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106 Apr 2022, 13:22
#CHOanswers
š Yield farming allows investors to earn yield by putting coins or tokens in a decentralized application, or dApp. Examples of dApps include crypto wallets, DEXs, decentralized social media and more.
Yield farmers generally use decentralized exchanges (DEXs) to lend, borrow or stake coins to earn interest and speculate on price swings.
Yield farming across DeFi is facilitated by smart contracts ā pieces of code that automate financial agreements between two or more parties.
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#CHOanswers. Yield farming allows investors to earn yield by putting coins or tokens in a decentralized application, or dApp.
#CHOanswers
š Yield farming allows investors to earn yield by putting coins or tokens in a decentralized application, or dApp. Examples of dApps include crypto wallets, DEXs, decentralized social media and more.
Yield farmers generally use decentralized exchanges (DEXs) to lend, borrow or stake coins to earn interest and speculate on price swings.
Yield farming across DeFi is facilitated by smart contracts ā pieces of code that automate financial agreements between two or more parties.
Telegram | Twitter | Discord | Medium