Earning decentralized interest with your crypto

Last episode we discussed how to earn interest on your crypto using centralized platform such as https://nexo.io. Crypto being crypto, there are decentralized methods to earning interest -- called "yield farming". Cutting out the middleman can provide a much higher return on your assets but there are risks we need to discuss.During today's episode we cover the various ways that defi platforms can provide services that allow you generate that interest. I discuss the four primary ways that interest can be earned on these platforms. And of course we talk about risks of using a decentralized platform.Newshttps://www.theblockcrypto.com/post/142304/metamask-advises-users-to-disable-automatic-icloud-backups-of-its-wallet-data-to-prevent-hacksLinkshttps://defillama.com/defi yield earning platformshttps://anchorprotocol.comhttps://yearn.financehttps://uniswap.orghttps://curve.fihttps://aave.comhttps://www.sushi.comhttps://compound.financehttps://www.anchorprotocol.com solana based platformshttps://raydium.iohttps://www.orca.sohttps://app.saber.sohttps://mercurial.financehttps://synthetify.iohttps://www.atrix.financehttps://aldrin.comPodcasting 2.0 Apps Available at http://newpodcastapps.com/ and Value4Value information page available here: https://value4value.info/I can be reached by email at [email protected] and on twitter at @McIntoshFinTech. My mastodon handle is @[email protected]. I'm also on matrix at @mcintosh1775:matrix.org. Looking forward to hearing from you!Websitehttps://gen-btc.comMusic CreditsProtofunk by Kevin MacLeodLink: https://incompetech.filmmusic.io/song/4247-protofunkLicense: https://filmmusic.io/standard-licenseThe following music was used for this media project:Music: Ethernight Club by Kevin MacLeodFree download: https://filmmusic.io/song/7612-ethernight-clubLicense (CC BY 4.0): https://filmmusic.io/standard-licenseArtist website: https://incompetech.comWebsite https://satoshis-plebs.com Podcasting 2.0 Apps available at http://podcastapps.com and Value4Value information page available here: https://value4value.info I can be reached by email at [email protected] and on Twitter at @McIntoshFinTech. My mastodon handle is @[email protected]. Looking forward to hearing from you!