Yield farming for beginners

Investor Bren

Yield farming for beginners

Getting into yield farming can be a challenge. That’s why I’ve made this complete guide for beginners explaining: – 00:00 Introduction – 00:09 What is yield farming – 00:28 Where to start farming? – 00:54 Setup a Metamask wallet – 03:38 Switch to a new chain/network – 04:49 Get funds on chain – 07:42 Find a place to farm – 08:48 What is a liquidity pool – 10:01 Impermanent loss – 11:20 Why take the risk – 12:22 How to enter a farm & provide liquidity – 16:46 Difference APR vs APY – 17:28 Farm token rewards In this video tutorial I have used the following websites: – Cronos: / – Metamask: / – VVS Finance: s – Crypto.com (use code axf3kq2wrg for 25USD bonus): – Blockworks: / – Trustwallet blog: n #yieldfarming #cryptocurrency #defi Let’s get on that crypto train! Bren ************************************************** USEFUL LINKS (using these links supports the channel) ************************************************** New to crypto? Be sure to check out these exchanges and recieve a signup bonus with my affiliate links: Hardware wallet: – Ledger: /> Exchanges: – Kraken: 3 – Binance (code: 23179552): /> – Crypto.com (25USD bonus): – Huobi ( code: 5jp66 ): /> Crypto saving accounts: – Celsius Network (up to 20USD bonus): b – Blockfi (10USD bonus): /> Helium IoT devices: – Bobcat miner: /> – COTX shop: /> – Cal-Chip: temporary order stop – Nebra hotspots: temporary order stop – Planning tool: 5