Yield Farming - or how to generate passive crypto income - Crypto in Plain English – Episode 28 - by cryptohunt.it
Crypto in Plain English - by cryptohunt.it4 Nov 2021

Yield Farming - or how to generate passive crypto income - Crypto in Plain English – Episode 28 - by cryptohunt.it

Welcome to the cryptohunt jam where we spend one minute a day to explain crypto. In plain english.

Today we explain what Yield Farming is or how to generate passive income with crypto.

Yield farming is a popular term these days, and it simply means trying to maximize passive income from crypto.

But what ways to generate interest with crypto are there to begin with?

First, there is “staking”, which we talked about in a previous episode. In summary, you get a return for locking your token into a blockchain to validate transactions.

Then there are “liquidity pools”, where you provide tokens for others to enable swapping, and get a cut of the transaction fee. We explained that last time.

And then there is simple “lending”, where you lend someone else your crypto for an interest rate.

Yield farmers will try to use all these methods to squeeze out maximum profit. They constantly move tokens around to where returns are the highest, or even combine methods. For example, you could add tokens to a liquidity pool, get the pool’s token in exchange, and lend that to others.

Now that you understand yield farming, always remember: This may sound tempting, but do your own research. This is not investment advice.

And next time we’ll talk about what a DAO is.

Disclaimer: This podcast references our opinion and is for information purposes only. It is not intended to be investment advice. Do your own research and seek a duly licensed professional for investment advice.

Episoder(373)

The most expensive NFTs sold to this date - Crypto in Plain English – Episode 13 - by cryptohunt.it

The most expensive NFTs sold to this date - Crypto in Plain English – Episode 13 - by cryptohunt.it

Welcome to the cryptohunt jam where we spend one minute a day to explain crypto. In plain english. Today: Let’s look at some examples of NFTs that sold for millions and speculate why. One to make main...

14 Okt 20211min

Are NFTs actually useful for artists? - Crypto in Plain English – Episode 12 - by cryptohunt.it

Are NFTs actually useful for artists? - Crypto in Plain English – Episode 12 - by cryptohunt.it

Welcome to the cryptohunt jam where we spend one minute a day to explain crypto. In plain english. Today: Are NFTs just good for speculation, or are they a new way of helping artists? Last time we dis...

13 Okt 20211min

What makes NFTs so valuable? - Crypto in Plain English – Episode 11 - by cryptohunt.it

What makes NFTs so valuable? - Crypto in Plain English – Episode 11 - by cryptohunt.it

Welcome to the cryptohunt jam where we spend one minute a day to explain crypto. In plain english. Today: Why people are spending millions of real dollars on NFTs. Last episode, we discussed what NFTs...

12 Okt 20211min

What is a NFT? - Crypto in Plain English – Episode 10 - by cryptohunt.it

What is a NFT? - Crypto in Plain English – Episode 10 - by cryptohunt.it

Welcome to the cryptohunt jam where we spend one minute a day to explain crypto. In plain english. Today: An easy explanation of NFTs. To explain NFTs, let’s first remember how cryptocurrencies work: ...

11 Okt 20211min

What is a stable coin? - Crypto in Plain English – Episode 9 - by cryptohunt.it

What is a stable coin? - Crypto in Plain English – Episode 9 - by cryptohunt.it

Welcome to the cryptohunt jam where we spend one minute a day to explain crypto. In plain english. Today: How crypto becomes usable with stable coins The biggest problem with making cryptocurrencies l...

11 Okt 20211min

How to get free Lizard coins into your Metamask - Crypto in Plain English – Episode 8 - by cryptohunt.it

How to get free Lizard coins into your Metamask - Crypto in Plain English – Episode 8 - by cryptohunt.it

Welcome to the cryptohunt jam where we spend one minute a day to explain crypto. In plain english. Today: Put some Lizard Coin into your Metamask for free Now that you have Metamask installed, it’s ti...

7 Okt 20211min

Why you should know Metamask - Crypto in Plain English – Episode 7 - by cryptohunt.it

Why you should know Metamask - Crypto in Plain English – Episode 7 - by cryptohunt.it

CLICK HERE to learn more about crypto wallets through a FREE course by cryptohunt.it! 007 Why you should know Metamask Welcome to the cryptohunt jam where we spend one minute a day to explain crypto. ...

6 Okt 20211min

Why you cannot counterfeit Bitcoin - Crypto in Plain English – Episode 6 - by cryptohunt.it

Why you cannot counterfeit Bitcoin - Crypto in Plain English – Episode 6 - by cryptohunt.it

Counterfeit currency has been around for as long as we’ve had money. The Secret Service was famously created to investigate paper money forgery. But with blockchains like Bitcoin, that is no longer ne...

5 Okt 20211min

Populært innen Business og økonomi

lydartikler-fra-aftenposten
stopp-verden
dine-penger-pengeradet
rss-penger-polser-og-politikk
e24-podden
rss-borsmorgen-okonominyhetene
pengepodden-2
finansredaksjonen
livet-pa-veien-med-jan-erik-larssen
pengesnakk
utbytte
okonomiamatorene
tid-er-penger-en-podcast-med-peter-warren
morgenkaffen-med-finansavisen
liberal-halvtime
stormkast-med-valebrokk-stordalen
lederpodden
rss-politisk-preik
rss-markedspuls-2
lederskap-nhhs-podkast-om-ledelse