Explaining how yield farming works in comparison to staking ADA on Cardano and providing liquidity. Yield farming can offer some big returns but also comes with a lot more risk than just staking your ADA. In this video I walk through the differences first and then go through an example of Yield farming on Sundaeswap through ADA / WMT.
Staking Smart Contracts - https://medium.com/@wingriderscom/staking-smart-contracts-340a9769aab0
⏲️ Timestamps ⏲️
0:00 Intro to Yield Farming on Cardano
1:10 Staking on Cardano
3:48 Providing Liquidity on Cardano
7:43 Yield Farming explained
10:12 Staking smart contracts on Cardano
10:26 Yield Farming on Sundaeswap walk through
15:24 Summary of Yield farming on Cardano
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🎯 Stake Pool Info 🎯
2 Pools under the ticker PAUL & PAUL1
Pool 1 ID: 86a19d5418cd07294af7d71386cf14a84e0478fbfde5b89fe4d98a58
Pool 2 ID: a89b86373838360143aba3911eaae54bf9420868965d48d447e4510a
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#YieldFarming #Sundaeswap #CardanoDefi
Disclaimer: Everything in this video is my own opinion and is not financial advise as I am not a financial advisor. I am just a random guy on the internet with a big passion for crypto
Did you miss our previous article...
https://cryptovideos.club/yield-farming/ema-scalping-strategy-tcp50-challenge-day-2