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Some time ago Was kinda wondering how does people earn from farming! How lucrative, safe and benefiting farming could be Buh at same time I saw many DeFi platform being exploited and many even rug pulled and always many newbies complaining of not knowing how to find thier way through farming, due to it's complexity ! This was a  red flag which made me stayed away not until I found $Near and it's farming & staking platforms. Near protocol which is a seamless blockchain makes things very much easier for people, so it's DeFi app or platform takes advantages of it's blockchain advantages. My best among all is Ref finance! It keeps giving out so much juicy reward and has also built a strong trust with users. I don't really know if there are better opportunities outside of this, $Ref once gave 4x rewards and is currently giving out doubly farming rewards.
Shill me yours if you got something better for me

You are probably giving too much credit to Near. Maybe give it more time before a a scammer builds an AMM and Yield Farming platform there.

Newbies are alsl complaining since they are still newbies. They do not know much and no newbie can navigate that easily even if it's on Near.

There are many established platforms on more popular chains. You just need to stay updated to their new pools for the highest APRs. Ref is giving out these high percentages as part of their marketing. They all go down sooner or later.

You think so? I think you are shilling it as if there is no better farming than that? I am also doing farming and 4x isnt that a juicy as 10x I think. Im using fantom as their main currency and the harvest and restake and refarm fees are very low so I guess the near protocol isnt have much difference. Its only a matter of APR on which farm you could do much %

True that. I was part of the first farming pools that were launched on Ref Finance and since then the APYs have reduced. It's still high if you compare to other DeFi farms and pools though. But one major difference that Ref Finance has over other AMM on other chains is that the fees and tx finality has been unmatched thus far and that's the kind of experience we want to have in the DeFi space. I've not farmed on other chains like SushiSwap on ETH since I started doing so on Ref.

If there's going to be a tsunami of mediocre, scammy projects launching soon, it's most likely not going to be on NEAR Mainnet but on its L2 network called Aurora since devs can just deploy from ethereum without a code change (Aurora has its own EVM).

It could be. They will more likely come if it's easier and cheaper to build but that's another matter.  The main point in my first comment is no chain would be exempted if scammers decides to use the platform to steal money unless it's extremely centralized.

PancakeSwap is the best option for me now. And now when binance fits into the struggle of blockchains for the title of the best after the air i consider this platform to be the most reliable and secure for storing funds. For me this is the best platform because it's quite reliable plus here i can find a good percentage for earning.

So far I am earning the best farming rewards on TAROT on Fantom and Ref Finance on NEAR protocol. I'm earning about 50 usd on each platform per day, that's 3k usd per month just from farming on those two platforms. Of course you need to know when to sell your rewards to maximize profits. I sell REF only if it goes above 5 usd and Tarot above 2.50 usd. Good luck out there!

Man, those newbies have been warned but they keep ignoring awareness that has already been made. So many of those newbies were so greedy with non sense APY that offered by the new yield farming platform. This is the reason why sometimes they were losing caused by they got exploited. There are lots of people have always remind them all to use only trusted yield farming platform.

I never use those sites but i have ever heard about ref finance. I don't care so much about how much APY that already offered but i care about how legit the platform. Remember so many bad cases about defi happened caused by the developers didn't aware if there was a bug on their code. This needs to be audited regularly by various auditors. I just use tranchess, pancake, and ape right now. APY was not so big like what you have mentioned above but i do believe this will be offering long-term passive income as it's backed by so many major companies like binance.

Pancakeswap is no doubt a reliable platform, but you can't say its the only reliable Farming platform in the crypto space, everyday new AMM platforms come out, we just have to make sure whatever platform we decide to farm on there's premium security to avoid loss of funds, ref Finance according to the little research I did, the DEX is backed by Near Protocol themselves, since ref Finance is actually the first DEX to build on Near blockchain, so both pancakeswap and ref Finance are backed by big platforms.

Hello mate!! I myself have been following up with the NEAR Protocol and with the little I have experienced I don't think the person that made this post over hyped NEAR  I will say he said all he knows and is not up to half of the good percentage NEAR ecosystem offers. For the newbies, it's a free world just because you see a project given much attention and credit doesn't mean is the best for you, before you  jump In to something you need to DYOR so you don't end up regretting your act.
For ref.finance I think the pools are just there with some juicy rewards and they ain't forcing anyone to farm with them just DYOR and if it's worth it you go in. For now all I can say is they haven't been any scam project launched on NEAR Protocol.

Best platform to do this with almost no risk?  Such as doing it with stablecoin?

I previously used pancakebunny (https://pancakebunny.finance/pool/CAKE-Maximizer) for farming CAKE and it's really great platform for auto-compounding your CAKE with great APY. Although it was faced flash-loan attack previously and native token, BUNNY, lost its value after that. But it's still good for me doing yield farming. BTW, terra blockchain is having more hype day by day. In that case, pylon (https://gateway.pylon.money/) is best platform to do yield farming. But DYOR before starting yield farming on any platforms.

my favorite platform at the moment for yeld farming is pancakeswap offers really many opportunities for income, liquidity, farming, yeld and then his token cake is doing great, and offers two possibilities of stake auto and manual of cake, then all the percentages of the apy of their proposals are above average, there would also be other defi interesting platforms on the eth blockchain but due to the too high fees they are unusable

What he said is a low key attack to other platforms as if those thing never happened or will never happen just because it's Near protocol.

Your point is irrelevant to what we were discussing.

Also irrelevant to the point that we're talking about.

"For now"

One yield farming platform that I use on my own is called Pancakeswap, it has a really good reputation and there are many users. Actually, it doesn't give me very big APYs, but anyway, my money in safety and those interests are bigger than in bank for example.
Another one is quickswap, I used to deposit in Matic-USDC, but this pool is closed now, so I do yield farming in ETH-quick, it is quite a good pair.

My favorite platform to farm on is REF. It allows for great returns and there are opportunities to stake for multiple coins. Instead of just earning one coin you can earn multiple at the same time with ref. I personally have all of my NEAR staked on the ref network

4x LP rewards this was a real breakthrough for the entire Near Protocol ecosystem. At that time, the trading volume and registered new wallets showed a new ATH. I think Ref Finance will soon delight users with such generous APR indicators in the future, which will lead to an excellent indicator of the growth of the entire ecosystem. also, do not forget about the integration of Aurora, which is already entering the market, which will lead to hundreds of new economic and technological projects in the Near ecosystem

Pancakeswap is probably the best growing platform, at least in my opinion. I pay a lot of attention to MDEX, I like working with this platform as well. Now of the latter, I liked the Biswap platform. Very promising and fast-growing.

In appearance it is similar to a stablecoin, but basically it is not a stablecoin so it still has the potential to experience unwanted risks, because the strength of stablecoins is at the stage of maintaining their value and can always be suitable for use.

For me there are only two platform in which I am pretty sure it is good to use to farm you coins.
These two are Biswap and Pancakeswap, this was proven and tested to me already, every month I gained here
and it is enough to sustain and help me as my financial source of income to some of my expenses in my daily life so far.

He's talking about the staking of stable coins.

I think there's handful of exchanges and wallet that do this. You have to make your own research finding them for those stable coins that you like.

It's very easy to look for, type in the keyword stake and the stable coin that you want to stake and the result will show.

MakerDAO will help OP with that, decentralized credit platform that supports generation of DAI, algorithmically fixed stablecoin with a value in USD. Anyone can open the Maker Vault where collateral assets are locked, such as ETH, BAT, USDC or WBTC.
Undoubtedly, trustless liquidity protocols and other DeFi products are undoubtedly at the cutting edge of finance, crypto economics, and computer science.

Yeah, maybe it's the closest that he's ever need.

And if it's good and that's the actual thing OP is looking about then he has to take a look at it as you've suggested it. I know about DAI and it's the decentralized stable coin that I know of and always suggesting when somebody asks about.

Uniswap and Pancakeswap. People are still trying to find others and imagine that it will be something that would be normal for them, but the reality is that these two are still by far the best ones and they will keep being the best ones for a long time. This doesn't mean that the ones that you guys listed are bad, they are very good places as well, but we are talking about "best" one and if we are talking about best one then Uniswap is clearly the best one, all the others are a lot lesser in the level.

This means that they are still good, all the other ones that you like could be great, they could be very loved and good and we should use them and there is nothing wrong with loving them, but "best" is uniswap for sure, and second is pancakeswap.

Ethereum gas fees are too low, uniswap v3 is too hard for normal people to figure out how to add LP and uniswap has no embeded farming. Pancakeswap is good but so is Ref Finance and Ubeswap if you want higher apy.

I do not love defi I still think it is a lot of nonsense but I have to agree that you cannot get any better DEX than Uniswap for Ethereum and Pancakeswap for BSC.

I have to recommend using aggregator like Plasma.Finance and/or 1inch though,,, these guys are connected to Polygon and BSC also so you actually can use Pancakeswap and Uniswap on them, for cheaper without needing to connect to both separately.

Farming is an interesting type of investment, but the returns change with the decline of one (or two) assets. You get an LP token that consists of the two of them.

My experience with farming has proven that. Maybe I'm wrong.

https://app.ref.finance/farms - I see a DAI-wNEAR pair right now - with an APY 208%

     I won't go as far as shill the palatform and the coin I get in participating in its yiield farm. I'll just tell you an honest review about it. By the way, I do yield farming on the sovryn platform. Where they have a wide variety of options that you can choose from (what crypto pair you would like to use to farm their own coin: sovryn). I could say a lot more but I won't kill the excitement for you. Just head over to their website and read about them. Also, they are using RSK mainnet which is a bit of a hassle because of havung the need to convert and all, but for me, quite worth it.