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What is Yield Farming? 🌾 Yield Farming = earning rewards by providing liquidity to DeFi platforms. How it works: • Deposit tokens into liquidity pool • Earn trading fees + incentives Risks: • Impermanent loss • Smart contract bugs ✅ DYOR before farming! ❓ Have you tried yield farming? #CANProtocol #DeFi #YieldFarming
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What is a Rug Pull? 🚨 Rug Pull = malicious project exits, stealing users’ funds. How it happens: • Fake project gains hype • Liquidity added → users deposit funds • Devs withdraw liquidity → price crashes to zero ✅ Always DYOR → verify audits, team transparency! ❓ Have you ever faced a rug pull? #RugPull #CryptoSafety #CANProtocol $NIL
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What is a Wrapped Token? 🎁 Wrapped Token = tokenized version of an asset on another blockchain. Purpose: • Enable cross-chain interoperability • Allow use in DeFi protocols Example: • WBTC → Wrapped Bitcoin on Ethereum • WETH → Wrapped Ethereum ✅ Wrapped tokens unlock multichain liquidity! ❓ Have you used wrapped tokens? #WrappedToken #CrossChain #CANProtocol $OP
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💻 What is a Blockchain? 💻 Blockchain = decentralized digital ledger. Features: • Immutable (can’t be changed) • Transparent • Distributed across many nodes Used for: • Cryptocurrencies (BTC, ETH) • DeFi apps • NFTs • Supply chain tracking Benefits: • No central authority • Censorship-resistant • Trustless environment ✅ Blockchain technology is reshaping industries worldwide. ❓ What’s your favorite blockchain project? #CANProtocol #Blockchain #CryptoBasics
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What is Crypto Lending? 🏦 Crypto Lending = earn yield by lending your crypto to borrowers. How it works: • Lend assets on CEXs or DeFi platforms • Earn interest on deposits • Collateral usually required from borrowers Platforms: • Aave • Compound • Binance Earn Risks: • Protocol risk • Counterparty risk • Volatility ✅ Lending = passive income strategy → diversify your risk! ❓ Are you earning from crypto lending? #CryptoLending #PassiveIncome #CANProtocol $SHELL
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