Episode Details

Turning $10k to $6M through DeFi w/ yieldfarming
7/10/2024
Crypto Market Wizards

Key Insights

Bullish:

  • 🟢 $ETH - Discussing the potential of EtherFi's business model and the future of Ethereum.
    • I think EtherFi also takes a 10% cut, and that's a real business model... I am led to think so, but maybe better things will exist in the future and in that sense, I think like all ones many will die, but at least I think 1 in each representing sector will survive and keep a modest valuation where we're probably not making fun of them in 3 years.” - Andy (0:00)
    • I'm just like, you know, yield farming. III was also farming and dumping. Yeah, I guess, like, 1 thing you learn as a prolific yield farmer is that selling is good. Right? Like, you know, you get these tokens. They're probably not that worth much. They launch at high valuations. Just dump it, dump it, dump it.” - Taiki (0:00)