Angel investor and writer Tony Sheng explains what yield farming is, why it’s been such a craze, and whether or not the trend is sustainable. We discuss:

  • how yield farming works
  • how people could potentially earn 100% in annual percentage yields from it
  • why people can earn more from lending or borrowing certain tokens vs. others
  • how people can earn from borrowing at all
  • how much leverage people are playing with
  • the three ways people can lose their money while trying to yield farm
  • and what the long-term significance is of yield farming for crypto

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Episode links: 

Tony Sheng:

Tony’s newsletter:

Beware illiquid markets:

Yield farming is the new GPU mining:

How to earn 100% annual interest yield farming:

How you might lose your funds yield farming:

Links from news recap: