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The ultimate guide to yield farming on Fantom!



The ultimate guide to yield farming on Fantom!

In this video I bridge USDC from Binance Smart Chain to Fantom using Evo Defi bridge. I then purchase FTM off of Sushiswap and bridge it from Ethereum to Fantom Opera using multichain.xyz.

I show you how to add a token to metamask and navigate the various block explorers to watch your transactions.

I also provide liquidity and explain yield farming at Spirit Swap (ZAP) and Spooky Swap (and explain why Iā€™m so freaking bullish on them both).

We discuss impermanent loss and the risks of providing liquidity as well as strategies for farming and why tokens devalue prior to introducing utility. All of the links that I use in the video are provided below for reference.

Links from the video:

Evo Defi Bridge: https://bridge.evodefi.com/?token=USDC
Multichain bridge (FTM): https://multichain.xyz
Multichain FTM Account: https://ftmscan.com/address/0xE3e0C14bbCBF86b3Ff60E8666C070d34b84F3f73
Impermanent Loss Calculator: https://safe.defiyield.app/advanced-impermanent-loss-calculator
Spirit Swap: https://spiritswap.finance
Spookyswap: https://spookyswap.finance
BSC Scan: https://bscscan.com
Fantom Scan: https://ftmscan.com
Ether Scan: https://etherscan.io
How to setup Metamask for Fantom: https://www.youtube.com/watch?v=HvGoZ7v6-20

FTM Alerts Information:
Twitter: https://twitter.com/FTMAlerts
Discord: https://discord.gg/ftmalerts
Web: https://ftmalerts.com

To get involved or to connect with more of the FTM Community be sure to join the FTM Alerts Discord.

Disclaimer:

FTM Alerts is a platform that aims to provide social support for projects building on Fantom’s Opera network. To this end we provide projects a platform where they can come and interact with the community through AMAs. AMAs (Ask Me Anything) is a private forum whereby the project can answer questions provided by the community members either in a discord text AMA or through a live interview on YouTube.

AMAs are always free of charge and a service that we provide in support of discovering more about projects and helping our community with more transparency. We never accept payment from any project in any form for promotion or marketing purposes and work to remain a neutral party at all times.

An AMA on FTM Alerts discord or YouTube is in no way an endorsement of the project. In fact we do not officially endorse any projects. It is up to each individual to gather information, do their own research and make decisions based upon that information. We offer AMAs to any project that wishes to have one time permitting.

Nothing you read on FTM Alerts discord or YouTube or within an AMA should be considered financial advice. Please use all of the information available to you and do your own research. There are many risks inherent with Crypto currency investing which includes up to complete loss of funds. So please never invest with money you cannot afford to lose.

All of that being said we will work as hard as we can to do as many AMAs as possible to give the community a better understanding of each product to further help you towards your end goal which should be wise investments and decision making.

All FTM Alerts admin and moderators are volunteers. None of us are paid to do what we do. It is a labor of love for this community. So please take responsibility for your own decisions while we work to get you the best information we can for you to make those decisions.

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