Portfolio Stats Update: +100% in 44 days, 3 operations

4 min readAug 4, 2020

We aimed to create a DeFi portfolio with tools available in Ethereum. Do little amount of work. Play position sizing game. Generate profits.

This portfolio started with $1000 in DAI
Current portfolio value is $2,173
More than $1,000 profit

Note: This portfolio started 44 days ago

It took 3 operations:

Create vaults in MakerDAO to print $400
Buy leveraged BTC
Buy leveraged ETH

Debank, Automatic Portfolio done, 0 work:

Just visit: https://debank.com/portfolio/
It creates your portfolio when using Metamask Ethereum Wallet.

Debank is a smart website, it can read from Maker Vaults, MCDEX and our ethereum wallet to create the portfolio. It still misses to read from dydx BTC perpetual contract were we have $285 (sure soon will be available as well):

The Net value of the Portfolio after initial $1,000:

In MakerDAO there are 2 vaults of ETHER and Bitcoin,

Net value is $876:

Note: Here’s how vaults were created

In dydx there’s a BTC leveraged position:

Net value is $285:

Note: Here’s how the BTC position was created

In Montecarlo DEX, there’s an $ETH leveraged position

Net value is $1010:

Note: Here’s how the ETHER position was created

Debank Also shows the Liquidation prices of our positions:

2 vaults in the portfolio are worth $900 (sum of assets minus debts)

Liquidation prices:

Vault liquidation price for Wrapped Bitcoin $5,816 (BTC price August 5, 2020 is $11,200)
Vault liquidation price for Ether $198 (ETH price in August 5, 2020 is $390)

Note: Liquidation prices show at which price our collateral position will sell automatically to cover our debt, hence losing money. We want that number far away

Next Steps:

we will Increase the Ether position in MontecarloDEX
We will print more dollars (the fed prints $3Trillions, we print $500 bucks!) in oasis

Montecarlo, increase position:

This is our position in Montecarlo,

11days ago 1,23 ETHER were deposited

Liquidation Price is $274 (Ether now $393)
Net Value: 2.68ETH ($1053, 112% profit!)

If the ETH market resumes the uptrend we will start increasing our positions again. We will buy more ETH in Montecarlo DEX.

Note: How to create a position in Montecarlo

Discord chat:https://discord.gg/uut3V3D
Telegram:https://t.me/Mcdex
Twitter: https://twitter.com/MonteCarloDEX

OASIS: Print Dollars

We will also go to Oasis Vault to print more Dollars:

Note: How to print dollars

DyDx, hold position, wait:

Position has +$94 in profits, small profits for bitcoin, we let them run:

https://trade.dydx.exchange/

Note: Right now there are some restrictions on Dydx, so the minimum purchase is 0.1 BTC . It will put the liquidation price at $10,000. It is too risky because we barely want to work! $1,000 movement will liquidate us quickly and we would lose our money. Not nice, we avoid.

Advanced Bonus: