Greetings SumCapers! Our cylinders have been non stop and in full throttle since the beginning of 2022 to keep up with all the macro uncertainty, arising in TradFi that is spilling over to crypto markets. The overall markets are suffering a hefty downturn due to hyperinflation concerns. After all, these previously felt concerns were not transitory. CPI, inflation, consumer credit, interest rates hikes, quantitative easing - all financial slang used by the suits to self inflate their own egos so that they don’t feel as clueless as the next earthling. Economics is the science of make up for lost ground - focus on the future, don’t get blindsided.
To counteract this bloodshed derived from erratic and nonsensical covid-related political behaviour, our team decided that, in order to achieve long term returns for our LPs, we should stick to our DeFi degen roots. This resulted in a logical and thorough crop rotation of our strategies, to further leverage our market expertise. Certain positions were deployed to amasse as much reward token as possible at this suppressed levels to front-run future narratives, ie, number go up. Instead of the usual farm&dump approach, a 25% yield at a diminished price tag, can easily become a realized 50% return when it’s time for a market breather. We’re officially value farmers!
Figure 1 - Portfolio decomposition by strategies deployed
Figure 1 - Portfolio decomposition by strategies deployed