In this episode of CRYPTO 101, brought to you by StopSIMSwaps.com, we speak with “Red”, Community Manager and local legend at Harvest Finance (FARM). Red is a yield farming expert, and he gives us a comprehensive 101 on the subject. He also talks about how Harvest Finance is the leading solution to maximizing yield in crypto.
We attack the question of “what is DeFi and why does it matter” in a few different ways. We discuss the beginnings of DeFi with the birth of Andre Cronje’s Yearn Finance (YFI) and the philosophy behind “fair launches” (as opposed to the “pre-mines” and ICOs of the old days). We discuss the differences between DeFi projects and yield farms, while highlighting both red and green flags along the way.
We address the topic of Decentralized Autonomous Organizations (DAOs), and what governance will look like in the future. We close the conversation with a discussion focused on crypto communities and what makes them unique.
If you are getting serious about crypto and DeFi, then this is an episode you can’t afford to miss.
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