Are DeFi Yield Farming Platforms Here to Stay?
We've all come in close contact with a wide range of DeFi yield platforms. The DeFi industry has exploded and open source technology stacks have enabled a wide range of projects to integrate DeFi.
We have offered DeFi through CubFinance and (soon) through PolyCUB as well. There's a lot of interesting things happening in DeFi right now, but Mitch (@scaredycatguide) brought up a great question in this week's AMA:
Are DeFi Yield Platforms Here to Stay?
Mainly, can we rely on the income we earn from yield farming platforms? Will we be able to stake our cryptocurrencies and earn yield for the forseeable future.
In this clip from the AMA, we give a few different perspectives on the future of yield farming, especially focusing on the largest platforms in the industry like Curve.
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▶️ 3Speak
DeFi has introduced an exciting new way of doing business that is too palatable to ignore.
I am sure it is here to stay, most likely with new changes that will improve its structure
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I believe it have what it takes to yield a positive income and it wouldn't be a bad idea and it is here to stay with progress for the future.
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As long as cryptocurrency exist, DeFi platforms will continue. The only thing that could happen when the masses onboard is the Apr shrinks. Also DeFi platforms will just learn to be innovative to make it worth investing into
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On my own opinion I believe Defi yield farming platform will stay and these are the new beginnings events that are going to occur on the Blockchain. Trust they will have so many interesting features to offer on the platform. They're definitely going to stay. This is my verdicts
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DeFi has provided a new age of of investment in Crypto where investors have complete control on their funds. I believe that this is here to stay and with DeFi 2.0 many things will be fixed and more people follow DeFi for their investment needs.
I do believe that DEFI are here to stay and probably most crypto users will tend to use DEFI instead of the classic market.
About Leo, it's on Binance Smart chain and soon on Polygon! maybe the other extension will be on Solana or Fantom!
Keep up the great work and have a happy new year.
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¡Feliz año 2022 son mis mas sincero deseos Compañer@!
I think Defi is a very interesting idea, where transactions are more fluid and faster (a very important point), I think that this type of investment could be very successful. Of course, you have to take into account that the security must be optimal.
In my opinion Defi is definitely here to stay, it has revolutionized the way we see finance, earnings and compound interest. It shows that wealth distribution is possible with defi, the world is going to be a better place with more defi adoption.
I very much hope so. No longer are we expected to hold bags and pray. Now we can make our bags work for us
The defy platfom are here to stay, AND the development Is More faster than, the regulator AND the laws, for this reason always the runner is displayed, AND we are in this kind of investing vehicles.
Thanks a Lot.
At times I begin to wonder whether defi yeild farming is actually here to stay with the whole lot of back and crack story couple with the scam rushing on the farming stuff.
Well perhaps maybe 2022 can still help to change the perspective about yield farming. I hope so
Happy new year friend
Yield farming platforms has really help alot of people to generate income, I believe we will see more of it in 2022. So I believe that it has come and stay.
As far as I understand, DeFi sets the stage for a world without traditional brokers...and when there is no middleman users will acknowledge its benefit. ...so it's going to be interesting prospect to explore...
I say they are here to stay cause people don't like bank low returns and lack of freedom in sending money + lot of fee
In my exp with defi yielding farms I have been rekt on the two that I used. I'm pretty much staying away from them forever.
A world where we didn't have to rely on centralization, still a long way though..
Very agree with you that DeFi is here to stay and he have provided a great development to all investors to have there fund control in crypto market
Like most of things like this, if they last they will for sure be smaller and bigger at the same time.
If would probably be safer with a lot more users, with probably TVL of tens of billions of $ but the APY will start to be smaller and smaller. As does the CUB kingdom, the more user there are the smaller each user rewards become.
We could start to have platforms offering apr of %~10 or less for all their farms. I think. But as I'm absolutely everything but an expert I could be really far from the truth :')
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Fully agree. But i would add that as more and more people flow into defi, there will be a great oppurtunity: exclusivity.
We will see private farms with higher apy-s but you can join only if you match some criteria like existing balances in your wallet or anything the owners decide.
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You're right !
I didn't think about that but there are already farms like that, or with a short period of few day when you lock your funds for 1 month or with z capped staking.
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Tnx for the show abt investing on yield farming on crypto.
First I learn about Defi from Twitter and I think Defi has good potential. Positive thing is that new changes going to improve the whole structure.
Thanks for the wise discussion via 3speak vlog.
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I think we are in an innovation phase with DeFi and we are exploring many ways to yield and have the users as active participants to them. Thinks are evolving and in a form or the other DeFi will become the new normal.
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Despite the uncertainty, I believe that the expected mass adoption will serve the cause. DeFi is still early on in it's evolution and WILL get better.
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