Yield Farming Lab

𝐒𝐩𝐫𝐚𝐲 𝐏𝐚𝐢𝐧𝐭 & 𝐒𝐚𝐭𝐨𝐬𝐡𝐢: 𝐒𝐭𝐫𝐞𝐞𝐭 𝐀𝐫𝐭𝐢𝐬𝐭𝐬 𝐒𝐩𝐫𝐞𝐚𝐝 𝐁𝐢𝐭𝐜𝐨𝐢𝐧 𝐁𝐮𝐳𝐳 𝐢𝐧 𝐄𝐮𝐫𝐨𝐩𝐞𝐚𝐧 𝐂𝐢𝐭𝐢𝐞𝐬 👨🏻‍🎨

Find more: https://twitter.com/streetcyber_

𝐋𝐞𝐯𝐞𝐥 𝐔𝐩 𝐘𝐨𝐮𝐫 𝐖𝐚𝐥𝐥𝐞𝐭 🔝 𝐄𝐱𝐩𝐥𝐨𝐫𝐢𝐧𝐠 𝐓𝐡𝐞 𝐍𝐞𝐰 𝐌𝐞𝐭𝐚𝐦𝐚𝐬𝐤 𝐒𝐧𝐚𝐩𝐬 𝐅𝐞𝐚𝐭𝐮𝐫𝐞 🦊

Hello, crypto farmers 👨‍🌾 Today we introduce you to the new feature that significantly expands the capabilities of MetaMask - Snaps.

🔐 What Are MetaMask Snaps?

MetaMask Snaps act like an AppStore for DApps, serving as JavaScript-based extensions to boost the native features of your MetaMask wallet. They empower you to do much more than just basic wallet operations. The possibilities are endless, whether it's gaining insights into your transactions, interacting seamlessly with protocols, or even adding support for blockchains like Bitcoin or Solana 📲

🛠 Why Should Developers Care?

For developers, the level of customizability that MetaMask offer is simply invaluable. With Snaps, you can:

• Add customized UI elements in MetaMask to make user interactions smoother.
• Schedule periodic actions, think of them as cron jobs for MetaMask.
• Extend support for non-EVM-based chains, a huge plus for projects looking to bridge multiple ecosystems.
• Explore more in official docs 📄 https://docs.metamask.io/snaps/

⚙️ How Do Snaps Work?

Running in a secure sandbox, Snaps interact with MetaMask through a JSON-RPC API. Of course, user consent is crucial; you'll need to grant specific permissions to each Snap, maintaining complete control over what they can or can't do 🔒

🚀 The Future of MetaMask Snaps

MetaMask is evolving towards a fully permissionless Snap ecosystem. For developers, this spells even more room for creativity 👨‍🎨 For users, expect a richer, more customizable experience 🌈

Stay informed and happy farming! 🚜💨💰

Introducing: MetaMask Snaps Open Beta We are excited to launch MetaMask Snaps Open Beta: our first step towards building a permissionless ecosystem. For more information, visit metamask.io/snaps

🔓 𝐔𝐧𝐥𝐨𝐜𝐤𝐢𝐧𝐠 𝐭𝐡𝐞 𝐒𝐞𝐜𝐫𝐞𝐭𝐬 𝐨𝐟 𝐂𝐨𝐢𝐧𝐉𝐨𝐢𝐧𝐬 𝐢𝐧 𝐁𝐢𝐭𝐜𝐨𝐢𝐧 🔀

Hello, crypto farmers 👨‍🌾 Are you interested in enhancing your privacy? Today we explore CoinJoins, the technique that mixes transactions from multiple parties to obscure the origin of each coin, adding an extra layer of anonymity.

Let's be real — this technique is probably more popular among shady characters 😈 than enthusiasts. Nonetheless, understanding how CoinJoins work might help you decipher scammer behavior in case your funds get stolen. This post is for research purposes only, so let's all stay on the bright side 😇

WabiSabi Coinjoin Explained in 3 Minutes So you’ve heard about Coinjoins, but still have no idea how they work?Watch our short explainer video for WabiSabi coinjoins.Download Wasabi Wallet 2.0https:...

𝐄𝐱𝐩𝐥𝐨𝐫𝐢𝐧𝐠 𝐘𝐢𝐞𝐥𝐝 𝐅𝐚𝐫𝐦𝐢𝐧𝐠 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬 𝐨𝐧 𝐇𝐞𝐝𝐞𝐫𝐚 𝐍𝐞𝐭𝐰𝐨𝐫𝐤 🚜🌾

Hello, crypto farmers 👨‍🌾 Today we are taking a ride into the uncharted territory of yield farming - the Hedera network! 🚀

🔍 What's Hedera?

Hashgraph is a decentralized, open-source, proof-of-stake public ledger with unique features. The most interesting for yield farmers include fast finality, low, predictable fees, and fair transaction ordering protecting from MEV attacks. Learn more from the official site https://hedera.com/

🛸 Exploring Farming on SaucerSwap.Finance

For our research purposes, we chose the most popular DEX on Hedera https://www.saucerswap.finance/

🚨 𝙏𝙝𝙞𝙨 𝙞𝙨 𝙉𝙤𝙩 𝙁𝙞𝙣𝙖𝙣𝙘𝙞𝙖𝙡 𝘼𝙙𝙫𝙞𝙘𝙚 𝙤𝙧 𝘼𝙙𝙨, 𝘿𝙔𝙊𝙍 𝙖𝙣𝙙 𝙙𝙤𝙣'𝙩 𝙗𝙚𝙩 𝙩𝙝𝙚 𝙡𝙖𝙨𝙩 𝙥𝙖𝙣𝙩𝙨 👖

After exploring farm options we came across the USDC (HTS) - USDC pool. At the moment of writing, it offers ~15 % APY which is quite good for a stablecoin pair. If you are curious about HTS's meaning, it stands for Hedera Token Service, some "local magic ✨" that enables the creation and management of network-native tokens.

👨‍🌾 Farming Steps 🐾

0️⃣ You need to suit up with Hedera specific wallet to enter the game 👛 Try Hashpack as the most popular option.

1️⃣ You'll need to get some HBAR tokens. It's like ETH for Ethereum. You can buy those on Binance for example. Alternatively, you may bridge your from other networks using bridges like https://hashport.network/ (DYOR❗)

2️⃣ Swap your HBAR for some pool tokens, USDC in our case. The swap works in a similar way with any other , we believe you can figure it out at the drop of a hat 🎩

3️⃣ Now that you have all the tokens go to the farm page, find the desired pair, set up the amount, and click the deposit button. That's it! Now just wait for your to grow ⏳

4️⃣ When it's time to harvest your crops just follow the above steps in reverse order 🔁 💰

Now you are all set for farming on Hedera Hashgraph. Don't forget to DYOR and happy farming! 🚜💨💰

SaucerSwap: The Pioneering DEX on Hedera SaucerSwap. An innovative suite of DeFi services. Trade, earn, and stake diversified funds across ecosystems, leveraging the speed and aBFT-grade security of Hedera.