WTF IS A YIELD FARM??

Описание: Hello and welcome back/to the channel! Today we are going to be breaking down the basics of yield farming and also showing a demo of how you can Yield Farm safely on the optimism blockchain using velodrome! Most dexs have the same process: 1) Add Liquidity 2) Stake LP 3) Earn Yield. They also have the same withdrawal process: 1) Collect Rewards 2) Unstake LP 3) Withdraw Liquidity to separate tokens. Thank you for watching the video we will have more content covering Bridging, the Optimism Quests, and other DeFi basics soon! Don't forget to share with your friends and to like and subscribe!

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Timestamps:

Intro - 00:01
Yield Farming Basics - 00:31
Pre-demo Explanation - 04:00
Velodrome Demo - 06:35
Find Yield using DefiLlama - 11:30