Fulfill the Yield Farmers Plowing Cryptocurrency’s Riskiest Trend
What these individuals have in typical is an unknown side gig understood as “yield farming,” a type of cryptocurrency trading and investing that didn’t actually even exist up until 2020. Yield farming, just put, is when cryptocurrency holders sock digital properties like bitcoin (BTC) and ether (ETH) or dollar-linked tokens like tether (USDT) and dai (DAI) into blockchain-based, semi-autonomous loaning and trading platforms in exchange for extra tokens as benefits. The yield farming DeFi boom began in June when the DeFi tasks Compound and Aave released.
What these individuals have in typical is an odd side gig understood as “yield farming,” a type of cryptocurrency trading and investing that didn’t truly even exist up until 2020. Yield farming, merely put, is when cryptocurrency holders sock digital possessions like bitcoin (BTC) and ether (ETH) or dollar-linked tokens like tether (USDT) and dai (DAI) into blockchain-based, semi-autonomous loaning and trading platforms in exchange for extra tokens as benefits. The yield farming DeFi boom began in June when the DeFi tasks Compound and Aave released.
