@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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