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What is decentralized finance and yield farming? Vince Wicker from the BEES.Social crypto community lays it out in simple terms how decentralized finance works, the reason for liquidity pools and liquidity providers, and finally how yield farmers earn money. To join our cryptocurrency community go to https://BEES.Social and sign up daily news and updates. What Are The Costs Of Yield Farming Crypto? 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 strategies watch this playlist: https://

Yield farming is an ingenious new means to earn passive income making use of the Ethereum blockchain. The expression ended up being extensively popularized complying with the distribution of the Compound Finance governance token, which saw investors earn Annual Percentage Yields in excess of 100%. Our Website is a financial data and news site, discussion online forum, and web content aggregator, so can not substitute for expert guidance and also independent confirmation. Our Content is meant to be made use of and should be used for informational purposes only. It is critical to do your very own study before making any investment. Nothing had on our Website makes up a solicitation, referral, recommendation, or deal by defiprime or any kind of 3rd party provider to buy or market any safeties or various other financial tools. https://BEES.Social http://decentralized-finance.vc/ Your returns depend on how much you invest as well as what regulations the protocol is based upon. In the last