[Ep. 10] Staking VS Yield Farming - DRIVEN tutorial

Welcome to the DRIVEN YouTube channel! In this video, Cody, our Creative Director, talks about the difference between staking and farming, as well as the mechanics behind these functions.

Stake and Farm your DVX and MLNX now on DRIVENswap
https://www.app.driven-swap.com/

00:00 - 00:18 Intro
00:19 - 00:40 DRIVENswap
00:41 - 01:05 Passive Income in Crypto
01:06 - 01:58 Yield Farming vs Staking
01:59 - 02:57 How does Staking work?
02:58 - 04:42 What is Yield Farming?
04:43 - 06:32 The Risks of Yield Farming
06:33 - 06:52 Outro

To keep your digital assets safe, we recommend using a hardware wallet!

Buy a Ledger cold wallet straight from Ledger using our affiliate link!
https://shop.ledger.com?r=43b88b5c303b

Buy a SafePal Hardware wallet straight from SafePal using our affiliate link!
https://shop.safepal.io/products/safepal-hardware-wallet-s1-bitcoin-wallet?ref=scottcrowley

How do Liquidity Pools work?
https://youtu.be/cizLhxSKrAc

What is Impermanent Loss?
https://youtu.be/8XJ1MSTEuU0

=== Important Links ===

Website: www.drivenecosystem.com

Gitbook: https://drivenprotocol.gitbook.io/dri...

=== Follow us on Social Media ===

Twitter
https://twitter.com/DRIVENecosystem

Telegram
https://t.me/DRIVENx

Discord
https://discord.gg/8Xh3MZDs

===

Follow Cody on Twitter
https://twitter.com/CodyCrayons