Yield Farming on EOS is coming in hot! 👨‍🌾

And it's about time. Ethereum is unusable with this GAS costs, I paid $100 just to move liquidity to from ETH to EOS...

Anyways, here are two EOS Yield Farms I keep an eye on, as always: DYOR

DeFiBOX.io

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EOS / USDT LP - a neat 200%+ APY.

You farm BOX tokens for providing Liquidity, minting USN Stablecoin, and Swapping.

Correct, for using the swap you also get free tokens!

BOX can be staked to the platform for a portion of the fees, and can be claimed every hour I think.

DMD.finance

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They just started, and for now it's only mining the platform tokens by providing single token liquidity.

In the future they will offer Vaults - similar to yearn.finance on ETH but without GAS - that will follow best yield farming strategies for the best possible returns.

You will also be able to stake DMD tokens to claim a portion of the revenue.

Both projects are externally audited, and defibox is backed by NewDEX.

Move?

If you want to move from ETH to EOS - Here's an on-boarding tutorial I wrote the other day

And the absolute best thing - for 30 cents of EOS resources I can use those two farms every day for 30 days. For this price you won't even get ONE simple Ethereum transaction.

Happy Farming!


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