BEESSocial Yield Farming Tutorial

What is DeFi 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 get rewards.

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What Is Yield Farming Cryptocurrency? Beginners Guidebook

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://www.youtube.com/playlist?list=PLT3ArNsa9k19UeQ5RLppkhkhHCKFOKZyV

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Follow the BEES.Social Crypto Community Online:

https://www.youtube.com/c/BeesSocialTV/
https://twitter.com/Crypto_Swarm
https://www.linkedin.com/company/cryptoswarm/
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https://podcasts.apple.com/us/podcast/the-swarm-unplugged/id1563240346
https://medium.com/opes-dot-finance
https://independent.academia.edu/defiyieldfarming

Check out this entire DeFi Yield Farming video series in 3 parts

Part 1 - What is DeFi?
https://www.academia.edu/47790730/What_is_DeFi_Decentralized_Finance_Yield_Farming_Part_1
https://vimeopro.com/beessocial/yield-farming/video/524025857

Part 2 - Liquidity Pools & Liquidity Providers
https://www.academia.edu/47791357/DeFi_Yield_Farming_Liquidity_Pools_and_Liquidity_Providers
https://vimeopro.com/beessocial/yield-farming/video/524518979

Part 3 - What is Yield Farming? How do Yield Farmers Make Money?
https://www.academia.edu/47791963/What_is_Yield_Farming_Crypto_and_How_Do_Yield_Farmers_Make_Money
https://vimeopro.com/beessocial/yield-farming/video/530441914

Bear in mind that we might obtain payments when you click some links on our site. We attempt our finest to keep things fair as well as balanced, in order to help you make educated choice. For the next 4 years, Compound is offering "liquidity mining" for liquidity providers.

And what you enter return is a token that you can utilize for various other capital development. In BEES.Social that capital development opportunity is continuous.

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