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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Crypto.com: https://crypto.com

Nexo: https://nexo.io

DeversiFi: https://deversifi.com

Episode hyperlinks: 

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

Hyperlinks from information recap:

https://unchainedpodcast.com/why-chamath-palihapitiya-believes-in-bitcoin/

 



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