I Tried 149 Yield Farming Pools On Optimism: Here Is What I Learned
Can you find good yield farms on Optimism? This is what I found out it my research
This article is a culmination of my in-depth analysis and hands-on experiences testing, trading, and farming yield within the Optimism ecosystem. It aims to shed light on the nuances, strengths, and potential pitfalls of various yield opportunities.
From hidden gems to widely-recognized pools, this journey has revealed a spectrum of opportunities and challenges that are quintessential for anyone looking to navigate the Optimism DeFi landscape.
Introduction to Optimism and Its DeFi Ecosystem
Optimism is a Layer 2 (L2) Blockchain built on Ethereum. Here’s an in-depth explanation of how Optimism works, but essentially it’s used to enhance Ethereum’s scalability and efficiency, allowing for faster and cheaper transactions. As one of the more active L2s with a robust and thriving DeFi ecosystem, Optimism currently offers plenty of attractive yield opportunities.
Uniswap v3 (Optimism) dominates the Optimism playing field in terms of trading volume market share, which is unsurprising because of Uniswap’s DeFi dominance in general. Other notable multichain DEXes that…