Yield farming, also referred to as liquidity mining, is a way to generate rewards with cryptocurrency holdings. In simple terms, it means locking up cryptocurrencies and getting rewards. However, there’s a lot of complexity going on in the background.
This video will enlighten you on the topic yield farming. What is yield farming? How to yield farm? Risk associated with yield farming and How yield farming actually works.
00:00 Welcome FinFarmers
00:06 What is Yield Farming?
00:35 Staking v/s Yield Farming
01:40 How Yield Farming works?
03:40 A Yield Farming Strategy (Case Study)
05:30 What caused sudden interest in Yield Farming?
06:05 How your returns are calculated?
06:40 Risk associated with Yield Farming
07:35 Closing Thoughts
Happy Yield Farming, FinFarmers 🔥