Video by C. Edward Kelso and Naomi Brockwell
Yield Farming: Building a DeFi Plane While Flying
Is 2020 the Year of DeFi?
DeFi opens up access to capital like never before. No barriers to entry. No real-world identity. You can take out loans and earn interest, without anyone ever asking your name.
“Yield farming” is its crack cocaine.
C. Edward Kelso and I take a deep dive into the $7 billion world of DeFi:
- $15k for a YFI token??
- What are meme tokens?
- The Rise and Fall of Yam (may it rest in peace, and then rise again as V2 and V3)
“Disclaimer: please use caution, there will be bugs. … If you don't understand it, please don't use it.” - Andre Cronje, creator of yEarn
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still have no idea "how" to actually yield farm; but I probably couldn't afford the gas if I did