The Yield Farmer

User Story
Sam discovered Bitcoin 4 years ago and was enthusiastic about the digital money aspect. She passively invested at first but then became further intrigued during DeFi summer in 2020. She couldn’t believe it she could get paid to borrow in protocols like Compound due to the rewards in COMP. She then discovered liquidity mining in DEXes like SushiSwap and became hooked on actively earning high APYs by simply moving money around. Sam is an APY hunter. She actively looks for new projects with high APY and sells the rewards frequently to realize the APY. She uses the Borrower/Lender and Passive Investor styles to park realized gains. When Sam is liquidity mining pools where the reward token is the also a token in the pool, she withdraws her liquidity and dumps the native token when rewards are no longer attractive.
Frusturations
-High gas fees really eat her profits on certain chains. -Impermanent loss during volatile market conditions when farming with LP -Smart contract hacks and lending mechanic exploits -tax headaches due to complicated transaction history
Goals
- Grow her portfolio as quickly as possible
Name
Sam
Traits
risk-takeraggressiverebelliousobessivesuspicious