Turning $25k to $6M through DeFi w/ yieldfarming

Episode 20 of Crypto Market Wizards, an interview series focused on crypto traders in the trenches of the liquid markets. Today we have yieldfarming, an amazing onchain farmer that grew his account from 10k to $6M. He discusses his crypto journey and takes on the current yield/airdrop farming meta. He shares lessons on why selling/dumping is good, and why most tokens are worthless scams. I hope you enjoy the conversation and learned a lot from hearing how he thinks about the farming market.

The audio quality is low this episode but I still hope you got value from this; had a lot of audio file issues I couldn't overcome. This was recorded on July 3rd.

Crypto Market Wizards is an ad-free and sponsor-free podcast.

Guest's Twitter: https://x.com/delucinator

Premium Discord: https://whop.com/humble-farmer-army
Free Newsletter: https://hfaresearch.substack.com/
Taiki's Twitter: https://twitter.com/TaikiMaeda2

Humble Farmer Army Twitter: https://twitter.com/HFAresearch
Free Telegram: https://t.me/+3LgpNxIgJ4IzY2Fh
HFA Research Dashboard: https://hfaresearch.io/

PODCASTS:
Crypto Market Wizards: https://www.youtube.com/playlist?list=PL6bwqqJO_txgGQySGK5-HSuTPp0LjeGqA
Steady Lads: https://www.youtube.com/@0xSteadyLads

Taiki is the founder of Humble Farmer Army, a community-driven research company founded in 2021 with a mission to create high-quality, digestible content that helps separate signal from noise for DeFi enthusiasts.

Timestamps:
0:00 Who is yieldfarming?
3:21 2021 Bull Market Stories
11:16 7 figure with Pendle
15:31 Thoughts on the current farming meta
27:32 What to Farm Now?
32:04 Advice for Making It
43:47 Smart Contract Risks
46:54 Crypto as a Means to an End
51:03 State of the Markets
58:17 Learning When/How to Sell
1:01:06 Hyperliquid
1:03:11 Market Edge
1:07:22 Advice to Younger Self
1:09:08 Final Banter

MY VALUES:

QUALITY OVER QUANTITY
A lot of content creators are incentivized to pump out content for ad revenue. Taiki has never run YouTube ads on his channel because he believes in creating quality content, not monetizing your eyeballs via ads.

On top of not running any YouTube ads, Taiki has never participated in a paid promotion, a channel sponsorship, or even a DEX/CEX ref-link.

PREMIUM RESEARCH & COMMUNITY
Humble Farmer Army offers a Premium subscription. This is not meant to be a "copy trading" service or a “pump and dump” signal group. Taiki publishes two premium videos and an AMA livestream every week. Think of Taiki as your personal research analyst that keeps you on top of the markets so you can focus on what you do best. You also gain access to a private discord with the largest premium DeFi community. There, Taiki also gives frequent updates as well as real-time analysis on current events in crypto. Receive SMS online on sms24.me

Watch on YouTube

Subscribe on YouTubeReaderBot

TubeReader video aggregator is a website that collects and organizes online videos from the YouTube source. Video aggregation is done for different purposes, and TubeReader take different approaches to achieve their purpose.

Our try to collect videos of high quality or interest for visitors to view; the collection may be made by editors or may be based on community votes.

Another method is to base the collection on those videos most viewed, either at the aggregator site or at various popular video hosting sites.

TubeReader site exists to allow users to collect their own sets of videos, for personal use as well as for browsing and viewing by others; TubeReader can develop online communities around video sharing.

Our site allow users to create a personalized video playlist, for personal use as well as for browsing and viewing by others.

@YouTubeReaderBot allows you to subscribe to Youtube channels.

By using @YouTubeReaderBot Bot you agree with YouTube Terms of Service.

Use the @YouTubeReaderBot telegram bot to be the first to be notified when new videos are released on your favorite channels.

Look for new videos or channels and share them with your friends.

You can start using our bot from this video, subscribe now to Turning $25k to $6M through DeFi w/ yieldfarming

What is YouTube?

YouTube is a free video sharing website that makes it easy to watch online videos. You can even create and upload your own videos to share with others. Originally created in 2005, YouTube is now one of the most popular sites on the Web, with visitors watching around 6 billion hours of video every month.