#defi
how do i start yield farming in defi as a beginner without losing my money? I’ve saved up quite a significant amount of money from my house servicing work and i want to build something on the side with the one i’ve set aside for this purpose. I want to use defi for this since i’ve always liked the idea and don’t really like the tradfi system anyways. I researched a bit and found that yield farming was the way to go here in defi, so i wanted to ask for ideas from real people already doing it. Any info you share is appreciated. also share any good free resources a beginner can learn from.
Guidance on my defi strategy I'll try and keep this short. so a part of my defi/crypto strategy is putting ETH and BTC on aave, borrow against it, put that usdc into Eth or btc / usdc LPs. nothing revolutionary it's been talked about in basically every post on here. My question is about actually managing those positions. My BTC/USDC pool is about to fall out of position and I'm just curious what you all do. Do you just rebalance and take the IL? or depending on which way the pool falls do you pay off the loan with the usdc or just stack the eth/btc back into aave? Also when I come to re invest the earnings from LPs do you reinvest back into the position or would you recommend using the earnings to grow my Eth/BTC holdings? just trying to find the most effective method.
How do you swap ETH to SOL? I'm looking to swap ethereum to solana (eth to sol), what is easiest/cheapest way to do that? Phantom takes 4% fees from the preview
What ai agents are you guys using for defi right now? lately i’ve been looking into ai agents a lot more and one thing that surprised me is they can execute onchain, not just analyze. like trading, providing liquidity, even interacting with like prediction markets on their own which is so cool to me. But at the same time there’s a lot of noise on X with people claiming crazy results so it’s hard to tell what’s real out there. If anyone here is using one in practice which is it and what is it doing for you?