Yield Farming Explained With Lego

Hello Defiers and happy Friday!

📺 Heads up that we just uploaded a new video to The Defiant’s YouTube channel!

If you read this newsletter, you know we’ve been deep in the weeds of yield farming, with all the latest developments in COMP, BAL, MTA, YFI, YFII… phew! — Well, in this video, Robin Schmidt and I take a step back to explain in simple terms what yield farming is, how it works, and why it matters.

Watch the video, and subscribe for more :)

Huge thanks to Harmony Protocol for partnering with me to producing this video series 🙌

🎙Also, listen to this week’s podcast episode with the builders of Polkadot’s DeFi:

The Defiant is a daily newsletter focusing on decentralized finance, a new financial system that’s being built on top of open blockchains. The space is evolving at breakneck speed and revolutionizing tech and money. Sign up to learn more and keep up on the latest, most interesting developments. Subscribers get full access at $10/month or $100/year, while free signups get only part of the content.

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About the founder: I’m Camila Russo, author of The Infinite Machine, the first book on the history of Ethereum. I was previously at Bloomberg News in New York, Madrid and Buenos Aires covering markets. I’ve extensively covered crypto and finance, and now I’m diving into DeFi, the intersection of the two.