200% per year on dollars with Decentralized Finance (DeFi). Especially through a new platform called Compound, 200% returns are possible through Liquidity Mining and Yield Farming. What exactly do these terms mean and how is 200% even possible? These questions and more we will look at in detail in this blog.
Compound’s mission is to generate returns from crypto currencies and co. The company has been around for a long time and is decentralized. If you go to the platform, you quickly realize that it behaves similar to a bank. Recently they have released their new token: Compound Governance Token
Through this it is now possible to obtain 200% returns per year. How this is possible and which risks are involved, you will learn in detail with slides in this video:
What’s your opinion? Let me know here in the comments!
PS.: Did you know that DFI is bringing #DeFi to #Bitcoin. You can get DFI either on https://latoken.com or on https://cakedefi.com Take a look!
Youtube CAKE: https://www.youtube.com/channel/UCkRa0RHkJ9Udd_mVWl8fa8A