I discuss Beefy Finance, Mummy Finance, WigoSwap and touch on Geist
If you need help with figuring out which network and what wallet to use, go check out my previous video to this one.
Beefy – Mulit chain yield discovery
One pane of glass for liquidity pool research
Choose your blockchain
Research pools
Easy way to zap in your liquidity with minimum of one asset
Mummy Finance - Decentralized crypto exchange
Lots of ways to earn here similar to the GMX platform
First Purchase MMY
Second, stake MMY to earn FTM / WETH, esMMY, and Multiplier Points when staked
As you are earning esMMY you can stake that to earn additional rewards
MLP earns FTM / WETH, esMMY
Vesting earns multiplier points. Refer Multiplier Points on page, sounds like it all depends on how much staked multiplier points you have
The Vault offers an additional way to earn by depositing different assets that you earn
WigoSwap - Investing your liquidity
Research the farms
Choose a farm with decent amount of liquidity
Once you earn you can stake those in WigoBank to earn more
Geist Finance - Lending and Borrowing
For those that would rather take a loan out on their crypto instead of swap or converting them into other assets.
Chapters
0:00 Intro
0:16 Defi on Fantom part 2
0:39 Beefy Finance
2:43 Mummy Finance
6:38 WigoSwap
8:38 Geist Finance
*There are risks to staking and DeFi including vulnerabilities in people and in their code as well as impermanent loss. Nothing is bullet proof, there are no guarantees, you are investing at your own risk and are responsible for your investment. None of the information in this video is financial advice. All of it is for educational purposes only. Please, also do your own research.
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