Quick Beginners Guide to DEGEN Yield Farming



Hey guys, with the recent amount of questions regarding DEGEN coins and farms, we figured we’d put out a video to help answer the most common questions.

BEGINNER FARMS :
PancakeSwap
https://pancakeswap.finance/

Bunny
https://pancakebunny.finance/farm

USEFUL TOOLS:

CoinGecko
https://www.coingecko.com/en

DaPPRadar
https://dappradar.com/rankings/protocol/binance-smart-chain

GoSwapp (price charts)
https://goswapp-bsc.web.app/

BSCPROJECTS
https://bscproject.org/#/projects?cateID=0&tagID=0

BSC DaPPs are smart contracts built on the Binance Smart chain. BNB is the currency used to engage in the different smart contracts. DaPPs refer to Decentralized Applications. The most popular extension to interact with these dapps is MetaMask.
High Risk ROI dapps are smart contracts that use a “first in, first to get paid” system.
Yield Farming / Staking are smart contracts that use your crypto currency as liquidity for the market. In exchange, you are paid a portion of the transaction fees. Liquidity pools deal with impermanent loss while staking is simply subject to price depreciation.
DeFi is short for Decentralized Finance and entails everything written above as well as many other topics. Its IMPORTANT to do your own research.

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[email protected]

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If you would like to donate as a way to say thanks, Thank You very much. We definitely appreciate the love and appreciation.

BTC:
bc1qg8llmuel6ldva9awumj5rsgfx8pkffw9p66jtg

ETH:
0xC126a6f2D2C02fbec4ad36510E99417B8ce7C3ea

BNB:
bnb1y6aecyplyyzyzufh7gmq5mmwh90wk8pltpym2l

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