RSS Amplifier

Governors Club · Jan 6, 2023

Governance Period #5: Performance Report

0
Sign in to vote or save

Algorand Governors Club · Governors Club

Yo, gov!

The Club has moved to our own custom website: www.governorsclub.xyz

Even though we've moved, our content and dedication to being the definitive source to upgrade your Algorand DeFi and NFT game remain unchanged!

We'll keep this substack accessible for a short period of time, but we encourage you to update your bookmarks and links to our new domain as soon as possible to continue your Algorand journey.

Thank you for your continued support, and we look forward to seeing you at the new and improved Club!

Gov Tip: If you’re new to Algorand, make sure to check out our Algorand Beginners Guide to begin your Algorand journey!

This Governance period incentivized DeFi more than ever, so I decided to set an ambitious goal to earn 10,000A this period.

Earning 10,000A in one quarter seemed daunting at first, but it was completely within reach with a DeFi focused portfolio allocation and a combination of beginner, enthusiast, and pro tactics that took advantage of the Foundation’s incentives.

In fact, through methodical planning, calculated execution, and a lot of patience, I earned 14,573A this period.

In the following Governance period #5 performance report, I’ll review how, what I learned, and what optimizations can be made for Governance period #6 and 2023.

Before we dive into performance, let’s take a step back and review my original projections.

While planning for Governance period #5, I evaluated several tactics before deciding to invest heavily in these tactics alongside DeFi Governance: 

  • Buying the ALGO dip

  • Humble Liquidity Pools (LPs) & farms

  • The ALGO/gALGO LP on Pact

  • ASA trading

  • NFT flipping

  • Alandia

I created and then averaged low, medium, and high models based on my key tactics to produce an average return:

With an average return of 14,375A, I was confident I’d be able to achieve my goal of 10,000A.

And with a lot of planning, patience, and discipline, I exceeded my own expectations.

Let me show you what I mean.

Read the original on algogovclub.substack.com

Comments

Nothing yet. Say the first thing.

    Sign in to join the conversation.