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DEFI Overview - Too much in BSC and too low yields!

avatar of @revisesociology
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Zebedee
@revisesociology
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2 min read

I just reviewed my DEFI holdings and while I'm reasonably happy with my efforts to diversify away from Binance Smart Chain over the past couple of months, I think I maybe need to increase my exposure to some higher risk, higher yield coins....

As usual I am not going to be so indiscrete as to reveal the amounts I hold, just the percentages, and just some highlights of what's changed recently!

NB what's below doesn't include Splinterlands NFT/ staking or Hive-staked holdings.

I'm not really sure why I don't include them, they just feel separate in my brain-thing>?

I might have to change that for the next update.....

Overall holdings.....

My current holdings are as follows...

As you can see 75% in Binance Smart Chain, and most of that in Cub - although the BSC funds are where a lot of my Chaos Legion funds are coming from, so really I've got a rebalance already planned.

I've got a bit more unto Polygon recently, mainly thanks to Crypto Raiders, and I'm planning on keeping all of that in there.

Osmosis (COSMOS) has proved very successful, the value of what I've got staked has doubled, and all I've been doing is farming off, so that's great.

RUNE - I'm not even sure if those values are accurate, everything's still stuck - but I'm keeping the faith!

Safe in Cub....

As you can see I'm mainly in the 'safe' low yield stable, BTC and ETH Kingdoms, and then mainly BNB-bleo and Cub - I think the plan here is just to gently increase the BNB-bleo exposure - there's not a lot of point powering up LEO when you can earn 60% in that pool.

And Polygon

I couldn't get stoopid Gogole sheets to aggregate me a 100% staked bar chart, so it's back to a pie chart...

I still use the auto-compounding Polycat Finance options for a couple of basic vaults, but I'm gradually switching that to Adamant finance.

Got a tiny amount of Polydoge-Matic in a silly chain, and CR is CryptoRaiders, that's the Raiders themselves and all the various tokens I've been airdropped.

I'm quite a fan of crypto raiders...

Rebalance Plans

Well, I am VERY happy with the amount of basic stables, BTC, ETH I've got in DEFI - the next steps are as follows:

  • October - Use some of my BSC funds to buy into Chaos Legion
  • November - December - rebalance more into Higher risk yield farms, mainly on Polygon. I've got a third of my Cub in mind for PolyCub.
  • Late December - if the prices are right re-buy any stables/ ETH I used in October for Chaos.

NB when I say 'Higher Risk' I don't mean really high risk - I'm thinking about some of the matic-stables pools on Polygon, a lot of those offer in the region of a 50% yield, which beats the 15% Kingdoms I'm mainly in on Cub.

Or maybe I'll just go CRAZY on the Polydoge-Matic pool I'm in at a 200% yield?

Who knows, I might bang my head this Autumn?!?

Posted Using LeoFinance Beta