The Defi Chronicle: How not to get ruined in yield farming like I did

Have you ever been really excited to go on a trip and then when you get there things go wrong? The hotel stinks, your companions are in lousy moods, the weather is bad or the crowds are so thick that you can’t do anything that you want. This has been my experience with yield farming over the past few weeks on Polygon. I had been extremely excited that finally we have a platform with low gas fees and I could finally experience yield farming for all that it’s worth. I had been hesitant on Ethereum because of gas fees and had done a bit on Binance Smart Chain, but even their fees add up. So with the great rewards offered on Aave, Curve, and Sushi, I bridged a portion of my portfolio over to Polygon.

At first things were good: I was using the large platforms and getting great Matic rewards. When the rewards on the established platforms slowed down a couple of weeks ago, I decided to venture beyond the playground that I had become familiar with and entered into the demented, twisted, and challenging world of Polygon yield farming. I had gotten an airdrop in May (free for anyone who used Quickswap) for a coin called Kogecoin and the airdrop was valued at around $4 when I got it. Within a month, it shot up to $700! I decided that with possible gains like this, I wanted to get in on the action.