What are Degen Yield Farms? (Animated) - Crypto Pyramid Schemes
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- เผยแพร่เมื่อ 10 มิ.ย. 2024
- What is a Degen Yield Farm? A Degen Yield Farm is a platform that offers high interest rates in turn for a deposit fee. Many yield farmers and crypto investors believe they are a pyramid or ponzi scheme.
RugDoctor: rugdoc.io/
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Never heard of those Farms Thx for the Vid
Love what you are doing here.
This was a really informative video guys 😀👍
Exactly the video I was looking for, thank you so much for your video Whiteboard Crypto. Farm phenomenon is more and more popular, but farming well or not is partly from the project. Recently I saw a new Farm project from KDG, it seems reasonable. I don't know if you've heard of them, I need someone as clear as you
Sounds good, which country is this KDG project from?
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Thank you for this video. I now know what to call the Dex that has a high APY that I have invested some money in.
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Same! It's a roller coaster to watch each time. Thanks for the comment as always :)
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Awesome! Thanks
Very great video. what are your thoughts on surgeUSD and surgeETH? the liquidity is within the contract and the value of your holdings never goes down in relation to the underlying asset.
Excelente!
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Thanks
Love it!
Very clear
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You should do a video on how BlockFi / Celsius / Nexo are able to offer 10% yield.
Most farms I see pay you back in “their token”. How do you know if your getting ripped off or not?
Great info -
Thanks man
Wow 🤩 a gem 💎
Awesome
I wish you share the link to the videos that are mentioned in the videos
Will be nice to learn crypto
Can you speack about
1) Time wonderland
2) Ice Dao
3 ) Yield Nodes?
When you mentioned, smart farmers sell their LP tokens and get ETH, or MATIC or others, I was curious to know where one can sell their LP tokens.
Time Wonderland!
how do i know if the yield farms on fantom are degen, tomb finance reaper finance etc.
Please dive deeper into vfat
Great video, yes layered farming is a ponzi scam!
This year is going to be insane for Stilton Musk.
nice!
I want to learn about the NFT market, my friend told me about the KDG project, do you think it's possible?
Very well done video! I dont usually comment, but this is great info.
We appreciate that! Thanks for stopping by :)
Good review. Maybe u need to take a look at other project. How about KDG, they focus on NFT Game and their product is quite good
If a farm success, it token will have value like Cake or Banana
I just realized that farming is the real crypto play.
My friends are currently in a 7000% yield farm, making them 20% a day, that's some crazy shit
thoughts on vvs finance? seems like it ticks a lot of these boxes
nice. can you take a look to KDG token?
Hope you will introduce about KDG, it is currently following the trend of NFT game, I want to know if it has potential or not? thank you
based
What do you think of STRONG ?
I have a diverse portfolio with investment in cryptocurrencies, gold and silver. But I want more, I would like to add low cap altcoins too. But I don't know where to buy the coins from. The truth is, I don't know how to go about the whole process. I would love to diversify my $374k portfolio across the market to withstand inflation. That is my goal. I need help.
What you need to do is fine quality assets with long term potentials. I have discovered that it takes a professional, someone who knows the market very well to make such delicate decisions. But it is very important to get a reliable expert.
I was in that position two years ago when I wanted to diversify my $300k portfolio, it was challenging getting a professional advisor until a friend recommended Jason Harman Pierce. He is a portfolio manager (including crypto portfolio) and a professional trader. He is also a investment advisor. He is very grounded in his fields. He expanded my 300k portfolio to a moderate 597k in less than two years. No matter how unstable the market is, he still finds a way to make me some profit.
Wow..!! That is a huge surge in profit in a moderately short time.
I know Jason Herman Pierce too. I worked with him 2years ago when I wanted to diversify my portfolios.His strategies are profit oriented and it really worked for me. He provided me with entry and exit points for the securities I was focused on. I netted a profit of over $600k in all my holdings in less than two years. Jason is amazing.
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How can I contact him please. I am in dire need of an advisor.
Is planet finance an example of degen yield farming site?
I was keen on these Degen Yeild Farms but after watching this video not so much now.
Can you cover OHM DAO?
Degen yield farms are built on the promise of utility. If they create utility, they're not so degen. If they don't... there is no income to buyback the token (other than deposit fees, which dry up quick) and stabilize the price from sell pressure.
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After hearing what you shared, I decided to join the NFT market. Can you recommend me some projects, recently I heard about KDG
Oh jeez. The more I watched the more I realized i’m invested in one of these.
TITANO gives 102,483.58% fixed APY, that’s 1.9% per day, compounded every half an hour and they are audited. Those are some of the good things going for them. Now the red flags are that to put money in they take 13% and to take it out they take 18%, the owner is anonymous because he says he wants people to focus on the coin not him, and the only way to buy and sell this token is by swapping with BNB.
I only have $100 in it, and my plan is to keep it in there until it doubles (which only takes 37 days at a stable price) then take my initial investment out and keep the interest in and ride it out on the house’s money. Let’s see how it goes.
Hey, is there any company or entity that uses 15K bit of encyption or more?
Not that we are aware of, that is a very large bit size, but we will look into :)
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