Yield farming: how to farm different chains

Yield farming: how to farm different chains

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Publish Date:
31 August, 2022
Category:
Yield Farming
Video License
Standard License
Imported From:
Youtube

Getting into yield farming can be a challenge. That's why I've made this complete guide for beginners explaining:
- 00:00 Introduction
- 00:09 What is yield farming
- 00:28 Where to start farming?
- 00:54 Setup a Metamask wallet
- 03:38 Switch to a new chain/network
- 04:49 Get funds on chain
- 07:42 Find a place to farm
- 08:48 What is a liquidity pool
- 10:01 Impermanent loss
- 11:20 Why take the risk
- 12:22 How to enter a farm & provide liquidity
- 16:46 Difference APR vs APY
- 17:28 Farm token rewards

In this video tutorial I have used the following websites:
- Cronos: https://cronos.org/
- Metamask: https://metamask.io/
- VVS Finance: https://vvs.finance/farms
- Crypto.com (use code axf3kq2wrg for 25USD bonus): https://platinum.crypto.com/r/axf3kq2wrg
- Blockworks: https://blockworks.co/what-is-yield-farming-what-you-need-to-know/
- Trustwallet blog: https://trustwallet.com/blog/impermanent-loss-is-no-concern

#yieldfarming #cryptocurrency #defi

Let's get on that crypto train!

Bren

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Did you miss our previous article...
https://cryptovideos.club/yield-farming/what-is-yield-farming-short-tutorial-easy-explanation-for-beginners