If you have a new account but are having problems posting or verifying your account, please email us on [email protected] for help. Thanks :)
Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact [email protected]

Looking for a primer on Yield Farming

  • 18-06-2021 2:47pm
    Registered Users Posts: 3,751 ✭✭✭

    Anybody got any no bs guides to beginning to yield farming?



  • Registered Users Posts: 2,251 ✭✭✭massdebater

    Not sure what a primer is, but youtube is the easiest place to start off to familiarise yourself with the concept. Once you have the idea, you can start researching individual coins/tokens you're interested in farming.

    Be wary of places offering super high returns, they tend to fluctuate and will reduce as more people get involved in a particular pool/project. A popular one on Iron finance burnt a lot of people a few days ago, I lost a small amount in it, others lost a lot more so be wary.

    As with most things crypto, it can be a good idea to start off with a small amount and see how the whole process works first.