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Alternate cryptocurrencies => Service Discussion (Altcoins) => Topic started by: Runbz on November 21, 2020, 02:19:32 AM



Title: Yield Farming
Post by: Runbz on November 21, 2020, 02:19:32 AM
I want complete information about yield farming.
Can anyone tell me please..


Title: Re: Yield Farming
Post by: Luzin on November 21, 2020, 03:32:35 AM
What I know about Yield Farming or liquidity mining is locking up cryptocurrencies and making a profit. There are several things I know about Yield farming platforms and protocols,Compound Finance, MakerDAO,Synthetix, Aave, Uniswap, Curve Finance, Balancer, Yearn.finance.
You can read here What Is Yield Farming in Decentralized Finance (DeFi)? (https://academy.binance.com/en/articles/what-is-yield-farming-in-decentralized-finance-defi)


Title: Re: Yield Farming
Post by: boyptc on November 21, 2020, 05:27:57 AM
I want complete information about yield farming.
Can anyone tell me please..
Aside from the source given above.

--> https://www.coindesk.com/defi-yield-farming-comp-token-explained

--> https://cointelegraph.com/explained/defi-yield-farming-explained


Title: Re: Yield Farming
Post by: YOSHIE on November 21, 2020, 08:42:59 AM
I want complete information about yield farming.
Can anyone tell me please..
You can find complete information below.

Topic: [DeFi] Yield Farming Guides (https://bitcointalk.org/index.php?topic=5275390)

OP, for the future if you want to ask something, please explain a little about the purpose of your question, to make it easier for people to understand the meaning of your topic.
Many things can be categorized about agricultural results, hopefully what I have given to the OP is correct.


Title: Re: Yield Farming
Post by: Dollar_Hunter on November 21, 2020, 04:04:37 PM
in my opinion Yield farming is the same as Hard fork, as happened in BCH yesterday, if you hold BCH then you can get BCHA and BCHN,
but this is a little different, Yield Farming can be done anytime and get the same token or even different,
depending on the project itself, yeah almost like staking.


Title: Re: Yield Farming
Post by: beerlover on November 21, 2020, 07:48:35 PM
If you would like to read about it binance academy has a great article about it. https://academy.binance.com/en/articles/what-is-yield-farming-in-decentralized-finance-defi. This is the article from binance academy which I am sure would be the one you will find the best for explaining it. If you want to watch and learn about it (some people like watching over reading) you could check https://www.coindesk.com/video/what-is-yield-farming-defis-hot-trend-explained.

This is coindesk one of the most known crypto news websites explaining it in a video for people who want to learn like you. These two things should be enough but if you google it you could find a million other different sources to learn from as well both reading material and also videos at the same time as well.


Title: Re: Yield Farming
Post by: AmoreJaz on November 21, 2020, 07:52:32 PM
I want complete information about yield farming.
Can anyone tell me please..
You can find complete information below.

Topic: [DeFi] Yield Farming Guides (https://bitcointalk.org/index.php?topic=5275390)

OP, for the future if you want to ask something, please explain a little about the purpose of your question, to make it easier for people to understand the meaning of your topic.
Many things can be categorized about agricultural results, hopefully what I have given to the OP is correct.

that thread of Ratimov regarding yield farming is very comprehensive and i hope the OP will take a look into it and gain insights on how yield farming works in defi platforms.
 this will give him idea if a particular defi project is just selling bs or not. i know a lot of people are wondering about how yield farming works because of this defi hype and why a lot of scammers are trying to join this bandwagon.
 you can only harvest your profits from these yield farms if the platform itself is legit. but if it is a substandard, fly-by-night defi platform, dont expect that you will get your profits.

and there are a lot articles already published like for example this - https://www.bitcoinmarketjournal.com/what-is-yield-farming/
the OP should already get the idea how this yield farming is earning money. this can be compared to lending investments in  traditional financial institutions


Title: Re: Yield Farming
Post by: crabby on November 21, 2020, 08:57:08 PM
Here is a great article that shares a lot of information about Yield Farming: https://blog.shrimpy.io/blog/what-is-liquidity-mining-a-guide-to-yield-farming


Title: Re: Yield Farming
Post by: slaman29 on November 21, 2020, 09:15:28 PM
Do your own research? Anything anyone tells you here is really going to be what you could probably find better elsewhere.

I found this resource (https://medium.com/easify-network/yield-farming-in-defi-a-beginners-guide-696e231942a7#:~:text=This%20depends%20from%20project%20to,make%20the%20early%20investors%20rich.) to be quite good to explain all the different concepts in defi including yield farming. But there are also a lot of youtube videos with demos.


Title: Re: Yield Farming
Post by: Runbz on November 22, 2020, 02:06:23 AM
I want complete information about yield farming.
Can anyone tell me please..
You can find complete information below.

Topic: [DeFi] Yield Farming Guides (https://bitcointalk.org/index.php?topic=5275390)

OP, for the future if you want to ask something, please explain a little about the purpose of your question, to make it easier for people to understand the meaning of your topic.
Many things can be categorized about agricultural results, hopefully what I have given to the OP is correct.
Thank you very much, the link you said was very good, I learned all that I wanted to know about Yield farming once again Thanks