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Yield Farming Crypto Coins. How does yield farming work? It is called farming because the coins we plant generates crops. So in return for lending out your cryptocurrency, you earn interest and oftentimes also earn a percentage of the transaction fees that occur during the exchange of value. For those of you who still do not understand, just think of it as a certificate of deposit (cod) that generates interest in another currency for example we deposit dollar and we get interest in yuan. Yft price is up 0.6% in the last 24 hours.
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It is called farming because the coins we plant generates crops. Uniswap (v2) is the current most active market trading it. Yield farming in crypto is providing liquidity and get rewarded in fees plus some tokens. So if you have some crypto assets like ethereum, tether, dai, that are just sitting there in your wallet then you can put them to use to earn passive income with yield farming. Yield farming is often also referred to as liquidity mining. Our video is about yield farming: Yield farming, occasionally also referred to as liquidity mining, is one of the latest hype trains within the defi space. Can i yield coins if i stake my capital? Yield farming paves the way for earning rewards with your cryptocurrency holdings.
In general terms, you get rewards in return for locking up the cryptocurrencies.
Our video is about yield farming: For those who haven’t heard of this term, yield farming is a meme that represents cryptocurrency investors putting their capital on. The core idea of yield farming is generating passive income with your existing crypto. Our video is about yield farming:
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