Today, we take inspiration from the personal finance space, and talk about how you can (possibly) become a millionaire through yield farming on chains like Harmony, Fantom, Cronos, Avalanche, Binance Smart Chain and others, and compounding your income. I also answer some questions on how to choose your target APR, and go through a spreadsheet tool that you can use to figure it out on your own.
As always, Investing in cryptocurrencies carries risk. The value of your investment can go down as well as up. Videos are for education and entertainment purposes only, and none of it constitutes financial, investment or tax advice - always do your own research and consider your own financial needs and local regulations before investing!
Chapters: 0:00 Intro & Shilling 1:05 Inspiration for this Video 1:59 Answering your FAQs 2:51 Strategies 4:00 Assumptions 5:45 Calculation Tool 6:46 Starting with 5K 7:40 Starting with 10K 8:05 Starting with 20K 8:15 Moral of the Story and Conclusion
