{"id":207848,"date":"2021-12-13T18:00:20","date_gmt":"2021-12-13T18:00:20","guid":{"rendered":"https:\/\/cryptoslate.com\/?p=207848"},"modified":"2021-12-13T14:39:01","modified_gmt":"2021-12-13T14:39:01","slug":"how-to-make-money-with-crypto-by-yield-farming","status":"publish","type":"post","link":"https:\/\/cryptoslate.com\/how-to-make-money-with-crypto-by-yield-farming\/","title":{"rendered":"How to make money with crypto by yield farming"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">The DeFi world is rapidly expanding, and as the global financial system continues its transformation towards digitalization, DeFi has very large growth potential, attracting the attention of over 3 million investors worldwide. Hence, it is essential to understand the assets, markets, investment approaches, etc.<\/span><\/p>\n<figure id=\"attachment_207850\" aria-describedby=\"caption-attachment-207850\" style=\"width: 634px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-207850\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2021\/12\/footprint-defi-yield-farming-1-1024x451.png\" alt=\"Footprint Analytics -TVL by protocols\u00a0\" width=\"634\" height=\"279\" srcset=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2021\/12\/footprint-defi-yield-farming-1-1024x451.png 1024w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2021\/12\/footprint-defi-yield-farming-1-300x132.png 300w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2021\/12\/footprint-defi-yield-farming-1-768x338.png 768w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2021\/12\/footprint-defi-yield-farming-1-1536x677.png 1536w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2021\/12\/footprint-defi-yield-farming-1.png 1873w\" sizes=\"(max-width: 634px) 100vw, 634px\" \/><figcaption id=\"caption-attachment-207850\" class=\"wp-caption-text\">Footprint Analytics -TVL by protocols<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">We have covered the basics of DeFi in the previous article. In this one we will dive into:<\/span><\/p>\n<ol>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">3 Major DeFi investment categories<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">How investors earn passive income by participating in DeFi investment<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Current risks of DeFi projects\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">7 perspectives to evaluate a DeFi project\u00a0<\/span><\/li>\n<\/ol>\n<h2><strong>2 ways of investing in cryptocurrencies<\/strong><\/h2>\n<p><span style=\"font-weight: 400;\">Referring to investment types in cryptocurrencies, they can be divided into fiat and token-based.<\/span><\/p>\n<p><b>Fiat-based Investment<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Cryptocurrencies (also called tokens) are regarded as stocks, then CEX or DEX is a stock exchange.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Alex, an investor, can buy and sell cryptocurrencies on CEX or DEX, selling high and buying low to earn the difference and gain revenue, referred to as &#8220;speculation&#8221;.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">In this case, all Alex cares about is the price changes of cryptocurrencies, using ROI (Return on Investment) to the evaluation indicator.<\/span><\/li>\n<\/ul>\n<figure id=\"attachment_207851\" aria-describedby=\"caption-attachment-207851\" style=\"width: 608px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-207851\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2021\/12\/footprint-defi-yield-farming-2-1024x575.png\" alt=\"Source: zoni@Footprint.network\" width=\"608\" height=\"341\" srcset=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2021\/12\/footprint-defi-yield-farming-2-1024x575.png 1024w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2021\/12\/footprint-defi-yield-farming-2-300x168.png 300w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2021\/12\/footprint-defi-yield-farming-2-768x431.png 768w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2021\/12\/footprint-defi-yield-farming-2.png 1294w\" sizes=\"(max-width: 608px) 100vw, 608px\" \/><figcaption id=\"caption-attachment-207851\" class=\"wp-caption-text\">Source: zoni@Footprint.network<\/figcaption><\/figure>\n<p><b>Token-based (or Yield Farming)<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">When investors are bullish on certain cryptocurrencies over the long term, the easiest investment strategy is to &#8220;Hold\u201d them; while a smarter strategy is to make better use of them by creating greater passive income.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">For example, investor Alex can deposit cryptocurrencies to the lending platform <a href=\"http:\/\/cryptoslate.com\/coins\/compound\">Compound<\/a> or yield aggregator Idle for interest income.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">In this case, all investor Alex cares about is the growth in the number of cryptocurrencies and the APY earned through Yield Farming.<\/span><\/li>\n<\/ul>\n<figure id=\"attachment_207852\" aria-describedby=\"caption-attachment-207852\" style=\"width: 597px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-207852\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2021\/12\/footprint-defi-yield-farming-3-1024x543.png\" alt=\"Source: zoni@Footprint.network\" width=\"597\" height=\"317\" srcset=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2021\/12\/footprint-defi-yield-farming-3-1024x543.png 1024w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2021\/12\/footprint-defi-yield-farming-3-300x159.png 300w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2021\/12\/footprint-defi-yield-farming-3-768x407.png 768w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2021\/12\/footprint-defi-yield-farming-3.png 1292w\" sizes=\"(max-width: 597px) 100vw, 597px\" \/><figcaption id=\"caption-attachment-207852\" class=\"wp-caption-text\">Source: zoni@Footprint.network<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">We will further our discussion in <a href=\"https:\/\/cryptoslate.com\/cryptos\/yield-farming\/\">Yield Farming<\/a> by introducing the 3 Major DeFi investment categories, which are: AMM DEX, Lending, and Yield Aggregator.<\/span><\/p>\n<h2><b>DEX: Uniswap as an example<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Uniswap is built on Ethereum as the decentralized exchange and supports all cryptocurrencies on this network. Unlike traditional orderbook exchanges, it uses an AMM (Automated Market Maker) algorithm to allow users to exchange various ERC-20 tokens with higher efficiency.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In Uniswap's AMM model, a liquidity provider (abbreviated as LP) is required to create a pool of liquidity for traders to swap the required tokens.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">There are 2 scenarios included.<\/span><\/p>\n<h3><b>For traders, they swap.<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Suppose 1 ETH is equal to 2220 DAI, and trader Alex wants to swap his DAI for ETH. He needs to pay 2220 DAI plus a trading fee (for easy understanding, all scenarios in this article ignore gas fee) to get 1 ETH.<\/span><\/p>\n<figure id=\"attachment_207853\" aria-describedby=\"caption-attachment-207853\" style=\"width: 630px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-207853\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2021\/12\/footprint-defi-yield-farming-4-1024x399.png\" alt=\"Source: zoni@Footprint.network\" width=\"630\" height=\"246\" srcset=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2021\/12\/footprint-defi-yield-farming-4-1024x399.png 1024w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2021\/12\/footprint-defi-yield-farming-4-300x117.png 300w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2021\/12\/footprint-defi-yield-farming-4-768x299.png 768w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2021\/12\/footprint-defi-yield-farming-4.png 1050w\" sizes=\"(max-width: 630px) 100vw, 630px\" \/><figcaption id=\"caption-attachment-207853\" class=\"wp-caption-text\">Source: zoni@Footprint.network<\/figcaption><\/figure>\n<h3><b>For LPs, they provide liquidity.<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Endy as LP needs to provide a pair of two tokens (e.g. DAI+ETH) to the liquidity pool with equal value. In return, he will receive a partition of the trading fees from the trading activities. Also, he will receive an LP token, which is the credential for providing liquidity and represents his share of the overall liquidity pool.<\/span><\/p>\n<figure id=\"attachment_207854\" aria-describedby=\"caption-attachment-207854\" style=\"width: 574px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-207854\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2021\/12\/footprint-defi-yield-farming-5-1024x496.png\" alt=\"Source: zoni@Footprint.network\" width=\"574\" height=\"278\" srcset=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2021\/12\/footprint-defi-yield-farming-5-1024x496.png 1024w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2021\/12\/footprint-defi-yield-farming-5-300x145.png 300w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2021\/12\/footprint-defi-yield-farming-5-768x372.png 768w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2021\/12\/footprint-defi-yield-farming-5.png 1178w\" sizes=\"(max-width: 574px) 100vw, 574px\" \/><figcaption id=\"caption-attachment-207854\" class=\"wp-caption-text\">Source: zoni@Footprint.network<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">How does it realize the automatic pricing? This brings us to the &#8220;constant product market maker&#8221; model behind Uniswap\u2019s AMM mechanism. The formula for this model is: x*y=k, where x and y represent the liquidity of each, k is a constant.<\/span><\/p>\n<figure id=\"attachment_207855\" aria-describedby=\"caption-attachment-207855\" style=\"width: 619px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-207855\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2021\/12\/footprint-defi-yield-farming-6-1024x447.png\" alt=\"Source: zoni@Footprint.network\" width=\"619\" height=\"270\" srcset=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2021\/12\/footprint-defi-yield-farming-6-1024x447.png 1024w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2021\/12\/footprint-defi-yield-farming-6-300x131.png 300w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2021\/12\/footprint-defi-yield-farming-6-768x335.png 768w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2021\/12\/footprint-defi-yield-farming-6.png 1224w\" sizes=\"(max-width: 619px) 100vw, 619px\" \/><figcaption id=\"caption-attachment-207855\" class=\"wp-caption-text\">Source: zoni@Footprint.network<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">It is worth noting that the model does not vary linearly. In fact, the larger the relative amount of the order, the larger the magnitude of the imbalance between x and y. That is, the price of a large order increases exponentially compared to a small order, leading to an increasing sliding spread.<\/span><\/p>\n<figure id=\"attachment_207856\" aria-describedby=\"caption-attachment-207856\" style=\"width: 484px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-207856\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2021\/12\/footprint-defi-yield-farming-7.png\" alt=\"Figure: Uniswap price change curve\" width=\"484\" height=\"291\" srcset=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2021\/12\/footprint-defi-yield-farming-7.png 526w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2021\/12\/footprint-defi-yield-farming-7-300x180.png 300w\" sizes=\"(max-width: 484px) 100vw, 484px\" \/><figcaption id=\"caption-attachment-207856\" class=\"wp-caption-text\">Figure: Uniswap price change curve<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">In the process of providing liquidity,\u00a0 LPs need to be aware of impermanent losses.<\/span><\/p>\n<h2><strong>What is impermanent loss (IL)? Here is an example:<\/strong><\/h2>\n<p><span style=\"font-weight: 400;\">Assuming Endy holds 2000 DAI and 1 ETH (1 ETH= 2000 DAI), he has 2 options.<\/span><\/p>\n<p><strong>Option 1: as liquidity provider (LP)<\/strong><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Provide 2000DAI + 1 ETH to form a token pair to the liquidity pool<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">When the price changes: ETH = 4000DAI (outside DEX), arbitrageurs will buy ETH at Uniswap (cheaper), and sell to other DEX with a higher price<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">This will result in a decrease in the number of ETH in the pool and an increase in the price of ETH until it equals to 4000DAI. (arbitrage opportunity disappears)<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">At this point, Endy's LP Token is worth 2828 DAI + 0.71 ETH, which is equivalent to holding 5657 DAI.<\/span><\/li>\n<\/ul>\n<p><strong>Option 2: just hold them<\/strong><b><\/b><\/p>\n<ul>\n<li aria-level=\"1\"><span style=\"font-weight: 400;\">When the ETH price changes to 4000DAI, Endy's assets are equivalent to holding 6000DAI.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Under the same conditions, &#8220;Option 1 provides liquidity&#8221; is 343 DAI less than &#8220;Option 2 just holds\u201d, or a 5.72% drawdown. This loss is called Impermanent Loss. When ETH recovers 2000 DAI, this impermanent loss will disappear.<\/span><\/p>\n<h2><b>Lending: Compound as an example\u00a0<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">In DeFi's lending platform, an investor provides a crypto asset in the pool to earn interest; if this deposit is collateralized, the investor is able to borrow another crypto asset. Currently, DeFi's lending platform typically uses &#8220;over-collateralization&#8221;, where the borrower provides assets worth more than the actual loan in case of default.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Example:<\/span><\/p>\n<ol>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Alex, the investor, with DAI that he doesn't want to sell, so he puts it into the pool as a lender to lend it to people in need, thus earning interest<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Bob knows a good investment opportunity in DAI, but he doesn't want to sell the ETH he has, so he uses ETH as collateral to borrow DAI and pays interest.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">In this process, both Alex and Bob are rewarded with COMP platform tokens, which is what we call Liquidity Mining.<\/span><\/li>\n<\/ol>\n<figure id=\"attachment_207857\" aria-describedby=\"caption-attachment-207857\" style=\"width: 679px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-207857\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2021\/12\/footprint-defi-yield-farming-8-1024x475.png\" alt=\"Source: zoni@Footprint.network\" width=\"679\" height=\"315\" srcset=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2021\/12\/footprint-defi-yield-farming-8-1024x475.png 1024w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2021\/12\/footprint-defi-yield-farming-8-300x139.png 300w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2021\/12\/footprint-defi-yield-farming-8-768x356.png 768w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2021\/12\/footprint-defi-yield-farming-8.png 1284w\" sizes=\"(max-width: 679px) 100vw, 679px\" \/><figcaption id=\"caption-attachment-207857\" class=\"wp-caption-text\">Source: zoni@Footprint.network<\/figcaption><\/figure>\n<h2><b>Yield Aggregator: Idle & yEarn<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Nowadays, DeFi projects are popping up all over the place. Investors might face the following problems:\u00a0<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Too many platforms with different interest rates: how to choose the best?<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">\u00a0Interest rates are always changing, so are the prices:<\/span>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Borrowers might be accidentally liquidated, what to do?<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Lenders might need to keep changing the protocols for better interest rates, causing high gas fees\u00a0<\/span><\/li>\n<\/ul>\n<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Investors can't keep an eye on the market 24 hours a day.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">DeFi\u2019s Yield Aggregators can somehow solve the above troubles, where the value of a specific asset provides a complex investment strategy that combines lending, pledging, and trading to maximize profits.\u00a0\u00a0<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\"><strong>Idle<\/strong>: <\/span>It is an ethereum-based protocol that allows users to get the best interest by investing in a single asset. It currently supports the financial services of Maker, Compound, dYdX, Aave, Fulcrum and other protocols. When depositing with Idle, you will receive a complex APY, consisting of the APR from the token you deposited, the platform token IDLE and COMP.<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\"><strong>yEarn<\/strong>: <\/span>It is also a protocol on Ethereum with the main goal of generating the highest return for the tokens deposited. It features programmatic asset management to deploy the best strategy.<\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Take the ETH Vault as an example.\u00a0<\/span><\/p>\n<ol>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The Investor deposits ETH into the ETH Vault, which will deposit ETH into MakerDao as collateral to borrow stablecoin DAI.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The borrowed DAI is deposited into Curve Finance's liquidity pool,\u00a0 receiving LP tokens in return and trading fees in the form of basic APYs.\u00a0 LP token can be staked into the Curve's CRV gauge to earn CRV rewards.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The earned CRV is then converted into ETH, and will be deposited to the ETH Vault again. Such a cycle continues until the investor withdraws.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The investor eventually receives ETH-settled interest and pays a certain amount of management fees.<\/span><\/li>\n<\/ol>\n<figure id=\"attachment_207858\" aria-describedby=\"caption-attachment-207858\" style=\"width: 645px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-207858\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2021\/12\/footprint-defi-yield-farming-9.png\" alt=\"Source: Cinematics\" width=\"645\" height=\"368\" srcset=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2021\/12\/footprint-defi-yield-farming-9.png 779w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2021\/12\/footprint-defi-yield-farming-9-300x171.png 300w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2021\/12\/footprint-defi-yield-farming-9-768x439.png 768w\" sizes=\"(max-width: 645px) 100vw, 645px\" \/><figcaption id=\"caption-attachment-207858\" class=\"wp-caption-text\">Source: Cinematics<\/figcaption><\/figure>\n<h2><b>Risk of DeFi Projects<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">The diversity of investment opportunities and the continuing growth make DeFi an attractive and lucrative investment. However, as with any investment, there are risks associated with a DeFi investment.<\/span><\/p>\n<p><b>Protocol Risks<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Smart contracts: hacked\u00a0 (even with audit\uff09<\/span>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Single smart contract<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Protocols built on multiple smart contracts\u00a0<\/span><\/li>\n<\/ul>\n<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Protocol risks\u00a0\u00a0<\/span>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Scammers: pools with protocol token + stablecoin providing high APY<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Token dumped by Wales causing price zero\u00a0<\/span><\/li>\n<\/ul>\n<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The volatility of Token Price<\/span>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Borrower: Easily get liquidated\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">LP: Impermanent loss<\/span><\/li>\n<\/ul>\n<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Operational Risks<\/span>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Wallet risk: stolen risk of seed phrase\u3001private keys<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">DeFi authorization\uff1a<\/span>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"3\"><span style=\"font-weight: 400;\">Cancel the authorization for a protocol not in use<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"3\"><span style=\"font-weight: 400;\">Don\u2019t put all your eggs in one basket<\/span><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<h2><b>How to evaluate a DeFi project<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Investors must d<\/span><span style=\"font-weight: 400;\">o their own research (<\/span><span style=\"font-weight: 400;\">DYOR) <\/span><span style=\"font-weight: 400;\">before investing, start with the following 6 aspects:\u00a0<\/span><\/p>\n<p><strong>1. Basic questions to ask\uff1a<\/strong><\/p>\n<ul>\n<li><span style=\"font-weight: 400;\">Which type, on what blockchain, audited yet?<\/span><\/li>\n<li><span style=\"font-weight: 400;\">When go-live, ranking of TVL, 24H users<\/span><\/li>\n<li><span style=\"font-weight: 400;\">Whether on CoinGecko or CoinMarketCap?<\/span><\/li>\n<\/ul>\n<p><strong>2. Fundraising history with famous inventors<\/strong><\/p>\n<p><strong>3. Project introduction: Official website + public articles\u00a0 + GitHub<\/strong><\/p>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Business model, competitors, differentiate features<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Any negative news? pay attention to Too Good reports considering the neutrality of the media\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Economic model (token distribution for the team: within 15%-20% is acceptable\uff09<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Code submit frequency of GitHub<\/span><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p><strong>4. Attention to the price trend<\/strong><\/p>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">A surge in a short time? High probability of pumping\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Risks of dumping by whales causing a large drop\u00a0<\/span><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p><strong>5. Attention to extremely high APY<\/strong><\/p>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Way to attract investors by scammers\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Cautiously try but run fast before it collapses\u00a0<\/span><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p><strong>6. Activities of the community<\/strong><\/p>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Questions of users asked: quality of the investors\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Attitude and effectiveness of admin response\u00a0\u00a0<\/span><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">DeFi offers a more convenient place for investors to choose as an alternative to traditional investments.\u00a0 With more and more investors, institutions, capital, and developers coming in, a more open, transparent, and safer financial system is expected.<\/span><\/p>\n<p class=\"p1\"><em><b>This guide was brought to you by Footprint Analytics.<\/b><\/em><\/p>\n<h2><b>What is Footprint<\/b><\/h2>\n<p>Footprint Analytics is an all-in-one analysis platform to visualize blockchain data and discover insights. It cleans and integrates on-chain data so users of any experience level can quickly start researching tokens, projects and protocols. With over a thousand dashboard templates plus a drag-and-drop interface, anyone can build their own customized charts in minutes. Uncover blockchain data and invest smarter with Footprint.<\/p>\n<ul>\n<li><a href=\"https:\/\/www.footprint.network\/\">Footprint Website<\/a><\/li>\n<li><a href=\"https:\/\/discord.gg\/3HYaR6USM7\">Discord<\/a><\/li>\n<li><a href=\"https:\/\/twitter.com\/Footprint_DeFi\">Twitter<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>The DeFi world is rapidly expanding, and as the global financial system continues its transformation towards digitalization, DeFi has very large growth potential, attracting the attention of over 3 million investors worldwide. Hence, it is essential to understand the assets, markets, investment approaches, etc. We have covered the basics of DeFi in the previous article. [&hellip;]<\/p>\n","protected":false},"author":828,"featured_media":207859,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[46940],"tags":[],"prediction_market_topic":[],"post_folder":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.9 (Yoast SEO v21.9.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>How to make money with crypto by yield farming<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptoslate.com\/how-to-make-money-with-crypto-by-yield-farming\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How to make money with crypto by yield farming\" \/>\n<meta property=\"og:description\" content=\"The DeFi world is rapidly expanding, and as the global financial system continues its transformation towards digitalization, DeFi has very large growth potential, attracting the attention of over 3 million investors worldwide. Hence, it is essential to understand the assets, markets, investment approaches, etc. We have covered the basics of DeFi in the previous article. [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptoslate.com\/how-to-make-money-with-crypto-by-yield-farming\/\" \/>\n<meta property=\"og:site_name\" content=\"CryptoSlate\" \/>\n<meta property=\"article:author\" content=\"https:\/\/www.facebook.com\/FootprintAnalytics\" \/>\n<meta property=\"article:published_time\" content=\"2021-12-13T18:00:20+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-12-13T14:39:01+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2021\/12\/footprint-defi-yield-farming-banner.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"670\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Footprint Analytics\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Footprint Analytics\" \/>\n<meta name=\"twitter:site\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Footprint Analytics\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"9 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/cryptoslate.com\/how-to-make-money-with-crypto-by-yield-farming\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/cryptoslate.com\/how-to-make-money-with-crypto-by-yield-farming\/\"},\"author\":{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptoslate.com\/author\/footprint-analytics\/#person\",\"name\":\"Footprint Analytics\",\"url\":\"https:\/\/cryptoslate.com\/author\/footprint-analytics\/\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cryptoslate.com\/author\/footprint-analytics\/\"},\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/cryptoslate.com\/author\/footprint-analytics\/#authorimage\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2021\/10\/footprint-logo-300x300.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2021\/10\/footprint-logo-300x300.jpg\",\"caption\":\"Footprint Analytics\"},\"description\":\"Footprint Analytics provides API and visualization tools to uncover and visualize data across the blockchain, including NFT and GameFi data. It currently col...\",\"worksFor\":{\"@id\":\"https:\/\/cryptoslate.com\/#organization\"},\"sameAs\":[\"https:\/\/www.footprint.network\",\"https:\/\/x.com\/Footprint_Data\",\"https:\/\/www.linkedin.com\/company\/footprintanalytics\"]},\"headline\":\"How to make money with crypto by yield farming\",\"datePublished\":\"2021-12-13T18:00:20+00:00\",\"dateModified\":\"2021-12-13T18:00:20+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cryptoslate.com\/how-to-make-money-with-crypto-by-yield-farming\/\"},\"wordCount\":1664,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/cryptoslate.com\/#organization\"},\"articleSection\":[\"DeFi\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/cryptoslate.com\/how-to-make-money-with-crypto-by-yield-farming\/#respond\"]}],\"copyrightYear\":\"2021\",\"copyrightHolder\":{\"@id\":\"https:\/\/cryptoslate.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/cryptoslate.com\/how-to-make-money-with-crypto-by-yield-farming\/\",\"url\":\"https:\/\/cryptoslate.com\/how-to-make-money-with-crypto-by-yield-farming\/\",\"name\":\"How to make money with crypto by yield farming\",\"isPartOf\":{\"@id\":\"https:\/\/cryptoslate.com\/#website\"},\"datePublished\":\"2021-12-13T18:00:20+00:00\",\"dateModified\":\"2021-12-13T18:00:20+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/cryptoslate.com\/how-to-make-money-with-crypto-by-yield-farming\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/cryptoslate.com\/how-to-make-money-with-crypto-by-yield-farming\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/cryptoslate.com\/how-to-make-money-with-crypto-by-yield-farming\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/cryptoslate.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"How to make money with crypto by yield farming\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/cryptoslate.com\/#website\",\"url\":\"https:\/\/cryptoslate.com\/\",\"name\":\"CryptoSlate\",\"description\":\"Cryptocurrency News and Real-time Coin Data\",\"publisher\":{\"@id\":\"https:\/\/cryptoslate.com\/#organization\"},\"inLanguage\":\"en-US\"},{\"@type\":\"NewsMediaOrganization\",\"@id\":\"https:\/\/cryptoslate.com\/#organization\",\"name\":\"CryptoSlate\",\"url\":\"https:\/\/cryptoslate.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptoslate.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/c-logo.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/c-logo.jpg\",\"width\":1000,\"height\":1000,\"caption\":\"CryptoSlate\"},\"image\":{\"@id\":\"https:\/\/cryptoslate.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/twitter.com\/cryptoslate\",\"https:\/\/www.instagram.com\/cryptoslate\",\"https:\/\/www.linkedin.com\/company\/cryptoslate\",\"https:\/\/www.youtube.com\/c\/cryptoslate\",\"https:\/\/cryptoslate.substack.com\",\"https:\/\/t.me\/cryptoslatenews\",\"https:\/\/www.crunchbase.com\/organization\/cryptoslate\",\"https:\/\/iq.wiki\/wiki\/cryptoslate\",\"https:\/\/news.google.com\/publications\/CAAqKggKIiRDQklTRlFnTWFoRUtEMk55ZVhCMGIzTnNZWFJsTG1OdmJTZ0FQAQ\",\"https:\/\/muckrack.com\/media-outlet\/cryptoslate\",\"https:\/\/www.tiktok.com\/@cryptoslatenews\"],\"publishingPrinciples\":\"https:\/\/cryptoslate.com\/editorial-policy\/#editorial-principles\",\"ownershipFundingInfo\":\"https:\/\/cryptoslate.com\/disclaimers\/how-cryptoslate-makes-and-spends-money\/\",\"correctionsPolicy\":\"https:\/\/cryptoslate.com\/editorial-policy\/#corrections-feedback\",\"ethicsPolicy\":\"https:\/\/cryptoslate.com\/editorial-policy\/#editorial-principles\",\"foundingDate\":\"2017-08-04\",\"founder\":[{\"@type\":\"Person\",\"name\":\"Nate Whitehill\"},{\"@type\":\"Person\",\"name\":\"Matthew Blancarte\"}],\"contactPoint\":[{\"@type\":\"ContactPoint\",\"contactType\":\"customer support\",\"url\":\"https:\/\/cryptoslate.com\/contact\/\",\"availableLanguage\":\"en-US\"},{\"@type\":\"ContactPoint\",\"contactType\":\"sales\",\"url\":\"https:\/\/cryptoslate.com\/advertising\/\",\"availableLanguage\":\"en-US\"},{\"@type\":\"ContactPoint\",\"contactType\":\"newsroom\",\"url\":\"https:\/\/cryptoslate.com\/editorial-policy\/#corrections-feedback\",\"email\":\"tips@cryptoslate.com\",\"availableLanguage\":\"en-US\"}],\"masthead\":\"https:\/\/cryptoslate.com\/about\/#masthead\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptoslate.com\/#\/schema\/person\/e86bed8856d96913bcbe44d8c5d0549b\",\"name\":\"Footprint Analytics\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptoslate.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2021\/10\/footprint-logo-150x150.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2021\/10\/footprint-logo-150x150.jpg\",\"caption\":\"Footprint Analytics\"},\"description\":\"Footprint Analytics provides API and visualization tools to uncover and visualize data across the blockchain, including NFT and GameFi data. It currently collects, parses and cleans data from 20+ chains into structured and semantic tables. It lets users build charts and dashboards without code, using a drag-and-drop interface as well as with SQL.\",\"sameAs\":[\"https:\/\/www.footprint.network\/\",\"https:\/\/www.facebook.com\/FootprintAnalytics\",\"https:\/\/www.linkedin.com\/company\/footprintanalytics\/\",\"https:\/\/twitter.com\/Footprint Analytics\",\"https:\/\/www.youtube.com\/c\/FootprintAnalytics\"],\"url\":\"https:\/\/cryptoslate.com\/author\/footprint-analytics\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"How to make money with crypto by yield farming","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/cryptoslate.com\/how-to-make-money-with-crypto-by-yield-farming\/","og_locale":"en_US","og_type":"article","og_title":"How to make money with crypto by yield farming","og_description":"The DeFi world is rapidly expanding, and as the global financial system continues its transformation towards digitalization, DeFi has very large growth potential, attracting the attention of over 3 million investors worldwide. Hence, it is essential to understand the assets, markets, investment approaches, etc. We have covered the basics of DeFi in the previous article. [&hellip;]","og_url":"https:\/\/cryptoslate.com\/how-to-make-money-with-crypto-by-yield-farming\/","og_site_name":"CryptoSlate","article_author":"https:\/\/www.facebook.com\/FootprintAnalytics","article_published_time":"2021-12-13T18:00:20+00:00","article_modified_time":"2021-12-13T14:39:01+00:00","og_image":[{"width":1280,"height":670,"url":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2021\/12\/footprint-defi-yield-farming-banner.jpg","type":"image\/jpeg"}],"author":"Footprint Analytics","twitter_card":"summary_large_image","twitter_creator":"@Footprint Analytics","twitter_site":"@cryptoslate","twitter_misc":{"Written by":"Footprint Analytics","Est. reading time":"9 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/cryptoslate.com\/how-to-make-money-with-crypto-by-yield-farming\/#article","isPartOf":{"@id":"https:\/\/cryptoslate.com\/how-to-make-money-with-crypto-by-yield-farming\/"},"author":{"@type":"Person","@id":"https:\/\/cryptoslate.com\/author\/footprint-analytics\/#person","name":"Footprint Analytics","url":"https:\/\/cryptoslate.com\/author\/footprint-analytics\/","mainEntityOfPage":{"@id":"https:\/\/cryptoslate.com\/author\/footprint-analytics\/"},"image":{"@type":"ImageObject","@id":"https:\/\/cryptoslate.com\/author\/footprint-analytics\/#authorimage","url":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2021\/10\/footprint-logo-300x300.jpg","contentUrl":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2021\/10\/footprint-logo-300x300.jpg","caption":"Footprint Analytics"},"description":"Footprint Analytics provides API and visualization tools to uncover and visualize data across the blockchain, including NFT and GameFi data. It currently col...","worksFor":{"@id":"https:\/\/cryptoslate.com\/#organization"},"sameAs":["https:\/\/www.footprint.network","https:\/\/x.com\/Footprint_Data","https:\/\/www.linkedin.com\/company\/footprintanalytics"]},"headline":"How to make money with crypto by yield farming","datePublished":"2021-12-13T18:00:20+00:00","dateModified":"2021-12-13T18:00:20+00:00","mainEntityOfPage":{"@id":"https:\/\/cryptoslate.com\/how-to-make-money-with-crypto-by-yield-farming\/"},"wordCount":1664,"commentCount":0,"publisher":{"@id":"https:\/\/cryptoslate.com\/#organization"},"articleSection":["DeFi"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/cryptoslate.com\/how-to-make-money-with-crypto-by-yield-farming\/#respond"]}],"copyrightYear":"2021","copyrightHolder":{"@id":"https:\/\/cryptoslate.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/cryptoslate.com\/how-to-make-money-with-crypto-by-yield-farming\/","url":"https:\/\/cryptoslate.com\/how-to-make-money-with-crypto-by-yield-farming\/","name":"How to make money with crypto by yield farming","isPartOf":{"@id":"https:\/\/cryptoslate.com\/#website"},"datePublished":"2021-12-13T18:00:20+00:00","dateModified":"2021-12-13T18:00:20+00:00","breadcrumb":{"@id":"https:\/\/cryptoslate.com\/how-to-make-money-with-crypto-by-yield-farming\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/cryptoslate.com\/how-to-make-money-with-crypto-by-yield-farming\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/cryptoslate.com\/how-to-make-money-with-crypto-by-yield-farming\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/cryptoslate.com\/"},{"@type":"ListItem","position":2,"name":"How to make money with crypto by yield farming"}]},{"@type":"WebSite","@id":"https:\/\/cryptoslate.com\/#website","url":"https:\/\/cryptoslate.com\/","name":"CryptoSlate","description":"Cryptocurrency News and Real-time Coin Data","publisher":{"@id":"https:\/\/cryptoslate.com\/#organization"},"inLanguage":"en-US"},{"@type":"NewsMediaOrganization","@id":"https:\/\/cryptoslate.com\/#organization","name":"CryptoSlate","url":"https:\/\/cryptoslate.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cryptoslate.com\/#\/schema\/logo\/image\/","url":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/c-logo.jpg","contentUrl":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/c-logo.jpg","width":1000,"height":1000,"caption":"CryptoSlate"},"image":{"@id":"https:\/\/cryptoslate.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/twitter.com\/cryptoslate","https:\/\/www.instagram.com\/cryptoslate","https:\/\/www.linkedin.com\/company\/cryptoslate","https:\/\/www.youtube.com\/c\/cryptoslate","https:\/\/cryptoslate.substack.com","https:\/\/t.me\/cryptoslatenews","https:\/\/www.crunchbase.com\/organization\/cryptoslate","https:\/\/iq.wiki\/wiki\/cryptoslate","https:\/\/news.google.com\/publications\/CAAqKggKIiRDQklTRlFnTWFoRUtEMk55ZVhCMGIzTnNZWFJsTG1OdmJTZ0FQAQ","https:\/\/muckrack.com\/media-outlet\/cryptoslate","https:\/\/www.tiktok.com\/@cryptoslatenews"],"publishingPrinciples":"https:\/\/cryptoslate.com\/editorial-policy\/#editorial-principles","ownershipFundingInfo":"https:\/\/cryptoslate.com\/disclaimers\/how-cryptoslate-makes-and-spends-money\/","correctionsPolicy":"https:\/\/cryptoslate.com\/editorial-policy\/#corrections-feedback","ethicsPolicy":"https:\/\/cryptoslate.com\/editorial-policy\/#editorial-principles","foundingDate":"2017-08-04","founder":[{"@type":"Person","name":"Nate Whitehill"},{"@type":"Person","name":"Matthew Blancarte"}],"contactPoint":[{"@type":"ContactPoint","contactType":"customer support","url":"https:\/\/cryptoslate.com\/contact\/","availableLanguage":"en-US"},{"@type":"ContactPoint","contactType":"sales","url":"https:\/\/cryptoslate.com\/advertising\/","availableLanguage":"en-US"},{"@type":"ContactPoint","contactType":"newsroom","url":"https:\/\/cryptoslate.com\/editorial-policy\/#corrections-feedback","email":"tips@cryptoslate.com","availableLanguage":"en-US"}],"masthead":"https:\/\/cryptoslate.com\/about\/#masthead"},{"@type":"Person","@id":"https:\/\/cryptoslate.com\/#\/schema\/person\/e86bed8856d96913bcbe44d8c5d0549b","name":"Footprint Analytics","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cryptoslate.com\/#\/schema\/person\/image\/","url":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2021\/10\/footprint-logo-150x150.jpg","contentUrl":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2021\/10\/footprint-logo-150x150.jpg","caption":"Footprint Analytics"},"description":"Footprint Analytics provides API and visualization tools to uncover and visualize data across the blockchain, including NFT and GameFi data. It currently collects, parses and cleans data from 20+ chains into structured and semantic tables. It lets users build charts and dashboards without code, using a drag-and-drop interface as well as with SQL.","sameAs":["https:\/\/www.footprint.network\/","https:\/\/www.facebook.com\/FootprintAnalytics","https:\/\/www.linkedin.com\/company\/footprintanalytics\/","https:\/\/twitter.com\/Footprint Analytics","https:\/\/www.youtube.com\/c\/FootprintAnalytics"],"url":"https:\/\/cryptoslate.com\/author\/footprint-analytics\/"}]}},"_links":{"self":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts\/207848"}],"collection":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/users\/828"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/comments?post=207848"}],"version-history":[{"count":6,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts\/207848\/revisions"}],"predecessor-version":[{"id":207875,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts\/207848\/revisions\/207875"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/media\/207859"}],"wp:attachment":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/media?parent=207848"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/categories?post=207848"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/tags?post=207848"},{"taxonomy":"prediction_market_topic","embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/prediction_market_topic?post=207848"},{"taxonomy":"post_folder","embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/post_folder?post=207848"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}