Today, we’re going to be doing a direct comparison between two subjects we’ve definitely covered on our Channel before. Specifically, the two passive income opportunities of staking and yield farming.
We’ll cover some basic recaps of what you need to know about both of these methods, but if you want to do some deeper explorations on each one individually, check out some of our previous videos, which we’ve linked down in the description.
We also want to be clear about our terminology.
We’re going to be comparing the pros and cons of Staking assets in order to help secure a network, to the pros and cons of using your assets as capital for more complex yield farming practices.
Of course, we’ll also explain some of the top options available for going either of these routes, should you want to begin getting involved.
Chapters: 00:00 Intro 00:47 Staking 01:57 Pros and Cons of Staking 03:16 Where to Stake 04:25 Yield Farming 05:25 Pros and Cons of YF 06:46 Where to Farm 08:28 Final Conclusion
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Disclaimer: Although BeInCrypto aims to inform and educate readers from all over the world, it is important to remember that investing in cryptocurrency is risky. Neither this video nor its authors should be held responsible for any investment decisions, and nothing published here should be considered financial advice. We always urge our readers/viewers to do their own research and never invest more than they can afford to lose.
