Yield Farming in DeFi is the newest & hottest way to MAXIMIZE crypto profits! How do you do it? How is Compound Finance & $COMP tokens involved!? Today, Chico Crypto breaks down the basics of this new technique..like identifying yield spreads across lending & borrowing protocols like Aave. Plus we provide resources, if you want to become a true CHAD yield farmer!
⏰ Time Stamps ⏰ 00:08 Intro-Chris D'Elia Snappin... 00:55 Maximize Your Crypto Gains w/ Yield Farming 01:20 Virgin Trader vs Chad Yield Farmer 01:45 You Have to Have DeFi Knowledge to Yield Farm 02:25 Compound Finance Comp Token $COMP 03:14 Liquidity Mining w/ Compound Finance to Earn $COMP 04:39 Chico's Basic Version of Yield Farming 05:18 Beginning with Aave & Borrowing wBTC (wrapped bitcoin) 07:25 Lending the wBTC on Compound Finance 08:11 How Much $COMP Can You Earn? 08:59 Earning Interest From Aave Too! 10:04 More Yield Farming Resources! 10:36 The Complexities of Yield Farming! 11:14 The Risks w/ This Technique 11:49 Outro
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