthly spending with my GnosisPay visa card and some other spending.

The portfolio performance is +33.59% this month, the historical monthly average is now +5.29%.

Things to look forward in December

November was really good, I hope that December will be similar. If it is the case, I plan to rebalance some WBTC to stable coin to maintain the strategic allocation. I'll continue playing with my GnosisPay debit card to progressively reduce the amount of my invested crypto capital.