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How You Can Double Your Money -- Or Lose Everything

How You Can Double Your Money -- Or Lose Everything

Released Friday, 26th June 2020
Good episode? Give it some love!
How You Can Double Your Money -- Or Lose Everything

How You Can Double Your Money -- Or Lose Everything

How You Can Double Your Money -- Or Lose Everything

How You Can Double Your Money -- Or Lose Everything

Friday, 26th June 2020
Good episode? Give it some love!
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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 workshow people could potentially earn 100% in annual percentage yields from itwhy people can earn more from lending or borrowing certain tokens vs. othershow people can earn from borrowing at allhow much leverage people are playing withthe three ways people can lose their money while trying to yield farmand what the long-term significance is of yield farming for cryptoUnchained is hiring! Check out our job listing for a remote editorial assistant here!Thank you to our sponsors! Crypto.com: https://crypto.comNexo: https://nexo.ioDeversiFi: https://deversifi.comEpisode links: Tony Sheng: https://twitter.com/tonyshengTony's newsletter: https://www.tonysheng.comBeware illiquid markets: https://tonysheng.substack.com/p/beware-illiquid-markets-lessons-fromYield farming is the new GPU mining: https://tonysheng.substack.com/p/yield-farming-is-the-new-gpu-miningHow to earn 100% annual interest yield farming: https://twitter.com/tonysheng/status/1274393189231689728How you might lose your funds yield farming: https://twitter.com/tonysheng/status/1274780457729617920?s=20Links from news recap:https://unchainedpodcast.com/why-chamath-palihapitiya-believes-in-bitcoin/

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