On February 8, 2021, during the "First BSC Farmers' Festival," Tracy from Cointelegraph China hosted a roundtable discussion titled "Top Mining Farmers Come to 'Rant'" with BSC "wealthy farmers" representatives Cao Yin, Shenyu, Mable, and Super Jun. Shenyu, co-founder of Cobo & F2Pool, said that the BSC user experience is smooth, with stable returns from characteristic and long-lasting mining projects like Pancake, making it a blockchain that's easy to operate and manage.
Regarding wealth-generating opportunities on BSC, Shenyu recommended XVS, the largest lending project by scale, and Pancake, a classic DEX project. For beginners interested in yield farming, Shenyu believes DeFi is composable. Newcomers should first become familiar with classic projects and understand their fundamentals, while clearly recognizing each project's specific niche within the broader DeFi landscape. Based on this understanding, they should assess risks—such as whether addresses can authorize contracts. These basic evaluations enable quick project screening. He suggests beginners start with fast DeFi farming experiences on BSC, where low gas fees significantly reduce farming costs.
