Indlela Yokusebenza Kwe-Yield Farming: Umhlahlandlela Wakho Wokubhekana Nezingozi, Iziphumo, Nezindlela Zokuwina

Umhlaba wezeMali oHlelwe Ngaphandle (DeFi) ushaye umoya emhlabeni wezezimali, uthembisa umqondo omusha lapho ungumkhiqizo wakho. Enhliziyweni yalolu shintsho kukhona umqondo othenjisiwe, ohluphekayo, futhi owenze amajazi amaningi:  Ukulima Imali.

Ungase ube usho leli gama, ngokuvamile lihambisana nezisho ezithokozisayo ezifana no

“amapuli ezezimali,” “i-APY,” kanye “ukulahleka okungapheli.” Kungase kubonakale njengendawo eyimfihlo yeziqhamo ze-crypto kanye nezazi zezimali. Kodwa uma sithi umqondo oyinhloko uyinto abantu bazi kahle iminyaka eminingi? Kukhuluma nje ngokufaka izinsiza zakho emsebenzini ukuze uthole ezinye izinsiza.

Le mhlahlandlela ephelele yakhelwe ukuvulela umqondo wokulima izinzuzo. Sizokuhlukanisa lokhu kube lula, kulula ukuh理解, sihlole amathuba amazing kanye nezingozi ezibuhlungu, futhi sikunikeze amasu okuphatha le ndawo ejabulisayo. Noma ngabe ungumfundi onentshisekelo noma umthandi we-crypto onolwazi ofuna ukuthuthukisa indlela yakho, le ndatshana ikulungele.

Uhlaka Lokuqukethwe

1. Yield Farming iyini? (Ngaphezu kweJargon)
2. Igumbi Lezithuthi: Ukuthi Yield Farming Isebenza Kanjani
   • Amaphuli e-Liquidity (LPs): Izakhi Ezisemqoka
   • Abahlinzeki be-Liquidity (LPs): Abalimi
   • Indima Yabakhi Bezokuhweba Abazenzakalelayo (AMMs)
3. Imbewu Zomvuzo: Where Does the Yield Come From?
   • Imali Zokuhweba
   • Amathokheni Okuphatha
   • Okunye Izinhlelo Zokukhuthaza
4. Izimbungulu Eziphakathi KweRose: Ukuhlola Okujulile Kwezingozi
   • Ukulahleka Okungapheli (Ingozi Eyinhloko)
   • Izingozi Zesivumelwano Esihlakaniphile
   • Ukukhwabanisa Nokukhwabanisa
   • Imali Yokusebenza
   • Ukuphathwa Ukungaguquguquki KweToken
5. Ukukhulisa Isu Lakho: Kusuka KuMbeginner Kuya KuDeFi Degens
   • Isu 1: Ukuhlwanyela AmaStablecoin (Indawo Yokuphepha)
   • Isu 2: Ukuhlwanyela Amakhanda Amaphuzu (Indlela Elinganiselwe)
   • Isu 3: I-Experience Ephelele YeDeGen (Ingozi Ephezulu, Umvuzo Ophakeme)
6. Umhlahlandlela Wokwenziwa Kwakho Kokuqala Farm
7. Ikusasa le-Yield Farming: Yini elandelayo?
8. Isiphetho: Ingabe i-Yield Farming ikulungele?

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1. Yini i-Yield Farming? (Ngaphandle kwezisho ezinzima)

Ngokulula, i-yield farming kuyindlela yokubamba imali yakho ye-cryptocurrency kuhlelo lwezezimali olungaxhunyiwe (DeFi) ukuze uthole imali eningi noma imivuzo ngendlela ye-cryptocurrency eyengeziwe.

Cabanga ngayo njengenguqulo ye-high-tech, engaxhunyiwe yokuthola inzalo ku-akhawunti yokonga. Kodwa esikhundleni sokuthi ibhange likweze imali yakho futhi likunikeze i-0.5% APY encane, unikeza izimpahla zakho zedijithali ngqo kuhlelo lwezezimali. (like a lending service or a decentralized exchange) futhi uthola imali engaphezulu kakhulu, evamise ukuhamba phakathi kuka-5% kuya ku-triple-digit APYs.

Umehluko omkhulu? Ayikho ibhange. Inqubo yonke iyenziwa ngokuzenzakalelayo ngama- “smart contracts” – ikhodi ezizenzakalelayo ku-blockchain. Lokhu kukhipha umphakathi ophakathi kodwa futhi kubeka umthwalo wemfanelo wokuphepha nokuqonda, futhi ubunzima bukhona ezandleni zakho.

2. Igumbi Lezinjini: Indlela Yokuthi Ukufuya Imali Isebenze Ngempela

Ukuze uqonde ukufuywa, udinga ukuqonda imishini eyenza kube nokwenzeka.

Amathuba Okuthola Imali (LPs): Izakhi Ezisemqoka

Ipulazi leli thuba lokuthola imali liyisitsha esikhulu, esabelwe phakathi kwabo bonke. imali zezimali ezibanjwe kwi-smart contract. Lezi zikhala zisebenza ezimakethe ezizimele (DEXs) ezifana ne-Uniswap noma i-PancakeSwap. Zivumela abasebenzisi ukuthi bathengise izimpahla ngaphandle kokusebenzisa incwadi yokuhweba ejwayelekile. Esikhundleni sokuhlanganisa umthengi nomthengisi, ukuhweba kwenziwa ngqo ngokumelene nezimali ezikwi-pool yokuthola.

Isibonelo, uma ufuna ukuhweba i-TRON (TRX) nge-Tether (USDT) ku-DEX, awudingi linda umthengisi. Uxhumana ne TRX/USDT liquidity pool. Ufaka i-TRX yakho bese uthola i-USDT, ngesilinganiso sokushintshisana esinqunywa yifomula yezibalo.

Abahlinzeki Be-Liquidity (LPs): Abalimi

Lapha ungene khona. Abahlinzeki Be-Liquidity (LPs) bangabantu abafaka izimpahla zabo ze-crypto kulezi zindawo. Ngokwenza lokhu, baphinde banikeze uphethiloli ovumela ukuthi yonke i-exchange engaphansi kwengcindezi isebenze. Njengomvuzo ngalokhu kusebenzelana, bathola umvuzo.

Indima Yamakhi Abazenzakalelayo (AMMs)

i-AMM iyisikhombimsebenzisi esenza konke kusebenze. Isetha futhi ilungisa ngokuzenzakalelayo intengo yezimpahla ku-pulazini esekelwe kumthetho wezibalo (ngokuvamile i-Constant Product Formula: x * y = k). Lokhu kuqinisekisa ukuthi njalo kukhona imakethe nokutholakala kwemali kubathengisi, futhi kukala izimali ezabelwa kuma-LPs.

3. Izimpande Zezikhwama: Kuphi Okukhishwa Kwezinzuzo?

Lezi zinga eziphakeme ze-APY kufanele zibe nomthombo. Lapha yizizinkomba eziyinhloko:

• Imali yokuhweba: Le yinsiza elula yokuwina. Njalo uma umhwebi esebenzisa iphuli ofake kuyo ukuze ashintshise ama-token, ukhokha imali encane (isb. 0.25%). Le mali ihlukaniswa ngokulinganayo kubo bonke abahlinzeki bezimali kule phuli. Ivolumu yokuhweba epulini, imali eningi oyitholayo. earn.
• Amathuba Okuphatha: Lapha izinto ziba mnandi. Ukuze kuthuthukiswe ukuhlinzeka nokudonsela abathengi, ama-protocols amasha e-DeFi avamise ukusabalalisa amathokheni okuphatha awo njengomvuzo owengeziwe. Ungase ube uphatha izimali kuphuli ye-TRX/USDT, kodwa futhi uthola ithokheni elisha elinjenge- “XYZ” ngasikhathi sinye. Lezi zithokheni kungaba nenzuzo enkulu uma iphrojekthi iqala, kodwa zingaba futhi nezinguquko ezinkulu noma zibe sengozini yokungabi nalutho.
• Okunye Okukhuthazayo: Ezinye izinqubo zinikeza imivuzo eyengeziwe efana nengxenye yemali engenayo yeplathifomu noma izikhuthazo zokwenza izenzo ezithile ezifana nokubolekwa noma ukufaka imali.

4. Izikhala Eziphakathi KweRose: Ukuhlola Okujulile Phuma Emikhakheni

Ukufuya izivuno akusiyo indlela eqinisekisiwe yokuthola ubuningi. Iziqhamo eziphezulu zikhona ukuze zikhokhele izingozi eziphezulu. Ukungayinaki lezi yindlela esheshayo yokuphuka.

• Ukulahleka Okungapheli (Ingcuphe Eyinhloko): Le yinto eyingqayizivele futhi engaqondakali kahle ekuhwebeni kwezimali. Ukulahleka okungapheli kwenzeka uma intengo ye- izinguquko eziphathelene nezimpahla ezibekwe uma uzifaka. Ukuze kube khona ushintsho olukhulu, ubungozi bokulahlekelwa bukhula uma uqhathanisa nokugcina izimpahla zakho.
  • Kungani kwenzeka: I-algorithm ye-AMM idinga ukubuyisela ibhande ukuze igcine ifomula yayo. Uma intengo ye-ETH ikhuphuka kakhulu ngenkathi unama-ETH nama-USDT ebhange, i-algorithm izokwenza ngokuzenzakalelayo thengisa ezinye ze-ETH zakho ukuze uthole i-USDT ukuze ugcine inani liphakathi. Uzoqeda ungenayo impahla ewina futhi unayo engaphumeleli kakhulu.
  • Kuba “okuphakade” uma uthatha. Ukulahlekelwa ku “okungaphakade” kuphela ephepheni kuze kube uphume endaweni. Kwama-pairs anokunyakaza okukhulu, lokhu kulahleka kungadlula kalula noma yiziphi izinzuzo zokulima ozenzile. Lokhu kungumqondo abalimi abaningi bahlala kwi ama-pair e-stablecoin (isb. USDT/USDC) noma ama-pair ezimpahla ezibambekile (njenge wBTC/BTC), lapho ingozi yokulahleka okungapheli incane.
• Izingozi ze-Smart Contract: Uphonsa imali yakho kumalayiwe e-code. Le code ingaba ne-bugs noma izinkinga ezingenzeka ukuthi abahlaseli bazisebenzise. Imigodi eminingi yemali ilahlekile ku ukuhlakanipha kwehaki nezinsiza. Ngaso sonke isikhathi, cwaninga umlando wokuhlola wephrothokholi (kodwa khumbula, ukuhlolwa akuyona iwaranti yokuphepha).
• Ukudonswa Kwe-Rug Nezikhwama: I-DeFi wild west igcwele abalingisi ababi. "Ukudonswa kwe-rug" kusho ukuthi abathuthukisi bephrojekthi bayiyekelele bese behamba nayo yonke imali esikhwameni sokuthengisa. Lokhu kuvame kakhulu nge- amaqembu angaziwa kanye nezinhlelo ezintsha, ezingakahlolwa ezinikeza inzuzo ephakeme kakhulu.
• Izindleko zeGas: Ukusebenza kwi- Ethereum network (nezinye) kudinga ukukhokha izindleko zokuhweba ezibizwa nge- “gas.” Izinqubo eziyinkimbinkimbi zokufuya ezihilela ukudluliselwa okuningi, ukushintshaniswa, nokufaka izicelo zingabiza ama-dollar amaningi ezindleko. Lokhu kungaqeda ngokuphelele inzuzo kubantu abancane farmers.
• Ukuphakama Kwe-Governance Token: I-1000% APY ethokozisayo ingakhokhwa ngot token ophansi ngo-90% ngenani ngesonto elilandelayo. Udinga ukuphatha njalo futhi uvamise ukuthengisa lezi zimpahla zokreward ukuze uqinisekise inzuzo yangempela.

5. Ukukhulisa Isu Lakho: Kusuka KuMqalisi Kuya Ku-DeFi Degens

Isu lakho kufanele lihambisane ngqoqa ngqoqa nezinga lakho lokubeka engcupheni.

• Isu 1: Ukulima Ama-Stablecoin (Indawo Eziphephile)
  • Okungukuthi: Ukubeka imali yokuhlinzeka kwipheya lama-stablecoin, isibonelo, USDT/USDC.
  • Ingozi/Umvuzo: Ingozi ephansi kakhulu yokulahlekelwa okungapheli, umvuzo ophansi kodwa ohlala ungu-5-15% APY. I- main ubungo kuyinkinga yokwehluleka kwe-stablecoin uqobo (isb. uma i-USDC ingaxhumi).
  • Kubani okufanele: Abasafunda abaqalayo nabatshali-zimali abathanda ukuvikeleka abafuna ukubuyisela okungcono kunezezimali zendabuko.
• Isu 2: Ukuhlwanyela Amabhizinisi Asezingeni Eliphezulu (Indlela Elinganiselwe)
  • Kungani: Ukunikeza ukwazisa kwephedi yeziqhamo ezimisiwe, ezinomnotho ophakeme. Cabanga ngama-pair afana no ETH/USDT, BTC/USDT, noma ezinye izimpahla ezinkulu. Ungahlola ama-pair afana no ETC/USDT noma PAXG/USDT (ithokheni elisekelwe kugolide) ukuze uthole ukuvezwa okuhlukile.
  • Ingozi/Umvuzo: Ingozi ephakathi yokungaguquguquki ukulahlekelwa, imivuzo ephakathi. Ubethe ukuthi lezi zimpahla ezimbili azizukwehluka kakhulu ngenani. Imivuzo iphakeme kunezinqwaba ze-stablecoin ngenxa yokwehla okukhulu nokuhweba okukhulu.
  • Ikuphi: Abatshalizimali abakhululekile ngenani elithile losongo abakholelwa enanini lesikhathi eside lezi zimpahla zombili ezikwenqenqwini.
• Isu 3: Iphakheji Ephelele DeGen Experience (Ubungo Olukhulu, Umvuzo Omkhulu)
  • Okuyikho: Ukulima ezinhlelweni ezintsha, ezingakahlolwa noma ukuhlinzeka ngempahla yezimpahla ezishintshashintshayo futhi ezihlobene kakhulu (isb. ama-meme coins amabili angaziwa).
  • Ubungo/Umvuzo: Ubungo obuphezulu kakhulu bokulahleka okungapheli, ukuhlaselwa kwezivumelwano ezihlakaniphile, kanye nezinkinga zokukhwabanisa. Ama-APYs angaba ku- izinkulungwane zephesenti, kodwa empeleni udlala umngani.
  • Kubani: Abasebenzisi be-DeFi abanolwazi olunzulu abanezimfanelo zokubekezelela ubungozi obuphezulu abangakwazi ukukhokhela ukulahlekelwa ngokuphelele kwemali yabo. Lokhu akukuhle kubantu abasafunda.

6. Umhlahlandlela Wokwenyuka Kwezinyathelo Zokuqala Zokulima Imali

1. Thola i-Wallet: Setha i-wallet engaphathwa njenge-MetaMask noma i-Trust Wallet.
2. Faka Imali ku-Wallet Yakho: Thenga i-cryptocurrency kusuka ku-exchange ethembekile. Uma ufuna ipulatifomu ephephile futhi elula yokuthola i-crypto yakho yokuqala, ungathenga i-ETH, i-USDT, i-TRX, noma ezinye izimpahla ku-  target="_blank" rel="noreferrer noopener">Exbix. Uma sebuyiwe, yithumele kwi-akhawunti yakho yomuntu siqu.
3. Khetha Iphrothokholi Yakho NePhuli: Qala kalula. Khetha iphrothokholi esezingeni eliphezulu efana ne-Uniswap (Ethereum) noma i-PancakeSwap (Binance Smart Chain) kanye ne-stablecoin noma ipuli ye-blue-chip.
4. Hlinzeka Ngemali: Hamba kwi- “Iphuli” isigaba, khetha izimpahla ezimbili ofuna ukuzinika ngenani elilinganayo le-USD, bese uvuma ukuhweba. Uzothola ama-Tokens e-LP amele ingxenye yakho yephuli.
5. Faka Ama-Tokens Akho e-LP: Ngokuvamile, udinga ukuthatha ama-tokens akho e-LP uye esigabeni esihlukile se-“Farm” ukuze uwafake futhi uqale ukuhweba ngezikhuthazo ezengeziwe. imivuzo. Vuma enye idili.
6. Thola futhi Phatha: Ungakwazi "ukuvuna" ama-token akho ezikhwama njalo futhi noma uwabuyisele (uwafake kabusha) noma uwashintshe abe ama-stablecoin ukuze uqinisekise inzuzo.

7. Ikusasa Lokufuya Imivuzo

Ukuze ufuywe imivuzo kuyashintsha. Sibona ushintsho kuya:

• Izixazululo zeLayer 2: Amakhono kumanethiwekhi afana nePolygon neArbitrum anciphisa kakhulu izindleko ze-gas, okwenza ukufuywa kube khona kwabantu abaningi.
• Ukuphathwa Kwezingozi Okuthuthukisiwe: Amakhono amasha ezokuphepha afana neNexus Mutual anikeza ukuvikelwa ngokumelene nokwehluleka kwemigomo ehlakaniphile.
• Ukuhamba Kwezinhlaka Farming: Ukukhulula abalimi ukuba bashintshe izimpahla phakathi kwezinhlelo ezahlukene ze-blockchain ukuze bafeze izinzuzo ezinhle kakhulu.
• Izinto Zokusebenzisa Eziphumelelayo: “Abahlanganisi Bezinzuzo” abafana ne-Yearn.finance benza lo msebenzi ngokuzenzakalelayo, bephusha imali yakho phakathi kwezindlela ukuze wandise imbuyiselo.

8. Isiphetho: Ingabe Ukuf farming Kuhle Kakhulu? U?

Ukufuza umkhiqizo iyithuluzi elinamandla elenza kube lula ukufinyelela ezinsizeni zezimali futhi linikeza amathuba okwenza imali angakaze abonakale. Nokho, akusona isiphazamiso semali esingekho emthethweni. Kungumsebenzi onzima, onobungozi obuphezulu odinga ucwaningo olunzulu, ukuqapha okuqhubekayo, kanye nesibindi esiqinile sokungaguquguquki.

Qala kancane, qala ngokuphepha, futhi ungaze utshale imali engaphezu kwalokho okukhululekile ukukwenza. lahle. Phumelela izikhwama ze-stablecoin ngaphambi kokuthi ucabange ngama-farms aphezulu engozini. Umhlaba we-DeFi uyajabulisa, kodwa kubalulekile ukuba umphakathi ophusile. Yenza ucwaningo lwakho, uqonde ubungozi, futhi maye izinzuzo zakho zibe phezulu nezilahleko zakho zibe zikhathi ezithile.

Ulungele ukuhlola umhlaba we-crypto? Qala ngokuthola ngokuphepha izimpahla zakho zokuqala endaweni ethembekile platform. Bhalisela i-akhawunti ye-Exbix namuhla ukuze uqale uhambo lwakho emhlabeni wezimali zedijithali ne-DeFi.