This site was created to outline my personal methods of building a passive income from crypto currency. I'm constantly researching and trying new platforms, and will update this page monthly with my progress.
12 Month Projection:
CRYPTO CURRENCY MONTHLY INCOME
This table only shows profits gained from additional coins and tokens received for free. These values are recorded based on the asset values each month and therefore are not even remotely accurate. If the overall crypto market increases by 10x, the majority of all previous values will also be worth 10x the amount recorded here.
These values do not include any profits from my manual buy/sell orders, any of my actual long term cold storage holds, or any price appreciation from existing assets.
CRYPTO PASSIVE INCOME PORTFOLIO (UPDATED MONTHLY)
NOTE: This is not a reflection of my entire portfolio, just the free crypto from my assets currently providing a passive income. The majority of my crypto currency is stored offline in cold wallets.
Crypto.com VISA Stake (CeFi)
Crypto.com pays 10% interest on the CRO staked on the card. With an initial $5000 staked on the Jade Green card, this amount varies quite a bit based on the current value of the CRO coin. As the value of CRO increases, I will likely end up earning much more than 10% of my initial investment. In addition, this card provides free Netflix and Spotify accounts, so those savings have been added in to the monthly value. There are numerous other benefits to this card as well such as increased interest rates on other currencies held on the platform. Note: I have already taken out significantly more than my initial investment and restaked nothing but profits back to the card.
Crypto VISA Cash Back (CeFi)
The card I have chosen offers 3% cash back on every purchase I make in the form of CRO coins. This creates a fairly substantial amount of additional passive income per month in addition to the other benefts mentioned above. These CRO coins will be converted to other currencies at regular intervals, meaning the 3% reward could end up scaling drastically higher as the value of crypto increases. The amount I spend varies quite a bit per month, so I've taken a rough average for this value which I'll update over time.
Celsius Account (CeFi)
I have now left Celsius and moved all funds to DeFi platforms.
Nexo Account (CeFi)
I have now left Nexo and moved all funds to DeFi platforms.
Shakepay "Shaking Sats" (CeFi)
ShakePay gives free satoshis (unit of bitcoin) daily just for shaking your phone. I'm currently at the top of the tier streak so I'm receiving maximum rewards. Over time, these satoshis will be worth significantly more as the value of bitcoin increases.
Olympus Stake (Ethereum)
I have a small amount of OHM tokens staked in the Olympus DAO to see where it goes. It's currently earning a reward of 5100% APY. This is a very high risk investment.
Wonderland Stake (Avalanche)
This is a high risk investment. I have some TIME tokens staked on Wonderland on the Avalanche blockchain. It's currently earning an insane reward of 88,000% APY. This is a high risk investment, but has a huge potential for reward. Note: I have deleveraged this position and sold a portion off.
Cardano Stake (Cardano)
My Cardano (ADA) is currently staked from a personal wallet. I'm earning about 5% APR.
Solana Stake (Solana)
My Solana (SOL) is currently staked from a personal wallet. I'm earning about 7% APR.
Star Atlas (Solana)
I currently have two Star Atlas ship NFTs earning an approximate $500 per month after all expenses. These were purchased at different times towards the end of Dec, so only $100 worth of profit will be counted this month. Note: These have been sold off mid Jan to lock in solid profits on the NFTs themselves.
ATOM Stake (Cosmos)
My ATOM is currently being unstaked for higher yield opportunities. I'll have access to these funds end Jan.
Osmosis Yield Farming (Cosmos/Osmosis)
I have provided some liquidity to the ATOM/OSMO pool on the Osmosis platform, which is an inter-blockchain DEX for Cosmos based blockchains. It's currently earning an APR of about 110%.
Terra Stake (Terra)
My LUNA has now been unstaked and is being used for various lending/yield farm opportunities.
LUNA Interest (Terra)
My LUNA is being stored as Anchor bonded LUNA (bLUNA) and is earning 8% APR paid out in UST.
ETH Interest (Terra)
A portion of my ETH is currently stored as Anchor bonded ETH (bETH) and is earning interest on the Lido ETH 2.0 equivalent rate of roughly 5% APY.
Pylon Protocol (Terra)
I have some UST locked up in a 6 month vault on Pylon Protocol earning me free WHALE tokens on the Terra network.
White Whale (Terra)
I have some WHALE tokens staked in the governance pool. This is currently earning 16% APR.
I have locked liquidity in Astroport in both the bLUNA/LUNA and UST/ASTRO pairs. The current APR/APY and rewards are unknown at this point since the platform isn't completely finished.
Due to lack of stability in the returns, this liquidity has been removed and added to my bLUNA earnings.
UST Interest (Terra)
I have some UST (Terra USD) stored on Anchor Protocol. This earns me a passive 19.5% APY on my stable coins. The amount held here will change regularly based on market conditions, as this is my pool of stable coins that I use to buy and sell other crypto with. Note: These funds have been used to buy BTC during the market dip.
ADAX Stake (CeFi)
I have some pre-launch ADAX tokens awaiting the launch of the Adax DEX. In the meantime, these tokens are staked through ExMarkets as part of the initial distribution and earning roughly 1% per month paid out in ADA.
GET STARTED WITH FREE CRYPTO
Use these links to receive free crypto when joining some of the platforms that I either currently use or have in the past.
- ShakePay - Receive $30 CAD for free when depositing your first $100. This is one of the best on ramp platforms in Canada.
- KuCoin - Referral program is currently changing. This exchange does not require KYC. ( Coupon: Hy22su )
- Celsius - Receive $50 USD worth of BTC when depositing and holding $400 of crypto for 30 days. ( Referral Code: 193216661e )
- Nexo - Receive a free $10 USD worth of BTC when depositing your first $100.
- Crypto.com - Receive $25 USD worth of CRO when staking for a crypto back Visa. ( Coupon: zx3hazjdgh )
- Pionex - Start your own crypto trading bots. ( Coupon: dSW3ZJQs )