The ultimate guide to Yield Farming in DeFi

Yield Farming is the hottest thing in blockchain right now drawing in millions of dollars in collateral as traders and investors look to capitalise on high interest rates and advantageous secondary token rewards. What's really going on here and is it sustainable?

In the [updated] first of a new weekly series Harmony's Creative Director Robin Schmidt joins forces with Camila Russo, the voice of the Defiant to explore DeFi's most important stories and demystify this exciting emerging financial space.

0:00 Intro
0:59 Yield Farming - the back story
01:14 Call with Camila Russo
01:40 Ownership economy
02:40 Farming explained with Lego
04:27 Liquidity pools
06:07 Making money with yield farming
07:34 The risks
07:54 Outro

Camila Russo on Twitter: https://twitter.com/camirusso
The Defiant: https://www.thedefiant.substack.com
Purchase Infinite Machine at Amazon: https://www.amazon.com/Infinite-Machine-Crypto-hackers-Building-Internet-ebook/dp/B07X8HS2WC

Defi tools mentioned:

Balancer: https://balancer.finance/
Curve: https://www.curve.fi/
Compound: https://compound.finance/
Zerion: https://zerion.io/
Argent: http://argent.xyz/
Synthetix: https://www.synthetix.io/
Instadapp: https://instadapp.io/
Defirate: https://defirate.com/

This series is produced by Harmony Protocol.
https://www.youtube.com/harmonyprotocol/