The Crypto Watcher 2024 Challenge - Grilling In The Backyard, Swimming On PoolTogether, And Climbing Mountains With YieldYak

5 months ago

As Uthred of Bebbanburg often said... Destiny is all! The Cryptoverse is the "Last Kingdom" and represents the freedom we all seek. We all want to fully embrace Web3 and a trully decentralized world... but bad actors are waiting for a smallest mistake! Scammers and exploits are always around, and our assets are always in danger!

I will take you in this journey, and will let you be The Watcher! See how I explore uncharted ecosystem with a single goal... to recover the crypto I've lost in January! I will show you that time, space and reality are more than a linear path! In this prism of endless possibility, a single choice can branch out into infinite realities. In some I will fail, while in others I will reach my targets. Follow me and dare to face the unknown, and ponder the question... What if?

I started grillin' on PolkaDot weeks ago but never added the rewards into any statistics... until now! Grill is the number one decentralized social network for Polkadot and Kusama, helping content creators to build and own Web3 networks, and reward authors for their activity.

The creators are able to earn rewards for producing content, and also others are rewarded for curating and interacting with their favorite pieces of content. This is possible through content staking, the tool that aims to grow the user and content base of Subsocial through incentives. Locking at least 2,000 SUB will allow you to like posts, support your favorite creators, and earn even more SUB!

Basically.... you can earn rewards by creating good posts, comments, and shares that other users like. It it worth it? Started at the end of February and in three months I earned, and staked, an amazing amount of $SUB. My stash reached 44,566, little past $100, and I started to earn better trough curating content.

A similar story with PoolTogether, where I never added the gains in stats because I kept adding them on Velodrome. The PoolTogether LP is relatively new, and started with triple digit APR. It went bigger, as I won more and more prizes on PoolTogether! It started as a single drop... and it become a tidal wave!

The Emissions APR stayed above 100% for weeks, and sometimes even better than that. The amount of $VELO farmed was beyond expectations, and the $VELO price pump made the rewards outstanding. Smells Like DeFi Summer... Feels like DeFi Summer...

I constantly won $POOL thanks to the No-Loss Draws and generated 1737 $POOL this year. The rewards system changed recently and $ETH is shared now as prizes. All the rewards were paired with wETH and staked on Velodrome for $VELO rewards, and the insane APR helped me to farm... a lot!

The value of the $POOL winning at the time of writing was $964, and the value of the $VELO emissions reached $185! DeFi efficiency and amazing yield farming!

PoolTogether V5 is fully decentralized, with no governance controls, no voting, no multi-sigs, no permissioned roles. The V5 deployment removes manual protocol governance and replaces it with automation powered by a series of incentivized auctions.

No hidden fees, no locked period and the possibility to withdraw your assets in full at any time! On top of that... the V5 prizes are distributed in the pooler's wallet! Want even more alpha? $OP rewards are shared on top of prizes... and I was able to claim 19.65 tokens at the start of the month. That's another $55 added into the monthly gains!

My Yield Yak journey continues, as I climb the mountain towards one full $YAK token. I've got 0.2 YAK to stake, another $104 added into those sweet auto-compounding YAK pools. Every little slice meant more passive income secured on the long run. My AVAX portfolio keeps growing and perpetually gaining more value!

Yield Yak is the most popular and most used optimizer on Avalanche, due to the great variety of opportunities that it offers. An optimizer is in charge of maximizing the annual percentage of rewards that users can get when farming or staking your cryptocurrencies on other platforms. Read more about it in May's YieldYak Gazette

Camelot launched a new native aggregator, built using YakSwap codebase. The decision showcases the benefits of YakSwap's 100% on-chain approach, with no external points of failure. Camelot now offers the best price on every trade, aggregating hundreds of pools on Camelot to find the most effective route.

The Avalanche Ambassador DAO announced new partnerships with leading Avalanche projects. This approach will help deliver a vision that will help the Avalanche Ecosystem to grow. Yield Yak is proud to be among those supporters, and the yak pack will be among those that will benefit from the partnership.

Let's talk about $DICK and the amazing things built by the DickBrAIn team! This is not the average memecoin... because $DICK grows and has utility! Not that utility ... you perv! We are talking about games, AI powered dApps and a ever-strong community!

DickbrAIn launched the game of the year, where you can slap Sam Bankman for the evil he done to the Cryptoverse. Earn points, raise above the competitions and win $DICK! Want more?

The top 20 players will share the bounties and prizes, but that's not all! You can earn $DICK for interacting on twitter, meme competitions and being active in the dickbrAIn discord! I am even hosting a Fantasy Football with HUGE prizes! What are you waiting degen?

Poker... you can also win $DICK by playing in the weekly tournaments. The top players are rewarded with cool Discord roles and tokens. Was a good journey so far, even if the token shrank a bit since launch! I am a magnate, heading towards half million tokens! Current valued at $304 but ready to grow!

Time for the monthly conclusion, and adding all together! As expected... PoolTogether got the top spot, with an astonishing $1204 farmed from $OP rewards, $VELO emissions and $POOL prizes. YieldYak and Grill contributed with $104 and $100.84, plus a rock hard meme coin contribution.

After adding the $304 of my $DICK big back, the results are strong... and hard! I hustled a lot in May but the effort is always satisfyingly high! A total of $1713 were added towards my ultimate goal! What if? What if I farm back what I've lost? Nearly half way through the year and I've reached 38% of my target! LFGrill bros!

CryptoWatcher January : $594

CryptoWatcher February: $2796

CryptoWatcher March: $436

Total crypto earnings in Q1 2024: $3826 (10.93%)

CryptoWatcher April: $7,685

CryptoWatcher May: $1,713