I’ve been pretty adamant about avoiding the yield farming trend going around in crypto because it’s pretty scammy and second of all the gas fees make it near impossible to mess around with these things without putting in som e serious Capital
Pearl Finance
Then I came across the chain everyone loves to hate and the biggest copy cat around, TRON has launched yield farming in the form of Pearl.finance it’s basically a Sushi.Swap clone but since TRON is only like $0.03 their gas fees is like basically zero
So I dumped in $50 and so far I’ve farmed around $1! In less than a day, so not bad, even though the price of the farmed token is plummeting with the rest of the market
If all stays the same I could pull out my principle in about 2 weeks so hopefully this smart contract doesn’t implode just then
Enter at own risk
I don’t recommend doing yield farming but if you want to try it out without the gas fees creaming you then TRONs pearl finance is a great way to go! If I can score a few bucks from Justin I can’t see that as a bad thing
It will help you get into the way these things work at a low cost of you are interested in getting involved!
I do think this is all pretty lame and just a cash grab but I couldn’t say that without messing about with it first hand! It will probably implode on itself like we saw with YAM 🍠 but hey that’s crypto
Has anyone started yield farming? Which platforms are you using?
Have your say
What do you good people of HIVE think?
So have at it my Jessies! If you don't have something to comment, comment "I am a Jessie."
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