Yield farming or staking?

[el kaka22]

Both depend on what you are doing them with. If you are doing yield farming on a shitty token then you will lose money, but if you are staking a shitty token then you will lose money as well. It doesn't matter how you are trying to do these, the only thing that matters is if you are doing the right token or not.

So, let's assume you find a yield farming chance with bnb-eth pair or whatever, that's trustworthy right? People will dislike it because it will have a very low return, but at the very least you know that the price will go up in the end even though you will not make any profit at all from the farming part, which you still do. Hence, as long as you pick good tokens and coins, you should be fine with either.

[Xal0lex]

What will you choose? Yield farming or staking? If anyone want to share his experience?

It is essentially the same thing. The only difference is that Yield farming involves different movements of funds to maximize profits. All this requires certain skills and knowledge, in contrast to the same steaking, where you just give your funds and get a percentage of them. The good times for Yield farming were in 2020, when the DeFi hype was raging.

Personally, for now, it's much more efficient to be staking in proven pools, even the same DeFi protocols that have proven themselves since the DeFi hype of 2020. Yield farming is riskier and more costly in terms of interaction with smart contracts. Personally, I would recommend newbies to use staking and stay out of Yield farming until they have the necessary knowledge

[sugehprasetyo]

What will you choose? Yield farming or staking? If anyone want to share his experience?

When looking at farm produce vs. staking, staking is often a simpler strategy for passive income, as investors simply decide on the staking pool and then lock their crypto. Yield farming, on the other hand, can require a bit of work — as investors choose which tokens to lend and on which platforms, with the possibility to keep switching platforms or tokens. Providing liquidity as a yield farmer on a decentralized exchange (DEX) may require depositing a sufficient amount of a pair of coins. These can range from niche altcoins to high-volume stablecoins. Prizes are then paid out based on the amount of liquidity deposited. It often pays well to switch between continuous yield farms, although this also requires paying additional gas costs. As a result, yield farming can benefit more from staking from active management. This is how crop farmers achieve the highest possible yields.
yield farming is more complex than risking — but it can also yield higher returns if you have the time, tools, and knowledge to manage it.

[Digitalbitcoin]

We are entering a new era of economics and finance. Web 3.0 opens more doors for crypto users to get higher ROI with crypto investment. With Web 3.0 Defi is exploring even more and expanding very rapidly. Within Defi yield farming and staking both give calculated ROI on investment.

But as we all know every altcoin completely depends upon bitcoins price and its value in Bitcoin. So, making an investment in Defi is a very High-Risk investment.

But using various information about Altcoins, Crypto, Bitcoin, Defi, Ecomerce, Farming(Yield), Gaming(Virtual), Liquidity Mining, Minting, Open Source, and Staking, anyone can get unbelievable returns on crypto investment, but at the same time, there is a risk of getting losing equity or even risk of getting hacked due to a data breach, or any attack.  So always be safe, and secure with your crypto asset.

So always warned to make DYOR and never invest that much amount you cannot afford to lose.

[Slimzeee]

That depends on how much APY or staking interest but in this case i will prefer to take staking stable tokens instead of using yield farming for the shit tokens. The passive income that i will receive it gonna be stable and this will not be affected by the volatility that happened with bitcoin and whole of crypto. Im staking stable token right now and the more capital and the more reward. I receive almost 10k USD interest in a year. I never interested in yield farming with non sense APY

I really get your point but I think the beauty of staking coins that are not stable is their ability to rise and of course fall as well. Case of Pancake swap. Please do not mistake my words for greed but to me 1 USDT will always be 1 USDT. So why don’t I take chance and invest in a project i feel has potential while I’m still earning on them..

[livingfree]

~
Unlike in farming, you'll be required to have two cryptos.

There are liquidity pools that stable coin pairs though. I remember some platforms even have stable coin to stable coin pair (i.e. BUSD - USDT).

That's right, that's why it's requiring you to have two cryptos for which is needed for you to convert if you want to farm.

I've done that in some pools and farms and I can't say that I'm much satisfied but it's part of the process and letting them grow until the right time come to harvest.

Hopefully that it will be like what I've earned with just holding bitcoin and ethereum.

[Psynthax]

Yield was even better rather than staking. With dual stable token farming and you will have better income. You must a look at pancake swap. You can find stable token pair on this defi and then you will be seeing how good APY that already offered by cake. You will be paid by cake. We know cake was a good token with good fundamental and the price is quite stable. You can get it for free through farming but there will be only impermanent loss. Im still farming cake right now and got decent amounts of cake everyday.

[babygun]

It is essentially the same thing. The only difference is that Yield farming involves different movements of funds to maximize profits. All this requires certain skills and knowledge, in contrast to the same steaking, where you just give your funds and get a percentage of them. The good times for Yield farming were in 2020, when the DeFi hype was raging.

Personally, for now, it's much more efficient to be staking in proven pools, even the same DeFi protocols that have proven themselves since the DeFi hype of 2020. Yield farming is riskier and more costly in terms of interaction with smart contracts. Personally, I would recommend newbies to use staking and stay out of Yield farming until they have the necessary knowledge

I agree with you. If you want to set up yield farming, it takes various steps and even with the BSC network, the costs all add up quickly. I always tried to lowering the fees but than sometimes transactions got declined while you still need to pay for them. Tried the yield farming out in the past, it was a hype after all, but stopped doing it after a while. Staking is a lot easier and less worrisome.

[diminizio]

What will you choose? Yield farming or staking? If anyone want to share his experience?

Yield farming tends to get bigger results than usual staking but don't just focus on bigger results, of course the risks are also big.
Which one is better, I usually always adjust it to current market conditions, Yield farrming is very suitable to be used when the market is positive, because yield farming requires positive market support to be able to get instant results, of course this is very good. However, staking usually has a yield rate of less capital scale, although a little large capital that you invest will actually be very good, staking is usually used when the market is in a negative market condition, because it is quite good while waiting for the positive market to come back.

[libert19]

Staking, just because its non custodial and low risk. Yield farming platforms get hacked all time. Returns might be lucrative, but can be swept away even faster.

[Ararbermas]

None of the above, I've seen how ugly staking coins that are volatile can get in a bear market, if you want to stake or farm altcoins its better to do it in a very bullish cycle, a month or three months you will get your rewards and move on but if bear market catches up you will see the ugly side of staking.

there's a stable coin to stake if the situation of market isn't good or let say you are afraid of the volatility of some token that can cause losses afterwards. infact their APY is quite interesting as well and surely it's safe than yield farming, wherein no shitcoins and hacking issues.

[kojektea]

For the short term I choose yield farming, for the long term I prefer staking. You can use both conditionally. The positive market supports us to generate more profits immediately by taking advantage of the yield farming feature and the negative market makes us have to hold the coins we store longer, rather than having to hold them in the wallet, staking is the best solution to get long-term profits. even so, the decision to take risks is the most important thing, both have the same risk scale, you can choose whichever you think has a lower risk.

[SistaFista]

From my experience, yield farming is more risky than staking.
The liquidity providers are taking control of price in yield farming tokens, we should sell before they take the liquidity and drop the price.
I prefer to choose staking dan farming because of that. But if you have enough money to become liquidity provider, you can choose to buy yield farming token.

[Xal0lex]

It is essentially the same thing. The only difference is that Yield farming involves different movements of funds to maximize profits. All this requires certain skills and knowledge, in contrast to the same steaking, where you just give your funds and get a percentage of them. The good times for Yield farming were in 2020, when the DeFi hype was raging.

Personally, for now, it's much more efficient to be staking in proven pools, even the same DeFi protocols that have proven themselves since the DeFi hype of 2020. Yield farming is riskier and more costly in terms of interaction with smart contracts. Personally, I would recommend newbies to use staking and stay out of Yield farming until they have the necessary knowledge

I agree with you. If you want to set up yield farming, it takes various steps and even with the BSC network, the costs all add up quickly. I always tried to lowering the fees but than sometimes transactions got declined while you still need to pay for them. Tried the yield farming out in the past, it was a hype after all, but stopped doing it after a while. Staking is a lot easier and less worrisome.

Now that other blockchains and networks are well developed, the issue of interacting with smart contracts in yield farming is not as painful. In 2020, for example, when almost all yield farming was focused on the Ethereum blockchain, you had to interact with smart contracts very often. And those interactions were the most expensive of all the commissions and could reach several hundred dollars. And you had to pay for everything: for the transfer, for the swap, for adding LPs, for removing LPs, etc. Other than knowledge, you really had to have a lot of money to do profitable farming.

I haven't done any analysis now, and I can't claim for good returns in other blockchains, but I have a feeling that the best farming pools are still in Ethereum blockchain.

[danherbias07]

Yield farming is profitable for those who entered early and there are too many twists about it. I'd rather pick the old school and basic staking where you just use your coin and let it do the job for you. The more the better unlike with yield you enter early with high APY and you reap the rewards better than the last one who offered higher.
It's a higher risk, that is true but the same is for staking which you don't know what could happen at any time.

[Imran232]

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To be honest, I've always preferred to use staking over yield farming. in my opinion, staking is much easier and more profitable than farming. Because staking is almost fixed at apy, but yield farming does not depend on fixed apy because farming is always paid on the exchange number of the users and the power used by that pair. In order to stake, we just need one coin, but in farming we need two coin pairs. First we have to pay liquidity, then we have to start farming. In this case, staking is easier. That is why I loved to do staking with my holdings of money. It's just my opinion now, others can be different. Thank you.

[SaveOurSea]

What will you choose? Yield farming or staking? If anyone want to share his experience?

Staking has a high success rate, moreover most of them are tokens or coins that have good fundamentals,
and even Binance has also opened its staking feature, of course I recommend staking over yield farming

[rahmad2nd]

Crypto staking is quite profitable if you stake on a reputable pools, staking is an easy way to earn interest on your cryptocurrency holdings, I've been staking Cosmos and juno close to a year now and the amount of airdrop I've received are amazing, I know of a friend who staked $Axs when it was still cheap, he's in huge money right now because axs pumped immensely, in my opinion and experience I believe staking is best

Have been earn much profit for staking on AXS coin trough still lower price but have several investor stake with AXS after coin pump above $100 and right now drop drastically under $50. I don't worry with AXS because moat potential coins and have chance back on the top price, with consistent 75% APY reward staking on Binance as AXS coin I think is good altcoin collected for staking and keep consistent price right now.

[firmino10]

both yield farming or staking are important and one can use any. but it is about knowing what both entails and the one that suits you. yf or yield farming and staking both share similarities but yf is more recent. it is an investor storing their assets in a liquidity pool to earn passive income. the liquidity pool are like the centralize finance, where you deposit your assets then the bank use it to loan others. then the interest is shared between the bank and you. the yield farmers get their interest in form of apy. while staking is like is like putting up collaterals as proof of parts stake in the crypto world. one has to consider what is at stake before staking.

[mdzahed134]

What will you choose? Yield farming or staking? If anyone want to share his experience?

Staking and Farming both of my side but it will depend on your tokens, i mean most important thing is which tokens you will put for staking or farming. I have experienced with staking although i didn’t get enough profit due to dumping token price, so i would like suggest stable coin would be good choices for staking.