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 I’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
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
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