darlydixon Posted April 25, 2022 Report Share Posted April 25, 2022 Yield farming is the method of using decentralized finance to maximize ROI. Users lend or borrow cryptocurrency on a Decentralized Finance platform and gain crypto in return for their services. Yield farming allows investors to get yield by putting coins or tokens in a DeFi application, or DApp. Examples of DApps include crypto wallets, DEXs, etc., Yield farmers generally use decentralized exchanges (DEXs) to lend, borrow or stake tokens or coins to gain interest and speculate on price swings. Yield farming across Decentralized Finance is facilitated by smart contracts — pieces of code that automate financial systems between two or more parties. Investors can get in touch with the best DeFi development company to get Decentralized Finance yield farming development solutions that can help and boost their digital business ROI. Quote Link to comment Share on other sites More sharing options...
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