Yield farming is a way to make more crypto with your crypto. It involves you lending your money to others through the magic of computer programs called smart contracts. In exchange for your service, you earn fees in the form of crypto. $
Yield farming is the wild west of Decentralized Finance (DeFi), where farmers compete for the chance to grow the best crops
Yield farmers measure their yields in terms of Annual Yield Percentage (APY).
Yield farming, while potentially profitable, is also incredibly risky.
much like you would earn interest on any money in your savings account. And similar to depositing money at a bank, yield farming is all about staking your cryptocurrency for a period of time in exchange for interest or other rewards, such as 100% of your money. more cryptocurrency
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