A $6.8 billion pension fund based in Virginia plans to start investing in crypto lending markets. The Fairfax County Retirement Systems recently received approval from its board of trustees to begin investing in yield farming. The decision comes despite crypto lending being at the center of this year’s credit crisis in digital asset markets, which has landed retail investors with heavy losses and bankrupted several companies. “Some of the yields that you’re able to achieve in a yield farming strategy are really attractive because some of the people have stepped back from that space,” said Kath ..read more

Despite collapsing returns on loaned crypto in the current bear market, some investors are in it for the long haul. Outsized annual yields of 25,000% are not unheard of for seasoned crypto investors who earn money through farming or staking crypto tokens.  The current crypto winter, however, has seen much of that yield vaporize, although exact amounts are hard to pin down. It is unclear whether investors will get their crypto back from crypto banks and apps hit hard by the recent market downturn. But it also depends on whether the crypto institutions involved are established players or ex ..read more

Breakdown time: Olga Ortega, the co-founder and CPO of the real-time DeFi explorer AnalytEx by HashEx explains some of the concepts in decentralized protocols. There are countless decentralized protocols and opportunities to use them. In AnalytEx, we know that more than a thousand smart contracts with the signature of MasterChef are created monthly, which are usually called farms. In addition to farms, many people know about the existence of pools. There are several commonly known kinds of pools, like liquidity pools, syrup pools or staking pools, but how do they really differ?  Even expe ..read more

Wonderland founder Daniele Sestagalli says he is launching a new leveraged stablecoin yield farming DeFi project for the not-so-wealthy in crypto. Sestagalli, who faced criticism for trusting former convict Michael Patryn with Wonderland’s finances, said on Twitter that the new pool, or cauldron, will allow retail DeFi traders to earn high yields from their stablecoins. “The new focus of my development is a strong direction towards the core values that brought me here: accessible finance for everyone,” said Sestagalli, in a bombastic April 9 tweet. He promised a “new era” in stablecoin yield f ..read more

MadFish Solutions, the developer of QuipuSwap, a decentralized exchange on the Tezos blockchain, announced the launch of yield farming programs with high APRs. Starting March 30, all QuipuSwap users can participate in yield farming within the Tezos ecosystem and earn rewards in QUIPU tokens. QuipuSwap farms will launch with QUIPU and QUIPU/TEZ staking. Farms with other tokens will be added shortly.  The QUIPU token is used in QuipuSwap AMM governance and as a means of payment for  QuipuSwap’s future services. After the launch of the cross-chain bridge, on which the MadFish and Allbri ..read more

Fairfax County, Virginia, is considering investments in two crypto funds that use yield farming for its pension funds. A decision will be made in the next few days and, if passed, would be the first case of pension fund money being involved in DeFi. Bloomberg reports that pension funds in Fairfax County, Virginia, are deliberating whether pension fund money should cover crypto funds that use yield farming. This is the first case of pension fund money being used to add liquidity to decentralized exchanges. There are specifically two crypto funds that are being considered. This move is yet to be ..read more

Yield farming: We need to lower the risk of yield farming to attract more individuals and institutions to DeFi, says Danny Chong, the co-founder of Tranchess. Yield farming in Decentralized Finance (DeFi) has long been a high-risk endeavor with high rewards. However, steep risks may also dampen investor confidence, and prevent new entrants from entering the space. DeFi players should consider putting into place effective measures to address this in preparation for the next wave of DeFi growth.  DeFi Growth It was 2020 when DeFi Summer officially took off. Thanks to the likes of Compound ..read more

Sam Bankman-Fried, the CEO of FTX, has offered his explanation of exactly what “yield farming” is. But alert listeners to the Odd Lots podcast on Apr. 25 will have noticed that what Bankman-Fried actually described was a textbook example of a ponzi scheme. The bizarre episode was precipitated in a conversation with former Goldman-Sachs investment banker Matt Levine. Levine simply asked Bankman-Fried how yield farming works, setting the FTX CEO off on a winding description of ‘X Token’ – the imaginary token which comes from a box that does “literally nothing.” Despite doing literally nothing, B ..read more

July 15 witnessed a major milestone for the growing ETHA Lend community worldwide. Following months of hard work and amid rising anticipation, the project finally launched its Mainnet on the Polygon network. For those out of the loop, ETHA Lend pitches itself as a protocol-agnostic DeFi yield optimizer powered by the Polygon network. It’s an ambitious project that aims to remove all roadblocks limiting DeFi’s accessibility and appeal to the broader crypto community. The Mainnet launch was, of course, a crucial step in that direction and so far appears to have lived up to the community’s expect ..read more

Harvest Finance recently rolled out Version 2 of its platform. This update zeroed in on user experience in an attempt to make yield farming even more accessible. Harvest Finance launched in August 2020 as a platform to help people identify the highest yields across decentralized finance. The platform offered a shortcut through the often fragmented world of yield farming. However, the growth made it clear that a UX refresh would improve usability. “As we looked to add Binance Smart Chain as a second network to operate on in March 2021, it was decided before any other major protocol additions co ..read more