Governance Period #5: Performance Report
Learn how I made 14,573A last period and what optimizations can be made for Governance period #6 and 2023.
Welcome back to the Club, gov!
This Governance period incentivized DeFi more than ever, so I decided to set an ambitious goal to earn 10,000A this period.
Earning 10,000A in one quarter seemed daunting at first, but it was completely within reach with a DeFi focused portfolio allocation and a combination of beginner, enthusiast, and pro tactics that took advantage of the Foundation’s incentives.
In fact, through methodical planning, calculated execution, and a lot of patience, I earned 14,573A this period.
In the following Governance period #5 performance report, I’ll review how, what I learned, and what optimizations can be made for Governance period #6 and 2023.
Before we dive into performance, let’s take a step back and review my original projections.
While planning for Governance period #5, I evaluated several tactics before deciding to invest heavily in these tactics alongside DeFi Governance:
Buying the ALGO dip
Humble Liquidity Pools (LPs) & farms
The ALGO/gALGO LP on Pact
I created and then averaged low, medium, and high models based on my key tactics to produce an average return:
With an average return of 14,375A, I was confident I’d be able to achieve my goal of 10,000A.
And with a lot of planning, patience, and discipline, I exceeded my own expectations.
Let me show you what I mean.