Every day a new Yearn fork is popping up: how to keep track with them? There is no simple answer to this dilemma, however, I believe I can provide you with some clues to help you spot YFI fork with high potential. To do so, I’ll cover three (+1) YFI forks and try to pinpoint the changes to the secret sauce that made them stick.
Food-based social moneygames are all the rage in decentralised finance. Today, I wanted to write a quick piece to provide some context on them, as well as some tips for those who want to. I’ll not pass moral judgement on such projects, I leave it up to you.
Glad to see you again!
Now that you’ve got your hands onto some ETH - it’s time to put them to work! To do so, we’ll use the ETH to mint some money of your own!
Leveraging ETH is nothing new and there are many ways you could achieve this, however, to keep things manageable & most insightful, allow me to dictate the service used: we’ll go with MakerDAO.
Welcome DYED Trainees, I’m thrilled to have you on board!
So first, if you haven’t yet, do join the dedicated Discord channel for the program. You’ll be able to ask your questions and discuss the adventures with other trainees. Bonus: once you are in here, you’ll be granted the DYED Trainee title, making it super easy for me to ping you when a new mission goes live.
Stablecoins are the base currency of DeFi - we could even argue they were key to get the scene started - indeed, volatility makes most of the lending/borrowing scenario complex if not impossible.
Luckily for us, the “stablecoin offer” expanded dramatically over the last few years.
A few weeks ago, Yearn v2 release and the launch of the YFI token (pronounced “Waifu”) shook decentralised finance. Indeed, the whole recipe was there: Yearn is like a robo advisor, it helps you save and grow a capital - obviously one of the most thought after use cases.
I’m thrilled to be doing this openly for the first time. I helped many friends, colleagues and family members to realize the potential of decentralised finance. When my colleague Vincent asked me to help him figure this out, I knew it was time to share it with the world too!