How I am farming rewards for my daily expenses during this crypto winter

I mentioned in my portfolio post that I still hold a small amount of ALT coins.

I currently still hold some $veCRV, $JUNO, $ATOM and my STEPN NFTs.

CURVE

$veCRV are just locked $CRV. If I had a another chance, I would not have locked it up. But it is what it is.

With $veCRV, you can earn fees in the form of 3Pool LP tokens.

You can then remove the liquidity from this LP token and swap it back to either USDC, USDT or DAI.

In the example above, I have just claimed 282.14 USDC.

With $veCRV, you can also earn some bribes by voting in the CURVE Gauges. There are pools that are vying for $CRV rewards, to the extend that they are willing to buy your votes and pay you some money if you vote for their pool.

I’m doing this via https://votium.app/curve. Every week, there will be new bribes deposited into it. You can go ahead and vote for your choice. For me I’m voting for ‘cvxeth’ pool, simply because it is the one that provides the most bribe.

Although it says my reward is $29.06, I’ve actually receive bribes that are higher than this amount. And because of crypto winter, the transaction fees on Ethereum are very affordable right now.

You can vote every 10 days, which means you get to collect bribes 3 times a month.

JUNO

I’ve got a small amount of $JUNO which I bought at around $4-ish. I’ve got them all staked, just to earn some staking rewards and see if I can get some airdrops.

You can earn up to 61% for staking JUNO at time of writing. This will be reduced soon and can be diluted when more $JUNO are staked.

I have earned around 42 $JUNO since staking in July.

With $JUNO, I would claim the rewards once a week, swap them to axl-USDC. I would accumulate a good amount, before converting them to $ATOM. This is because it’s not easy to bridge axl-USDC back to erc20 token. So it is just easier to convert them to $ATOM, and transfer it to an exchange that supports cosmos network e.g. FTX and sell it for USDC.

STEPN

I have been using STEPN since mar 2022. I have made insane amount from this, back when $GST was at $5-$7. Since then, $GST has fallen to around $0.035 at time of writing. I still use the app for a 20 mins walk. This earns me 30-40 $GST each day. It’s probably worth slightly less than a couple of dollars. But it’s still money.

I will usually accumulate until I have over 100 $GST before swapping them for USDC.

Using rewards for daily expenses

I would then transfer all these rewards to my FTX account.

Sell them off for USDC, and transfer them to my Crypto.com app.

And then top up my card by exchanging 498.92 USDC to 700 SGD.

And that is how I farm rewards for my daily expenses.