Tuesday, May 11, 2021

DeFi Yield Farming Explained

What is DeFi yield farming? Vince Wicker from the BEES.Social crypto community lays it out in simple terms how decentralized finance works, the purpose of liquidity pools and liquidity providers, and finally how yield farmers earn money.

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Yield Farming Cryptocurrency On Decentralized Finance: Beginners Resource To Obtaining Interest On Your Crypto

DeFi Yield Farming Chapter Index
00:00:03 Introduction to DeFi Yield Farming Terminology
00:00:48 What is DeFi (Decentralized Finance)?
00:03:17 Smart Contracts on the Ethereum Network
00:04:00 What are Liquidity Pools
00:06:23 Who Are Liquidity Providers and Trading Fees
00:07:00 Automated Market Makers in the Smart Contracts
00:08:10 How DeFi Yield Farming Works
00:09:49 Balancer Liquidity Pools
00:10:15 Staking in BEES.Social Liquidity Pools - Yielding Tokens
00:11:20 Three Ways Yield Farmers Make Money

For more videos about DeFi Yield Farming and strategies watch this playlist:
https://www.youtube.com/playlist?list=PLT3ArNsa9k19UeQ5RLppkhkhHCKFOKZyV

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https://independent.academia.edu/defiyieldfarming

Check out the DeFi Yield Farming video series in 3 parts

Part 1 - What is DeFi?
https://www.academia.edu/47790730/What_is_DeFi_Decentralized_Finance_Yield_Farming_Part_1
https://vimeopro.com/beessocial/yield-farming/video/524025857

Part 2 - Liquidity Pools & Liquidity Providers
https://www.academia.edu/47791357/DeFi_Yield_Farming_Liquidity_Pools_and_Liquidity_Providers
https://vimeopro.com/beessocial/yield-farming/video/524518979

Part 3 - What is Yield Farming? How do Yield Farmers Make Money?
https://www.academia.edu/47791963/What_is_Yield_Farming_Crypto_and_How_Do_Yield_Farmers_Make_Money
https://vimeopro.com/beessocial/yield-farming/video/530441914

Remember that we may receive compensations when you click on some web links on our website. We try our ideal to maintain things fair and balanced, in order to help you make educated decision. For the next 4 years, Compound is supplying "liquidity mining" for liquidity providers.

And what you get in return is a token that you can make use of for various other capital development. In BEES.Social that capital development possibility is perpetual.

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