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Portfolio Jan 2022 Report and Feb 2022 Strategy

Jan portfolio as follows:


GOMT updated their token listing on bitmart to Apr 2022 and Hitbtc seems to be postponed.Still developing the wallet integration and release by end 1Q.   Both the  Blockchain Event- Fort Lauderdale, FL USA) and the second in Apr of 2022 (Bitcoin 2022 — Miami FL USA) will not be going due to the postponement of the token release, instead, they will go to consensus 2022 in June, will have to observe for another 6 more months. my only gripe with them is not blockchain development running in parallel for the Hala/kosher certification.

TRU price has continue in a sideways mode, pretty much expected. They have approved truefiDAO, see  link for details.

QTF price has remain steady in the 10-20 range

LOC price has dropped to 2+, almost to my breakeven level.

HYDRA price has slightly improved back to 8+ level, and the team announced another project which personally, not too fond about the project and the intent.

BetU new league have started and been participating in the league, trying to punt with multi-parlays...

DFYN and ROUTER price been dropping still even after their mainnet has launched. Still staking though since its almost  1:1 parity and since the India govt has given the nod for Cryptos, we'll see

DFL, have liquidate the tiny amount and moved on.

HBOT is the governance token for Hummingbot, and gotten some of the tokens. Thank you for the tokens! While there is no value except from the uniswap pool. They will most likely release more utility because 36% is reserved for the community pool. For details, see link.


Looking at NYM and maybe run a node and test out the mixnode, and also GamingGuildDAOs such as AVG, MC and GF.


Still going hyper-compound Matic(if possible), withdraw from Balancer pool cause Crypto market was dropping which affected my health ratio in AAVE, need to preserve my bank acct.

Returns and Recurring Income

My HODL portfolio has returned 100X, with 3 coins in the loss (averaging 50% drawdown) and recurring income is mid four-figure range but this will soon dropped in April due to HYDRA airdrop finishing by then.

Feb Strategy

Stacked more TRU, BETU, MATIC, BETU, bhome when possible.

Continue with  INJ dex.

1H 2022 Crypto Shopping List

For the first half year, my shopping list is seek out the following and accumulate as much as possible.

  • Truefi and Phantomgalaxies
  • NFTs Infrastructure : Bacon protocol
  • Layer 1s : Atom and Ada

TrueFi and Phantomgalaxies

Been a supporter of Truefi since last year, check out my thoughts and plans forTrueFi in this post .

Been a first-person shooter fan since the days of CS beta back in 1999.. OMG, i am that old already....  phantomgalaxies combined FPS in a space environment with marcoss type of mechas, and a play-to-earn model!  So far they have over 100k member in discord and release their first pilot release episode 1 to the folks who registered for the game.

Its been phenomenal in terms of players, see their latest announcements in discord

One of the game stats so far:

Episode 1 Info:

• Over 100,000 players have downloaded and played Episode 1.

• Over 78,000 players have completed the episode and are ready to claim their completion badge NFT!

I am not able to play because of the Mac OS :( but they will release MAC OS version in February, yeah!

Their planet sale details is coming in January which i guess will talk about the economy of how this game will be run. I am looking forward to it.

NFTs Infrastructure

Bacon protocol is a coin backed by US mortgages, see their description:

The Bacon Protocol introduces a new way for Crypto wallet holders to hold a coin backed by the same types of mortgages that banks, insurance companies and governments use.

What i am interested is switching to bacon protocol during a prolong risk-off period and park my moolah there till risk-on manifest itself again. Seems market is going for a Crypto winter again, we'll see.

Layer 1s

Cosmos and Cardano, cause its time to moon, lol.

Portfolio Dec 2021 Report and Jan 2022 Strategy

Dec portfolio as follows:


GOMT will list their token on bitmart in Feb 2022 and Hitbtc in Jan. Token value has been dropping since there is no utility for the token. Expectations to change in end 1Q when the Crypto wallet is integrated as a payment option and they will attend two major events. One in Feb of 2022 (The Blockchain Event- Fort Lauderdale, FL USA) and the second in Apr of 2022 (Bitcoin 2022 — Miami FL USA). for details, see link.

TRU price has been sideways in Dec, have written an analysis article for 2022.

QTF price spiked up again to 20+ due to fiat on-ramp and unlocking utility for prop trading strategies.

LOC price has been stable for 3+. Due to Omicron, the value should remain stagnant till there are more favorable news. On the tech side, LOC have been developing and releasing features. For details, see link.

HYDRA price has been dropping but still getting good yield from staking though. For developments, see previous link.

BetU will launched the Fantasy V2 on Jan 4th. Been staking in Beefy in the mean time to accumulate more BETU before the new league starts.

DFYN and ROUTER price been dropping due to slow launch of their mainnet which is now targeted for end-Jan. Still staking though.

DFL, holding a very small position in DFL, played the game, didn't find it appealing to me though.

HBOT is the governance token for Hummingbot, and gotten some of the tokens. Thank you for the tokens! While there is no value except from the uniswap pool. They will most likely release more utility because 36% is reserved for the community pool. For details, see link.


Looking at bloktopia and FTM.


Still going hyper-compound Matic(if possible), invested in Balancer pool. Although Matic didn't fly in dec, it will in 2022.

Dec Strategy

Stacked more TRU, BETU, MATIC, BETU, bhome when possible.

Been playing around with INJ dex, and getting involved with their trade-and-earn campaign.

Will continue to trade FTX futures.

TrueFi, My Pick for 2022 and Beyond!

Disclaimer: The content of this article is provided by Coincise. The content below does NOT constitute investment, financial, legal, or tax advice, nor does any of the information contained on this article constitute a recommendation, solicitation, or offer to buy or sell any digital assets, securities, options, or other financial instruments or other assets, or to provide any investment advice or service.

Truefi has done over a billion in loan origination since inception in 2020 Nov, paid $8.6 million in interest to lenders and $991k to TRU governance. For more info, see .

Based on the latest blog post by the their CEO, . Truefi is aiming for 1 Trillion in loans origination!

Very big hairy audacious goal indeed. In 2022, Truefi intend to target such as venture debt, corporate debt, CDOs & CLOs, and many more; meaning, bridging the gap to the traditional finance market! In order to deliver that trillion dollar target, Truefi has upgraded their lending engine to V5 (latest by Jan 2022) and a number of initiatives in 2022.

One of the initiative is opening TrueFi to 3rd party asset managers who will construct entirely new lending pools, servicing brand new types of borrowers. To test this,

Truefi has first to launch an independent lending pool on the protocol. With the proposal of the TrustToken Asset Management lending pool, designed to offer B2B loans under different terms than the existing TrueFi pools, TrustToken will take on the risks and complexities of making 3rd party support work seamlessly to build the best possible platform for future asset managers wanting to launch new financial products through TrueFi. see link

If the 3rd party asset managers initiative is successful, this can open up traditional finance folks in the lending space to join uncollaterized lending space. However, to attract the tradfi players, there are three items to V5 engine upgrade:

  • Automating Loan Rating
  • Borrower TRU Staking
  • One-Click Borrowing

For details on the three items, see link.

Currently, the circulating supply is 548,956,194 with 3 more tranches of 33,562,500 to be released next year till August 2022 ; thus, adding a total of 100687500 tokens by August 2022. With over 200 million TRU stake at Truefi, the floating supply is closer to 348 million, cex at 167 million (See and at current price of 0.35 cents per token.

Based on the supply exchanges from Santiment (1 mth gap), the cexes has 150 million back in end nov, and this number has increased to 167 million ( manual calculation from etherscan). .

Based on the continuation supply in exchanges and tranches to be released, TRU price should be suppressed till 2Q 2022 whereby the 3rd party asset manager results should be clearer. Time to load up till then!

[Update 13Jan 2022] There will be a townhall on 14th Jan Hopefully i can attend cause it will be 2am my time...... zzzz , hopefullly more updates from me by then.

[Update 14Jan 2022] manage to get up and attend the townhall, the next level they are going for the protocol is to let traditional coys to originate loans through asset manager. this asset manager is basically a 3rd-party that will use trufi to borrow and manage money from the trufi community pool of funds. They have one coy in place - and will start to look for more. they will release this new feature once audit is completed.

Truefi is going to charge 50 bips (as suggested by the CEO) for loans origination which can stacked up a lot in scale if they hit more than 1 billon in this year end, better if 1 trillion which is quite a tall target. We shall see.

The demo on the product is prototype but basically show the process of 3rd party asset manager registration, more details to be released later. TruFi tokenamics will be reworked for these changes and hopefully on the L2 front.

[Update 04 Feb 2022] Truefi has officially announced through Cointelegraph on the DeFi lending market for asset managers, see link.  A sample of the announcement., a Mexico-based Y-Combinator startup, was announced as TrueFi’s first non-Crypto financial partner. Since December, the startup has used TrueFi to originate millions of dollars worth of loans and expects to lend up to $25 million to Latin American businesses by the end of 2022

[Update 28 April 2022] 

News on three fronts, potential of more than 200 million (or more) in TVL


[Update 26 September 2022]



TL:DR, keep stacking more TRU because in the market, goldfinch, maple and tru are in the under/no collaterized lending market, and TRUEFI is one of the largest in terms if loans origination, 1 billion USD  last year and no company has defaulted so far. Given the release schedule of the tokennomics till aug 16th, prices will continue to be suppressed IMHO and will be price 0.30 - 1.00 till 3Q. Time to load up!