Robo advisors are popular in traditional finance because they allow busy people to deposit their money, sit back, relax, and watch as an intelligent algorithm does all the hard work to invest their money on their behalf. Cryptocurrency yield aggregators such as Harvest Finance and Yearn Finance function similarly and leverage smart contracts and blockchain technology to lower users' fees, reallocate their crypto to the highest-yielding protocols, and automatically compound their earnings. Join me in today's video as we discuss how yield farms work, what problems they solve, and some of the risks to keep in mind. #defi #crypto #yieldfarming
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