We talk all about staking, liquidity providing, the anchor protocol, and more ways to earn passive income on your cryptocurrency. ► Stock Portfolio + Tracker ➭ https://patreon.com/humphreytalks
Hi friends, this video is a full breakdown on the methods of getting "yield" in cryptocurrency these days.
There are many different methods, but they come down to staking, liquidity providing, and lending. All of them carry inherent risk, so its good to do full research before diving into any crypto passive income method for yield farming.
The secret word for today is "PORTAL" so if you comment PORTAL I will reply to your comment at all times.
This video is an overview of all the crypto passive income methods using DeFi or Decentralized Finance.
Timestamps: 0:00 - Start Here 0:43 - The Methods 0:51 - What is "Yield"? 1:52 - Staking 4:03 - Liquidity Pools 5:30 - Differences of LP's 6:12 - Benefits of Providing Liquidity 7:10 - A Huge Risk 8:00 - What's with the APYs? 9:01 - Example Yields 10:01 - Lending Stablecoins 10:30 - What is UST? 10:50 - How does Anchor Pay 20%? 11:28 - Risks & Thoughts
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PS: I am not a Financial Advisor, any investment commentary are my opinions only. Some of the links in this description are affiliate links that I do receive a commission for.
