Yield Farming Coop

Teaching you to earn real revenue by providing liquidity on crypto exchanges & building a strong portfolio.

5-10%/Month Passive Income @FarmersBounty

DMs open

[Yield Farming Coop @YieldFarming247]

Most people lose in DeFi because they go in alone

We built something different

4 live calls a week, hands-on onboarding, a community farming together for 2 years
Real people. Real farms. Real results.

Follow to see what's coming

[Yield Farming Coop @YieldFarming247]

So, what's an example of a tool we've mentioned before that can help you mitigate the dreaded impermanent loss

One simple tool to use is @DefiLlama 's correlation coefficient

It helps you determine the price action of 2(or more tokens) with a -1/1 range, 1 being most correlated

[Yield Farming Coop @YieldFarming247]

Even though this is bullish for crypto liquidity, volumes are still lagging while the markets slowly head upwards with $BTC ranging around 64k for majority of the day

Numbers for the day well below the 30 day average:
Volumes at 20.89 BLN
and
Alts valuations at 611 BLN

[Yield Farming Coop @YieldFarming247]

Gm all, the major crypto update for today is the fact it seems to be becoming less reactive to Middle East headlines and more sensitive to global liquidity conditions, namely Japan's bond yields spiking to 30 year highs

[Yield Farming Coop @YieldFarming247]

Alongside the valuations and volumes, another key metric when it comes to yield farming is of course, $BTC dominance chart

aka

Ratio of big daddy $BTC compared to the rest of the market

Currently, we're around 60%~

True alt season only starts when this number approaches <50%~

[Yield Farming Coop @YieldFarming247]

@TheW3storm @tradingview DMs open

[Yield Farming Coop @YieldFarming247]

Alright now that we know the basics, we can start exploring a little more tricky subjects but yield farming, in general, is all about volumes
If people buy and sell, if they trade tokens, there is yield

So let's take a look how the market is today, what's moving and why📊

[Yield Farming Coop @YieldFarming247]

Today, valuations of crypto except $BTC and stablecoins is sitting at 612 billion while the volumes at 20 billion
source: @tradingview

[Yield Farming Coop @YieldFarming247]

We will go into more details about this in upcoming days and weeks but we hope you understand the main driver of the markets which we will be reporting on daily, alongside key macro moves

[Yield Farming Coop @YieldFarming247]

@JustTenYears Appreciated :)

[Yield Farming Coop @YieldFarming247]

Week in review

7 days, 7 lessons that took us years and a few rugs to learn

The single most valuable thing from each day of week 1

Plus what we change starting tomorrow!🧵

[Yield Farming Coop @YieldFarming247]

@walrustomoon thanks for the support! :)

[Yield Farming Coop @YieldFarming247]

Zero to hero in one week, and we are just warming up

If you wish to take this seriously, now, in the depths of the bear market, your timing couldn't be better

Congratulations for being here when everyone is 😴

We're here to help, 4 live calls a week

#DeFi #yieldfarming

[Yield Farming Coop @YieldFarming247]

Day 6; Understanding risks

The single question that filters most scams:
Where does the yield come from?

Fees, interest and incentives are real, visible onchain and verifiable

If nobody can answer, you are the yield💸📉

[Yield Farming Coop @YieldFarming247]

Tomorrow, Week 2 changes the rhythm

Every day (EST mornings) opens with a fresh market post:
Market caps, 24h volumes, what's moving and why

Volumes=Yield

We will continue to provide value and teach on more advanced topics, sometimes even specific LP positions 🌿

[Yield Farming Coop @YieldFarming247]

Day 5; Figuring LP and Yield Farming

A liquidity pool is a shared jar of 2 cryptos

Traders swap against each other and pay a fee

If you fill the jar, you collect those fees from everyone trading 24/7

You become the house 🏠

[Yield Farming Coop @YieldFarming247]

Day 4; Code doesn't sleep

A bank can freeze you, a CEX can vanish overnight

A DEX like @Uniswap can do neither (barring serious anomalies)

No account, no permission, just a wallet and a swap
Code also has a hard time filing for bankruptcy ^^ 📉

DEX>CEX✅

[Yield Farming Coop @YieldFarming247]

Day 3; understanding stablecoins and gas

You don't need to stomach volatility to use DeFi

Stablecoins hold near $1(in most cases) and act as your cash

And on an L2s the fees are cents, not dollars

You start with stablecoins before learning about IL and everything else 1️⃣🟰1️⃣

[Yield Farming Coop @YieldFarming247]

Day 2; why crypto even exists!

If your coins sit on an exchange, they were never yours

FTX, Celsius and Mt Gox proved it the hard way

Not your keys, not your coins

Self-custody is the whole point!🔐