Thoughts on DeFi and the future of Blockchain and Cryptocurrency
I recently have gotten involved with learning about yield farming and understanding the in’s and outs of liquidity providers, APY vs APR and farming vs staking. With so many new financial outlets there is now a plethora of options for us to continue to diversify and compound our earnings. Instead of relying on a measly bank account with a .1% interest yield rate, our new generation of crypto enthusiast has allowed 1600% APY and 800% APR yields. At first glance these things seem like scams and...
Thoughts on DeFi and the future of Blockchain and Cryptocurrency
I recently have gotten involved with learning about yield farming and understanding the in’s and outs of liquidity providers, APY vs APR and farming vs staking. With so many new financial outlets there is now a plethora of options for us to continue to diversify and compound our earnings. Instead of relying on a measly bank account with a .1% interest yield rate, our new generation of crypto enthusiast has allowed 1600% APY and 800% APR yields. At first glance these things seem like scams and...
