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Decipher Sniper
@tothemoon-001
🎓 IT'S BEEN A MINUTE... BUT I'M BACK!🤗 Been a while since I dropped some alpha here on Farcaster 👀 But your favorite Web3 101 teacher is back on the mic and we’re kicking things off again with a hot one: 🧑‍🌾 YIELD FARMING: RISKS & REWARDS Let’s break it down for the newbies👇 WHAT IS YIELD FARMING? It’s like putting your crypto to work. You lock your tokens into a DeFi protocol (like a liquidity pool), and in return, you earn rewards usually more tokens. WHY DO PEOPLE LOVE IT ? ✅ Passive income ✅ High potential returns ✅ Incentives from new DeFi projects But hold up... there are risks too: ⚠️ Impermanent loss ⚠️ Smart contract bugs ⚠️ Rug pulls ⚠️ Unsustainable APYs Yield farming can grow your bag, but don’t ape in blindly. DYOR, start small, and always farm safely 🧠 More threads coming, class is officially back in session 🧵🎙️
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