/YFG/ - Yield Farming General

[YieldFarmer !yieldERdwo No.52260759]

Algofi Lend Edition

> Top stablecoin APY
27.44% - [e-mail] (Polygon)
24.19% - USDC-fUSDT@SpookySwap (Fantom)
13.91% - [e-mail] (Cronos)

> Top BTC APY
13.27% - [e-mail] (Fantom)
10.36% - [e-mail] (Polygon)
7.70% - [e-mail] (Heco)

> WTF is yield farming?
Earn interest on your coins with decentralized finance

> Screeners
https://defillama.com/
https://coindix.com/
https://dexscreener.com/
https://app.apy.vision/
https://www.poolanalyzer.com/

> Tools
https://defi-lab.xyz/uniswapv3simulator

>Portfolio trackers
https://debank.com/

> YouTube
https://www.youtube.com/c/FTMAlerts
https://www.youtube.com/c/Finematics

> More Info
https://101blockchains.com/yield-farming/
https://www.youtube.com/watch?v=ClnnLI1SClA&ab_channel=Finematics

telegram: bizyield

[Anonymous No.52260780]

>>52260759
yes yes stablecoins where can I find retard degen apy?

[Anonymous No.52262544]

>>52260780
On reaper. farm on optimism you can get 20% to 30% on their sonne crypts. Probably the best "safe" place to compound stables

[Anonymous No.52262567]

Behold the most organic thread on /biz/

[Anonymous No.52264107]

>>52260759
What are some strategies to minimize the risk of being liquidated while leveraged yield farming across multiple lending protocols?

[Anonymous No.52264283]

more like ponzi general

[Anonymous No.52264959]

>>52264283
>implying there is crypto without ponzi nature

[Anonymous No.52266928]

>>52260759
chad

[Anonymous No.52266957]

What's farming difference to Staking? In articles of Binance is said it's high-risk, but in the process just seems exactly like the staking risks.

Farming, Staking, Mining, which one should we prefer?

[Anonymous No.52267887]

>>52260759
You called this the AlgoFi lend edition but you didn’t even mention why! Algorand DeFi is still playing catch-up with EVM DeFi, but it’s come a long way since the tinyman hack in January. AlgoFi just recently came out with their BANK governance token and they’re handing it out in their yield farms. They don’t include BANK rewards in their upfront APR calculations, but USDC lend and earn gets 8.32% APR plus 15k BANK per $1000 TVL. At the current BANK price of $0.015, this comes out to 8.32% + 22.5% = 30.82% APR! AlgoFi.org is the website, MyAlgo.com is the best wallet and you can buy ALGO on basically any major exchange. BANK itself kindof works like CRV where you can lock it up to boost your yield farm yields, but they’re fleshing out the system over time. Algorand DeFi isn’t quite what you EVM guys are used to but it works!

[Anonymous No.52269860]

>>52267887
This

[Anonymous No.52270407]

YDF crew check in

[Anonymous No.52272051]

>>52266957
Farming = staking. Farming is a metaphor for the unrealistic yields you may sometimes see.

Risk really depends on impermanent loss (IL) and the token you receive as reward. High yields usually means high inflation. IL becomes less of an issue when you combine a token with a stablecoin.

I recently got into Tomb on Lif3.com (FTM L2). Pretty high APRs, possibility to leverage LPs and also the possibility to gain a massive 600% APR when stacking your rewards.

[Anonymous No.52272054]

>>52260759
This looks cool, but I prefer the 30% I'm getting with USDB on Takepile

[Anonymous No.52272093]

Holoclear released, boys. Any thoughts?

[Anonymous No.52272100]

>>52264283
>implying ponzi even applies to crypto
bro. decentralized bro.

[Anonymous No.52272978]

>>52272054
Is this static or dynamic?

[Anonymous No.52272997]

>>52269860
AlgoFi liquidity lending pools are cool as well, you’re basically lending out both assets in your share of the liquidity pool, boosting your yield. Even if you don’t count BANK as yield (it’s highly inflationary and has VC unlocks starting in a year) there are still plenty of good deals on there. Humble DeFi and Pact also have their own versions of yield farming, but I’m holding out for Deridex, a derivatives platform built ontop of AlgoFi. ALGO/STBL2 liquidity is going to be fire once that comes out.

[Anonymous No.52273156]

Algorand is the premier vaccine passport blockchain. Home of the best affirmative action for hiring tranny's in web3!

[Anonymous No.52273627]

>>52272978
The pool is static anon, so your funds are in safe hands.

[Anonymous No.52273651]

>>52272051
So, Staking and liquidity high earning have the same risk for coins I HODL but are just halting on my wallet?

[Anonymous No.52273783]

>>52273627
How long is the staking duration, pajeet?

[Anonymous No.52274036]

been in these threads (well theyre usually short threads unfortunately) from the start...I have dropped good yield farms a few times...this time though I want to present some info for you guys. Make sure to understand how rewards are handed out. I.e. if the APR showsn is going by time, or by block. The reason I mention this is FTM. FTM is my homechain, where I do most of my farming. In the recent week or so though APR has been cut by more than 50% while still showing the full amount as what you should be getting. The reason for this is that the block time went from around 1sec to 2sec. Meaning that any rewards being handed out by block were halved, the APR shown on the FTM farms (I think there are a few that use time, rather than block) is based on block which means with the doubling of blocktime, we have a halving of rewards. This shit has really thrown my strat off and I hope it goes back to normal very soon...

[Anonymous No.52274114]

>>52274036
I have been yield farming for a quite some time. I have seen a lot of fud about it, read a lot of papers saying why its bad, why its good, w/e. Here what I have sussed out about it... You need to actively manage your yield farms, these are not set and forget. You need to be on top of watching the news for both sides of your token pair(this is easier for pairs with a stable) as well as for the reward token. Active management is key.

[Anonymous No.52274136]

What are some good options for farming on Curve? I really like the aesthetic of their exchange and would like to give them a go.

[Anonymous No.52274241]

>>52274136
how much are we talking about anon? curve yields are pretty low. If you have less than tens of thousands going into the farm, you might want to take a look at a less developed ecosystem that offers higher yields.

[Anonymous No.52274260]

>>52274036
HOLY SHIT STOP SHILLING FTM IT'S A SHIT GHOST CHAIN THAT HAD ITS RUN

[Anonymous No.52274281]

Heard GMX is giving out incentives in Avalanche. Any good delta-neutral strategies?

[Anonymous No.52274360]

>>52272051
no anon, farming does not equal staking. Staking implies that you deposit a single token into a contract and earn yield on it. Farming is you taking two different tokens, combining them into a new "LP token" and then staking that LP token and earning a yield on it. You are acting like a market maker when you farm. Staking has nothing of the same mechanics. Its clear that you dont understand where the yields are coming from. Here is the breakdown, with small numbers to make it easy....I have 100 tokens a day I want to give out. I put them in a farming pool that takes 'LP' token. No matter what, that pool is going to divvy out 10 tokens each day. If 1 person comes and puts 1 token in the pool, those 100 tokens all go to that person, making the daily yield 1000%. Now, if 10 people put 1 token each, they all get 1 token each, or 100% daily yield. Now the realistic thing to happen is 1000 people put in 1 token each, making daily rewards .1 token each, or a 10% daily yield....say theres 10000 people with 1 each, now its .01 tokens per day, or 1% daily yield. As you can see, the more funds in the pool the smaller the yield becomes, until it becomes something reminiscent of tradfi APR.

[Anonymous No.52274392]

>>52274360
>I have 100 tokens a day
meant to put 10 tokens a day in this first spot, soz anons, if you try with 100 the rest of the math wont work. Use 10 in here if you are trying to follow along

[Anonymous No.52274419]

>>52274260
its really not anon, the # of new wallets created each week is eclipsing every other chain, the daily txns have been going through the roof lately. Many many new projects are in the pipeline coming to FTM that has drawn a lot of hype to the chain, which is one of the reasons the entire ecosystem has pumped this past week. The fact that you chose to jump on my post for "shilling" when I simply stated that I use FTM as my home chain so that other anons that have been in this thread before can recognize my posts makes it clear that you are the HBAR faggot who shits up this board nonstop. Fuck off and go go get fucked by your tranny jewish friends

[Anonymous No.52274512]

>>52274419
TYPING SHILL WHO LOOKS AT EVERY STAT IMAGINABLE EXCEPT THE TACT THAT FTM HAS DROPPED TO #68 ON COINMARKETCAP AND #75 ON COINGECKO. WHO GIVES A FLYING FUCK ABOUT THE NUMBER OF WALLETS BAHAHAHAHAHAHA

[Anonymous No.52274522]

>>52274512
FUCK I MISPELLED TYPICAL AND FACT

[Anonymous No.52274891]

>>52274512
have you forgotten that literally every crypto has been on a downtrend...for the past year? Are you not aware of the things that have happened onchain that would have brought about what you are talking about. Its like trying to point out to people buying LUNC that the token crashed and is 99.99999999% down not realizing that they are buying for that exact reason. I doubt you even realized that FTM had its own LUNC moment that assisted the downward price movement that every other crypto has been faced with this past year. turn off the capslock hbar faggot.

[YieldFarmer !yieldERdwo No.52274893]

>>52274512
FTM is fairly secure and reliable, that's what matters. Fantom has been #1 or close to #1 for BTC yield farming for months, don't sleep on a chain just because its governance token is sinking. The ecosystem is very mature and plenty of projects have multi-chained onto Fantom

[Anonymous No.52274965]

>>52274891
HAVE YOU FORGOTTEN THAT FALLING DOWN THE RANKS MEANS YOU'RE IN A DOWNTREND RELATIVE TO THE MARKET? LUNC LITERALLY HAS MORE APPEAL THAN FTM. AND YES, IM AWARE OF THE SHITSTORM THAT HAPPENED! THAT'S WHY FTM IS GARBAGE NOW!
>>52274893
"I'M IN IT FOR THE TECH" VIBES

[Anonymous No.52274977]

Anyone farm on badger dao with their btc

[Anonymous No.52275008]

>>52274965
No I'm in it for the money. Unlike hbaggots who are in that for globohomoshlomo.

[YieldFarmer !yieldERdwo No.52275020]

>>52274965
I'm in it for the yield opportunities, same reason I am in/out of any chain. I don't farm FTM or even hold any, exempting gas fees. I farm other ERC20 tokens on their network.

[Anonymous No.52275090]

>>52274965
Please enlighten me on what you believe happened. It was a very specific event that took place.

[Anonymous No.52275121]

>>52275008
LMAO HAVE FUN STAYING POOR
>>52275020
GOOD, NOT LIKE ANON OVER THERE
>>52275090
WHAT HAPPENED IS YOUR FAVORITE COIN WILL BE LEFT IN LAST BULL RUN'S HYPE

[Anonymous No.52275544]

>>52275121
>IS YOUR FAVORITE COIN WILL BE LEFT
what kind of broken english is this shit. First off, turn your damn caps lock off you complete mong. Second, if you want to FUD something, try doing literally anything other than coming into the conversation spouting nonsense with no real information. At least fud for other tokens has some meat behind it, I havent seen any FUD from fantom that is based off actual info. I also noticed how you completely ignored my request to tell me what event I was talking about. It seems you will just simply agree with anything negative about FTM without knowing about it...sounds like an hbar shill to me you dirty dirty faggot. Now 1 more time, what event happened on FTM that assisted in it losing market share?

[Anonymous No.52275635]

>>52275544
LEARN TO READ MAYBE MORON? THE FUD IS THAT YOUR COIN HAS FALLEN DOWN THE RANKS INTO IRRELEVANCE. WHY SHOULD ANYTHING ELSE BE SAID WHEN THE MARKET SPEAKS FOR ITSELF? NO NEED FOR EXTRA SPECULATION LMAOOOOOAOAOAOAO

[Anonymous No.52275729]

>>52275635
>IS YOUR FAVORITE COIN WILL BE LEFT
here let me help you, since its obvious that you are ESL and have an IQ of 80. Change "is" to "will" There you go, your sentence makes sense now. This is something you should have learned in kindergarten, first grade if you are slow. I still see no response to my question. Are you just going to keep spouting literal shit? Use your big boy words and come up with a coherent argument.

[Anonymous No.52275768]

>>52275729
"WHAT HAPPENED WILL YOUR FAVORITE COIN WILL BE LEFT IN LAST BULL RUN'S HYPE"

BRUH... YOUR GRAMMAR SKILLS ARE ABOUT AS GOOD AS YOUR INVESTMENT SKILLS

[Anonymous No.52275879]

>>52264107
All I can think of is hedging your perceived risk with puts in accordance with rational principles

>>52272093
2k stacklet, watching this hangman chart, staked

[Anonymous No.52276168]

>>52260759
This is unrealistic
How can they be making money when rates are so high that they would be buttfucking whoever actually loans the coins from them and they are guaranteed to not be able to pay it back right now.
Its all just a rugpull waiting to happen in the next "hack"

[Anonymous No.52276177]

>>52274241
Any recommendations for $2,500 USD. I am going to diversify by 50% and yield farm with 2500 USD and use about 2500 USD on trading bots.

[Anonymous No.52276195]

>>52274241
>>52276177
I am wanting to get a sizable crypto portfolio going and all I have to work with is $5000. But I have been leveraging it a little bit (5x -6x long)

[Anonymous No.52276201]

>>52275121
I made 6 figures in ftm last year. Hoping to match it this coming year. Most likely will have more. Already have a pretty solid plan leading to the bullrun. Have fun bag holding hbag, hbaggot. Hopefully it let's you ear the gourmet bugs.

[Anonymous No.52276280]

>>52276201
>last year
FTM HAD A GOOD RUN FOR A FEW WEEKS. IT'S TIME TO MOVE ON FROM IT AS WE ENTER 2023

[Anonymous No.52276323]

>>52276280
Stay poor, hbaggot. I wish you the best of luck cashing out to buy your pod.

[Anonymous No.52276815]

FTMs and Hbaggies seething coping and malding about each others’ dying defi ecosystems while Algorand chugs along, rebuilding sustainable defi from the ground up. None of your degenerates DESERVE to know how AlgoFi works, but you can look for their docs if you’re interested

[Anonymous No.52277089]

>>52276815
>algorand
Hahahahahahahahaha no thanks. I like to yield farm not baghold and cope.

[Anonymous No.52277764]

>>52277089
My ponzi’s better than your Ponzi!

[Anonymous No.52278063]

>>52277764
Yes

[Anonymous No.52278274]

Sauce single sided staking coming soon

[Anonymous No.52278300]

>>52260759
>27.44% smell like rug drawing closer
This looks enticing but its very risky, i'd prefer to stick to the likes of AAVE, Compound and Idle through SpoolFi, with little to no risk.

[YieldFarmer !yieldERdwo No.52278504]

>>52278300
honestly not super risky in terms of getting rekt imo. Its just unsustainable and probably not worth migrating.

[Anonymous No.52278548]

>>52276177
DESU anon, right now probably isnt the best time to be getting into yield farming with any large amounts. If you do decide to, I would definitely check the DCA strats. The reason I say this is that the markets are most certainly recovering. If you entered a position today, and then prices moon you are going to be eating a lot of IL, dont get me wrong, you will make money..but nowhere near the amount you would have already made. I have stuck in my farms with the rise and fall of prices and so my IL is going to be low when we return to the mean. If you decide to go into a farm, You may want to check those farms with a stable side so you are exposed to only 50% of the price movement. Now I did just open a new position over on Polygon....

[Anonymous No.52278580]

>>52273627
When rug?

[Anonymous No.52278641]

>>52278548
The strategy that I am using over there has worked like this: I had funds from BSC that I got from yield farming, and they ended up getting migrated to polygon. I let that farm finish up and was left with a bag of the token I farmed with, and a bag of matic. The token I farmed with is being left alone to appreciate (no staking atm), the matic however was used to purchase a position on chain (soz wont say what, dont need to be diluted). The APY(notice this is in APY) is fluctuating like crazy between 600-1000% APY(about 230% APR, which is low for my strat). I loaded the position up (it had a nice size LP already) with my matic (this had a stable side) and am earning rewards. Each day I take the rewards and move it to a higher APY farm that I see as riskier. I compound that farm into itself while also feeding from the 1st farm. As soon as the farms reach parity, I will switch to compounding into whatever pool has the greater APY that day. I will keep these farms running until either the APY drops to something below 100 or the token moons. The hope is that the APY drops under 100 in about 4-6months. In that time I will have 3x-6x the $$ value in the pool (remember I also created a 2nd pool that will also be 3x to 6x what I originally started with) So at the end, I am looking at 6x-12x more token holdings than I had before. Then I will stop farming, split the tokens, if the tokens have mooned, I will sell, if not I hold and take the cash portion of the LP and move it to a new pair and repeat. I will be able to continue like this until I hit a pool that basically rugs me. Hopefully my investments have grown enough in $$ and also in # of investments before a rug hits.

[Anonymous No.52278690]

>>52278641
HEY RETARD MAYBE YOU SHOULD LEARN TO PROPERLY READ FIRST

[Anonymous No.52278712]

>>52276177
>>52278641
I hope what I wrote makes sense, but its the strategy I have been using for a while and it works for me...keep in mind it wont work for everyone, I make it a point to keep up to date every day on the news surrounding my tokens and am constantly managing the portfolio, I wont let it go more than 24 hours without checking on it. You also have to understand how to pick tokens. If you dont choose something with a solid use (not a usecase, theyre different lol) then the token will be sold off as fast as its being minted, which will lead to money loss on your part. If there is a reason for people to horde the token, you just have to wait for the supply crunch to happen and youll be in the money...the big part of my strategy is the fact that you only keep half the LP moving forward each time and that half has to be growing each jump. After the 2nd or 3rd jump, you suddenly have a pile of money that you can move around that is several times larger than your original investment, plus you generally have piles of tokens that you have been earning the entire time. One thing I didnt mention is the complete breakdown of how rewards are used. I generally compound heavily when the price is cheap, I stop compounding 100% when the price is something high, say the token does a 10x from where I started farming. Sure I could compound it all, but its likely the price will dip so at that point I would start cashing out like 20% daily and hold as either the native chain token or cash. But everything depends....depends on the market health, the prices for the tokens you are dealing with, what the team is doing..there are a ton of moving parts...the best thing I suggest is talk to people who have lost money and see what they did wrong. There are usually common themes these people have.

[Anonymous No.52278758]

>>52278300
SpoolFi even makes it more profitable since it helps eliminate the several transaction fees that needs to be payed when staking on those protocols individually

[Anonymous No.52278780]

>>52278712
HEY RETARD MAYBE YOU SHOULD LEARN TO PROPERLY READ FIRST

[Anonymous No.52279082]

>>52278300
>>52278504
you guys may want to check this post...
>>52274360
talking about a yield being sustainable to not based solely on the APR/Y being offered is pure foolishness. If a protocol is generating a ridiculous amount of money in fees, but has few investors, the yield is going to be astronomical until more investors pile in and dilute the pool...say 1 million is distributed between 10 investors, making each 100k profit, its the same as having 1mil split between 1000 people. One scenario has a stupid high yield, the other doesnt...both are sustainable because the yield comes from fees.....There is so much more to it than APR/Y. If a protocol offers 100% APR on BTC/USDC (this example is not a rug), and they pay out in their own new token...there is 0 risk going into this pool, nothing that you or any other investor can do will do anything but lower or raise the APR (this is based on the reward token price). Your principal is safe as it is not effected by buys or sells of the reward token. Now this isnt true, if you decide to stake the farm token in a pair, that could lead to disaster if you arent aware of all the moving parts.

[Anonymous No.52279123]

>>52279082
JUST GIVE UP ALREADY. FTM IS DEAD.

[Anonymous No.52279136]

>>52279082
If you have been paying attention to various DEXs recently, there has been a push to change the reward model to something called "real yield" which is yield that isnt created by minting a token. Take for instance, spiritswap on FTM. Their new system works like this. Inspirit holders (locked spirit) get to vote on what farms all of the token emissions get sent to. The farms themselves charge a fee to trade, that fee is then paid to inspirit holders. This makes inspirit holders earn a real yield that doesnt dilute their own holdings. The only new tokens come from the farm which are directed by inspirit. Right now inspirit has been paying around 30% APR each week, this is massively sustainable because every single penny that comes to holders is earned by fees.

[Anonymous No.52279166]

>>52279136
NOBODY LISTEN TO THIS CON ARTIST. HE IS PROBABLY BEING PAID TO SHILL FTM BECAUSE NOBODY IS GENUINELY THAT DUMB TO BE BULLISH ON IT ANYMORE. YOU WILL LOSE MONEY. YOU HAVE BEEN WARNED.

[Anonymous No.52279176]

>>52279123
Your fud won't work here, rabbi.

[Anonymous No.52279193]

>>52279176
YOU SHOULD PROBABLY LISTEN TO JEWS WHEN IT COMES TO ADVICE ON HOW NOT TO BE SEPARATED FROM YOUR HARD EARNED MONEY. THEY'RE EXPERTS AT THAT.

[Anonymous No.52279211]

>>52279193
Yeah but you lie so you can hoard all the wealth under your yamaca.

[Anonymous No.52279232]

>>52279211
I GOT THIS WEALTH BY AVOIDING FTM LIKE THE BUBONIC PLAGUE. I'M JUST TRYING TO HELP YOU. I DONT WANT YOU HAVING TO WORK EXTRA SHIFTS AT WENDY'S

[Anonymous No.52279304]

>>52279232
Sorry anon I don't take financial advice from poor people.

[Anonymous No.52279335]

>>52279304
ONE DAY YOU'LL BE SITTING UNDER THE BRIDGE, SHAKING FROM NOT BEING ABLE TO AFFORD YOUR NEXT METH HIT, AND HAVE VIVID FLASKBACKS OF THIS ANON TRYING TO WARN YOU NOT TO TOUCH FTM WITH A 10 FOOT POLE

[Anonymous No.52279358]

>>52279335
Oh that's pretty neat, kiddo. Ok run along now and play with your legos.

[Anonymous No.52279372]

>>52279358
THIS IS YOUR FORK IN THE ROAD MOMENT AND YOU'RE MAKING A GIANT MISTAKE

FUCK FTM! FUUUUCUCCCCCCKKKKKKK FFAAAAANNNNNTTTOOOOOOMM.MMMM

[Anonymous No.52279389]

holy shit this guy...

[Anonymous No.52279426]

>>52279372
Don't throw a tantrum. Mom will be home soon with Capri suns.

[Anonymous No.52279444]

>>52279426
YOU'RE LITERALLY THROWING YOUR LIFE SAVINGS AWAY BEFORE MY FUCKING EYES. WHY DO YOU HURT YOURSELF LIKE THIS?

[Anonymous No.52279463]

>>52279444
Go to your room! I'm not going to tell you again!

[Anonymous No.52279470]

>>52279463
THIS THREAD HAS DEVOLVED SO MUCH BECAUSE OF YOU IT'S ACTUALLY INSANE

[Anonymous No.52279534]

>>52279470
Cope about it

[Anonymous No.52279562]

>>52279534
F*CK YOU P*SSY ASS N*IGGA. WE'LL SEE WHO'S COPING AFTER THE NEXT BULL MARKET

[Anonymous No.52279586]

>>52279562
I said cope not seethe.