This has got to be one of the most difficult quarterly update to write, with all the drama that has been going on the crypto scene.
Interest from CEFI (Centralized platforms)
I have stopped lending and withdraw all my stable coins from all CEFI platforms in May after the Terra/UST meltdown. This include Celsius, Hodlnaut, BlockFi and Crypto.com’s EARN. If you have money in these, I would suggest withdrawing them while it is still possible. Celsius has already halt withdrawals.
That said, I still earned a total of USD$974 in Q2 2022.
Interest from DEFI
I don’t even know where to begin with this. I had most of my stables in UST farming in Anchor and Aperture. And we all know how that went. I managed to swap my UST to USDC in time before the de-peg started. I have lost count of how much I’ve earned from these protocols.
I’m just going to go with $0 for this quarter.
Ad Revenue
As always, I’m grateful to have set up this blog in 2020. It is now part of my alternative income streams.
My payout for this quarter is $347.11 Yes it is a significant drop from the previous quarters.
I generated a lot of page views for my crypto content previously. And because of what happened to the crypto market, my page views also dropped.
On top of that, I have gotten so used to the easy interest from stable coins, that I stop hustling on this blog. I used to push out contents twice or at least once a week. But now, I barely get content out. I’m going to start hustling again on this blog.
Definitely thinking of writing evergreen content, instead of chasing the hype content.
Summary
In summary, my total alternative income for Q2 is USD$1,321.11. This is definitely my lowest quarter since I’ve started. I’m not even sure if next quarter is going to be better. But I’ll continue to do what I can. Onwards and upwards!
