YIELD FARMING EXPLAINED
Yield farming is a method of earning rewards or interest by depositing your cryptocurrency into a pool with other users using decentralized finance (DeFi) to maximize returns..
The pooled funds are used to carry out smart contracts such as cryptocurrency lending that generates interest in return.
Many popular yield farming strategies involve crypto lending and borrowing, but borrowing against your crypto is the riskiest approach because your assets could get liquidated if their price dips too low.