Review 2024
Plans 2025

BURN-XTN, WHIRLPOOL, BBB & WFS NFTs

BURN-XTN token price increased x2.75 times: from 1322 wavelets to 3645 wavelets.
After WIND pool, which competed greatly for trading fees, projected pivoted main pool holdings to mostly WAVES and some vested XTN.
Decreased earnings and sustained losses of impermanent loss: led to adapting the buyback & burn model to take care of own treasury holdings first, then BURN-XTN price, lastly burning XTN and SURF.
Automated most project actions with smart contract code invoked by bots.
New treasury model outperformed WAVES, but did endure 30 weeks of drawdown, due to Binance delisting + cascading delistings of other exchanges.

Stopped tracking all holding onchain by smart contract, this was too tedious to maintain and could lead to unnecessary errors.
Changed to monthly distributions and updates, instead of weekly.
WHIRLPOOL token price steadily climbing, rewards solid above WAVES staking rewards, 50% above it or more on average.
Token became non-reissuable.

After project launched, PUZZLE price and yield decreased significantly and consistently, until end of last year.
With it, lost a lot of value in dollars. In PUZZLE treasury slightly increased.
Automated most project actions with smart contract code invoked by bots.

No significant progress in growing project size/community, trying multiple type of promotions. Good thing is, project doesn't depend on this growth.

With my biz dev work for Waves, I am working on listing Waves blockchain and Swop DEX on Geckoterminal, which would result in price tracking of BURN-XTN token and all other tokens listed there.
Afterwards work on listing WX, Puzzleswap and Arkimals on Geckoterminal, which would be more exposure to BURN-XTN and also WHIRLPOOL.
Furthermore an overall improvement of Waves ecosystem.
2025 is expected to be a bull year for altcoins, the plan is to do market timing using market cycle of Bitcoin and altcoins in combination with technical analysis for entry/exit.

At Bitcoin cycle top: convert half of the non-BURN-XTN treasury to stablecoins with yield, for example to PL-USDT, so there will be a megapool BURN-XTN / PL-USDT.
After retracement of all cryptocurrencies: convert stablecoins back to WAVES and XTN.
At altcoin / WAVES cycle: top convert all of the non-BURN-XTN treasury to stablecoins with yield.

PUZZLE is actively developing several things: concentrated liquidity, memecoin index and Puzzle Eagles (=Arkimals collaboration). Expecting the price to follow.
Will follow the same timing as BURN-XTN, but rebalances between PUZZLE and ROME for the megapool and the staked tokens.
A new way for a bounty bonus for BBB & WFS.

Implemented a rebalancing strategy for high yielding DeFi holdings.
Will follow the same timing as BURN-XTN, but more flexible in positioning, since the project doesn't have to provide liquidity.
At altcoin / WAVES cycle: convert to a combination of lending stablecoins and shorting WAVES and/or ecosystem tokens.

Financial: increased networth by 42%, most gains came from crypto, a savings rate of 33% and paying off debts.
Work: increased earnings and a position as project lead of WavesBridge.
Health: worked a bit too much, worked every week of the year, slightly burned out. I sustained an injury, which took 5 months to recover from.
Happiness: improved personal finance makes live easier, but overworking led to some tensions in family life and health issues. Overall good.

My personal position makes it possible that I can continu running my projects without any need for funding.
Goals are to work less and relax more, in order to make better decisions, also not creating / taking on new projects.

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