I usually don’t look much to my portfolio (mainly during a bear market) in order to not go nuts and keep my mental health, BUT… this week I’ve decided to take a closer look.
I have a little bit of everything. BTC and ETH followed by trends like DeFi, Infrastructure, Web3, Security and Metaverse.
Even though some protocols still far away from its ATHs, it really caught my attention how some of mine are really pumping on the last 30 days. I’ve done a little research about what could have happened, but I didn’t find anything solid.
Aave \~ 50%: Their safety module is always stressed by Gauntlet Network (they have pretty well known algorithms) to test the protocol’s ability to keep the platform solvent. The new V3 uses a more aggressive calibration for risk parameters (also optimized with the help of Gauntlet) and reserve factors.
Pancake \~45%: They’ve announced a partnership with Binance that will allow their users to easily access PancakeSwap. I believe this can really increase its TVL. I’m farming there for a long time. It’s a secure platform. Smart contracts are publicly visible and verified. They’ve been audited and approved several times (Certik, Slowmist and Peckshield). Busd bnb and cake bnb pairs have great liquidity and apys.
KalmyApp \~30%: They’ve done an AMA recently, but they were already making regular announcements on the development of upcoming products. I’m farming there for about 6 months. They’ve also been audited several times by Hacken and PeckShield (same as Pancake). Leverage yield farming is becoming very popular, mainly do to inflation rise. I don’t believe that is possible to beat inflation without this tool anymore. Even my safe play here (busd lending) usually returns over 20%+.
Curve: \~20%: Smart contracts are audited by Trail of Bits. TVL is growing fast since October. Their pool is always readjusting internal price and if you really understand about mathematics, you’ll see that v2 whitepaper is pretty interesting mainly regarding dynamic fees and reppeging.
What could be driving this pump? Inflation, news, fundamentals?