Angel investor and author Tony Sheng explains what yield farming is, why it’s been such a craze, and whether or not or not the development is sustainable. We focus on:
how yield farming works
how individuals may probably earn 100% in annual proportion yields from it
why individuals can earn extra from lending or borrowing sure tokens vs. others
how individuals can earn from borrowing in any respect
how a lot leverage individuals are enjoying with
the 3 ways individuals can lose their cash whereas attempting to yield farm
and what the long-term significance is of yield farming for crypto
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Crypto.com: https://crypto.com
Nexo: https://nexo.io
DeversiFi: https://deversifi.com
Episode hyperlinks:
Tony Sheng: https://twitter.com/tonysheng
Tony’s publication: https://www.tonysheng.com
Beware illiquid markets: https://tonysheng.substack.com/p/beware-illiquid-markets-lessons-from
Yield farming is the brand new GPU mining: https://tonysheng.substack.com/p/yield-farming-is-the-new-gpu-mining
How you can earn 100% annual curiosity yield farming: https://twitter.com/tonysheng/standing/1274393189231689728
The way you may lose your funds yield farming: https://twitter.com/tonysheng/standing/1274780457729617920?s=20
Hyperlinks from information recap:
https://unchainedpodcast.com/why-chamath-palihapitiya-believes-in-bitcoin/
