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Showing posts from May, 2021

Overview to BEES Social Yield Farming

What is decentralized finance and yield farming? Vince Wicker from the BEES.Social crypto community presents it in simple terms how decentralized finance works, the purpose of liquidity pools and liquidity providers, and finally how yield farmers earn crypto. To join our cryptocurrency community go to https://BEES.Social and sign up daily news and updates. Yield Farming Cryptocurrency In DeFi: Liquidity Pools and Liquidity Providers DeFi Yield Farming Chapter Index 00:00:03 Introduction to DeFi Yield Farming Terminology 00:00:48 What is DeFi (Decentralized Finance)? 00:03:17 Smart Contracts on the Ethereum Network 00:04:00 What are Liquidity Pools 00:06:23 Who Are Liquidity Providers and Trading Fees 00:07:00 Automated Market Makers in the Smart Contracts 00:08:10 How DeFi Yield Farming Works 00:09:49 Balancer Liquidity Pools 00:10:15 Staking in BEES.Social Liquidity Pools - Yielding Tokens 00:11:20 Three Ways Yield Farmers Make Money For more videos about DeFi Yield Farming and strat...

A Beginner's Overview To Yield Farming Crypto

Jersey based exchange deals fiat-to-cryptocurrency pairs, including the Euro as well as the British pound. As you 'd envision, as a result of the abundance of stablecoins in the yield farming scene, Curve pools are a key component of the infrastructure. Curve Finance is a decentralized exchange protocol particularly created for reliable stablecoin swaps. Unlike other comparable protocols like Uniswap, Curve allows users to make high-value stablecoin swaps with reasonably low slippage. https://BEES.Social http://liquidity-pools.org/ While specific protocols incentivize liquidity providers with fees, some include a new taste to the formula by including a free gift of protocol tokens too. One dapp offering liquidity pools that circumnavigates impermanent loss by facilitating trades in between assets pegged to the very same worth is Curve Finance. Each time a user makes a trade with a Uniswap liquidity pool the liquidity providers that contributed to that pool are compensated via earn...