Thread by @SamuelXeus

• THE FARMERS WILL MAKE MORE MONEY.
No sane farmer plants when others are harvesting or harvests when others are planting. How do you know when to plant or harvest? The game requires a lot of sense but let me explain.👇
🧵 #DeFi #Nfts #Foreverinprofits

Yield farming is a way for token holders to maximize rewards across various DeFi platforms. Farmers provide liquidity to various token pairs and earn trading fees as rewards. These liquidity pairs can also be staked to earn more rewards.

Now, there are several ways you can farm in DeFi:
1. Provide Liquidity.
2. Staking.
3. Lending & Borrowing.

• HOW YOU CAN X10 YOUR PROFIT BY FARMING.

Let me explain something, there is not enough liquidity in the market right now. Traders are likely to pay more fees when they trade some certain token.

As someone with in-depth DeFi knowledge, you will understand that it's not just enough to find alphas early. When you get in early, you also provide liquidity knowing that volume is coming.

I found SPL tokens like $Scrap, $Forge, $Jelly, etc using the simulation strategy but there wasn't enough liquidity. Low liquidity means the price will pump faster and providing liquidity still gives me a way to earn.

I won't only make money when the price starts pumping, but I will also earn fees from traders buying and selling. That way, farmers will make more money.

• HOW YOU CAN MAXIMIZE PROFIT FARMING AIRDROPS.

I can receive the same amount of airdrop as you and I will still make more money than you, why?

Because I understand that, this airdrop is only given to certain people. As a smart farmer, you can provide liquidity with the airdrop knowing that crazy volumes are coming. That way, you will make more money than just holding your airdrop tokens.

You would have made more money with your $OP, $Canto or $Ape airdrop with the number of crazy volumes they had on launch, only if you've farmed these tokens.

• RISKS
You shouldn't be farming when others are harvesting otherwise you will get burnt and may face impermanent loss

Understand the fact that there are several ways to make money in DeFi, you only need to be smart.

People have been farming and providing liquidity for $DUST and other SPL tokens since around July. If you're just knowing about them and you planned to farm now, well..., farmers will always make more money.

Read the thread on simulation strategy every day till you understand, after all, the game is the game (♟, ♟)

https://twitter.com/SamuelXeus/status/1564971116510281730?t=b31aJsUMo3pA7W4Rr8trhw&s=19

Like & RT the first tweet.
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