How do you use your current crypto tokens for yield farming to earn rewards in the DeFi? Click here to sign up for our cryptocurrency training. This is a beginners guide to yield farming to help people understand how yield farmers are earning money through liquidity mining. What is Yield Farming and DeFi (decentralized finance)?
Yield farming, also referred to as liquidity mining, is when users stake their cryptocurrency holdings to give them rewards in the form of tokens. incentivize people with crypto assets to be liquidity providers within their yield farming protocols using a smart contract liquidity pool. In this video series you will learn what means, is yield farming profitable, how yield farmers make money, and is yield farming safe. Yield Farming explained in simple to understand terms.