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 folks might probably earn 100% in annual proportion yields from it
- why folks can earn extra from lending or borrowing sure tokens vs. others
- how folks can earn from borrowing in any respect
- how a lot leverage individuals are taking part in with
- the 3 ways folks 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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Tony Sheng: https://twitter.com/tonysheng
Tony’s e-newsletter: 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 one can earn 100% annual curiosity yield farming: https://twitter.com/tonysheng/status/1274393189231689728
The way you would possibly lose your funds yield farming: https://twitter.com/tonysheng/status/1274780457729617920?s=20
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