A Newbie’s Guide To Yield Farming Crypto Vince Wicker from the BEES.Social crypto community explains in simple terms what DeFi (decentralized finance) is, the purpose of liquidity pools and liquidity providers, automated market makers and smart contracts, and finally how yield farmers make money. To join our cryptocurrency learning community go to https://BEES.Social and sign up for daily cryptocurrency news and updates on the latest videos on BEESSocialTV
Yield farming is a new way users are generating income with cryptocurrency that has become a major phenomenon that started in 2020. From its sudden explosion in the summertime of 2020, yield farming has grown in popularity bringing huge amounts of money into the DeFi ecosystem. Smart contract protocols are a big part of the technology with crypto.
DeFi Yield Farming Crypto in 2021
For more videos about DeFi Yield Farming and yield farming strategies watch this playlist: https://www.youtube.com/playlist?list=PLT3ArNsa9k19UeQ5RLppkhkhHCKFOKZyV
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You can also watch this entire DeFi Yield Farming beginners guide video series in 3 parts
Part 1 – What is DeFi? – Decentralized Finance on the Blockchain https://www.academia.edu/47790730/What_is_DeFi_Decentralized_Finance_Yield_Farming_Part_1 https://vimeopro.com/beessocial/yield-farming/video/524025857
Part 2 – Liquidity Pools – Different Types of Liquidity Pools in Balancer, Uniswap, Compound https://www.academia.edu/47791357/DeFi_Yield_Farming_Liquidity_Pools_and_Liquidity_Providers https://vimeopro.com/beessocial/yield-farming/video/524518979
Part 3 – What is Yield Farming? How do Yield Farmers Make Money? https://www.academia.edu/47791963/What_is_Yield_Farming_Crypto_and_How_Do_Yield_Farmers_Make_Money https://vimeopro.com/beessocial/yield-farming/video/530441914