Yield Farming Crypto Explained. Accordingly, defi proponents have now latched onto the farming metaphor and memed into existence “yield farmers,” i.e. Yield farming is one of crypto’s 2020 buzzwords, but what does it mean?
Essentially, what you have to do is lend out the crypto. Watch this 3 part series on defi yield farming and how to get into liquidity pools. Yet, one must not forget that there are serious risks associated with it.
Usually, people think that the key to holding crypto as an investment is just to leave it in cold storage.
With yield farming, the concept is the same: Yield farming, referred to as liquidity mining rewards people for their cryptocurrency holdings giving them rewards. Yield farmers try to chase the highest yield by switching between multiple different strategies. Yield farming on avalanche and pangolin.