How You Can Double Your Money -- Or Lose Everything Unconfirmed

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 works
how people could potentially earn 100% in annual percentage yields from it
why people can earn more from lending or borrowing certain tokens vs. others
how people can earn from borrowing at all
how much leverage people are playing with
the three ways people can lose their money while trying to yield farm
and what the long-term significance is of yield farming for crypto
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Crypto.com: https://crypto.com
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DeversiFi: https://deversifi.com
Episode links: 
Tony Sheng: https://twitter.com/tonysheng
Tony's newsletter: https://www.tonysheng.com
Beware illiquid markets: https://tonysheng.substack.com/p/beware-illiquid-markets-lessons-from
Yield farming is the new GPU mining: https://tonysheng.substack.com/p/yield-farming-is-the-new-gpu-mining
How to earn 100% annual interest yield farming: https://twitter.com/tonysheng/status/1274393189231689728
How you might lose your funds yield farming: https://twitter.com/tonysheng/status/1274780457729617920?s=20
Links from news recap:
https://unchainedpodcast.com/why-chamath-palihapitiya-believes-in-bitcoin/