CRYPTO CURRENCY PORTFOLIO ... As of May 8, 2021 this is what my crypto asset portfolio consists of.
ASSET ..... % OF PORTFOLIO
Bitcoin (BTC) ... 26.5% Ethereum (ETH) ... 21.3% Marathon Digital Holdings (MARA) ... 15.8% Litecoin (LTC) ... 8.8% Algorand (ALGO) ... 6.4% Cosmos (ATOM) ... 6.4% Cardano (ADA) ... 5.7% Aave (AAVE) ... 5.1% Ren (REN) ... 3.9% Compound (COMP) ... .06% Stellar Lumens (XLM) ... .06% Celo (CGLD) ... 0.6% Uma (UMA) ... 0.6% The Graph (GRT) ... .01% NuCypher (NU) ... .01% Ampleforth Governance Token (FORTH) ... .01%
Bitcoin(BTC) ... Each Bitcoin is basically a computer file which is stored in a 'digital wallet' app on a smartphone or computer. People can send Bitcoins (or part of one) to your digital wallet, and you can send Bitcoins to other people. Every single transaction is recorded in a public list called the blockchain.
Ethereum (ETH) ... You can use Ether as a digital currency in financial transactions, as an investment or as a store of value. Ethereum is the blockchain network on which Ether is held and exchanged. As mentioned above, however, this network offers a variety of other functions outside of ETH.
Marathon Digital Holdings (MARA) ... Marathon is a digital asset technology company that mines cryptocurrencies with a focus on the blockchain ecosystem and the generation of digital assets.
Litecoin (LTC) ... Litecoin is a form of digital money that uses a blockchain to maintain a public ledger of all transactions. It is used to transfer funds between individuals or businesses without the need for an intermediary such as a bank or payment processing service.
Cosmos (ATOM) ... Cosmos is a dual-layer network that enables token, data, and asset exchanges between blockchains. Each chain on the network operates independently. Cosmos Hubs validate on-chain transactions and earn ATOM through staking. ATOM is the native cryptocurrency token of the Cosmos Network.
Cardano (ADA) ... Cardano is a proof-of-stake blockchain platform: the first to be founded on peer-reviewed research and developed through evidence-based methods. Any user, located anywhere in the world, can use ada as a secure exchange of value – without requiring a third party to mediate the exchange. Every transaction is permanently, securely, and transparently recorded on the Cardano blockchain.
Aave (AAVE) ... Aave is a decentralized non-custodial money market protocol. Depositors provide liquidity to the market to earn a passive income, while borrowers are able to borrow in an overcollateralized (perpetually) or under collateralized fashion.
Ren (REN) ... Ren is an Ethereum token that powers Ren's open protocol for transferring cryptocurrencies between blockchains. Ren aims to bring popular assets like Bitcoin and Zcash to blockchains including Ethereum, making it possible for these assets to participate in a multi-chain decentralized finance ecosystem.
Compound (COMP) ... Compound is a company that allows people to earn money on the crypto they save. The project is part of Ethereum and more broadly, DeFi. Users can also borrow crypto from Compound by putting up collateral above a threshold defined by the project.
Stella Lumens (XLM) ... Stellar Lumens, is an open source, decentralized protocol for digital currency to fiat money transfers which allows cross-border transactions between any pair of currencies.
Celo (CGLD) ... Celo is a cryptocurrency that acts as a utility and governance token for the Celo (CGLD) platform. Celo (CGLD) is designed to make it easy for anyone with a smartphone to send, receive, and store stablecoins running on Celo (CGLD) (for example, the Celo Dollar) without needing a crypto wallet.
Uma (UMA) ... UMA, short for universal market access, is a protocol built on Ethereum which allows users to create custom collateralized synthetic cryptocurrency tokens that can track the price of virtually anything.
The Graph (GRT) ... The Graph is an indexing protocol for querying networks like Ethereum and IPFS. Anyone can build and publish open APIs, called subgraphs, making data easily accessible.
NuCypher (NU) ... NuCypher is a data encryption and protection layer for Ethereum (and eventually other networks) and decentralized applications (dApps) that does not rely on a central service provider. ... Developers receive this encryption service via a network of NuCypher nodes in exchange for a fee (paid for in ETH).
Ampleforth Governance Token (FORTH) ... FORTH is the governance token for Ampleforth, an Ethereum protocol that automatically adjusts its native token supply. Learn how it works and earn free FORTH. Note: new customers must wait 24 hours and fulfill all eligibility criteria to earn FORTH. Supplies are limited. |