GM friends,
The markets are moving and I’ve been really active this week with my portfolio in preparation for more green to come.
Who’s getting excited? I sure am!
Here’s what’s in today’s issue:
- My portfolio updates.
- Jesse has a deep dive on Neon, an EVM for Solana.
- Sam has the top 3 NFT drops.
For any crypto related questions please comment on the website.
Thanks to Phemex for sponsoring today’s newsletter.
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Buys and Sells
I added some more ETH to Maker’s Summer app in order to borrow stablecoins against the ETH. As usual, doing anything on the Ethereum main chain is gross as the fees are stupid.
I bought some more ARB. It has a lot of upcoming catalysts which could drive the value up. So it seems like an interesting play.
I increased the size of my LINK bid at $10, not by a huge amount though.
I added a buy order for AVAX at $10 as well.
I am ready for neither of these to fill.
I claimed and locked my PRISMA. Pretty small amount still.
I also claimed some PRISMA from my venture investment. Have not locked or sold it yet…
I claimed my airdrop from Prisma and locked it into convex finance.
I claimed and restaked my staking rewards for INJ.
I claimed my MC staking rewards.
I claimed and sold VPAD from my venture investment.
I claimed my JOE staking rewards and reinvested them into more JOE.
I also claimed my ILV staking rewards, just holding them for now. APY it too low and the risk of not being able to sell and lock in profits is too high IMO since it is a 12 month lock to get the best rates.
I also bought some spot ILV. Not a lot, just a little nibble.
Also, I am starting to see a lot of new bullish narratives building up around DOT, will hold the position for now that it has been unstaked from the parachains. Will stake it on Kraken when I get home.
Open BUY and SELL Orders
(NOTE: You should never blindly follow my moves. I share these for educational purposes, not as signals for you to trade on)
BUY
- Bitcoin $30,000
- Chainlink $10
- AVAX $10
SELL
- N/A
Current Farming/DeFi Positions
- Maker’s Summer App Loaned ETH to borrow USD DAI.
- Trader JOE: ETH/USDC on Arbitrum
- Syncswap: ETH/USDC on ZKsync
- Horizon: ETH/BUSD on Linea
- Baseswap BSWAP/ETH on BASE
- Quickswap QUICK/USDC on Polygon zkEVM
- Linea Bank ETH supply on Linea
- Lendle supplying USDC on Mantle
- Radiant Capital LP RDNT on Arbitrum
- Jedi Swap ETH/USDC LP on Starknet
- Dackie Swap ETH/USDC on BASE
- Mantis USDC on Polygon zkEVM
- Eralend ETH on zkSync
- Prisma Finance on ETH Mainnet staked cbETH
- Prisma Finance on ETH Mainnet mkUSD/FRAX pool
- Claystack on ETH Mainnet staking ETH
NOTE – Most of these positions are very small
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NEON – An Ethereum Virtual Machine For Solana
Solana was initially created to solve interoperability issues found in networks like NEM and…