🧠 Crypto Glossary: Learn a new term related to trading and cryptocurrencies every day.
23. 🌾 Yield Farming
It is a strategy within the DeFi ecosystem where users provide liquidity to different platforms to earn rewards in the form of tokens. It is a way to generate passive income with your cryptos.
Example: By lending your cryptos on a platform like Compound, you can earn interest in additional tokens as a reward.
And there you have it! Every day you will learn a new term from the crypto world. Ready to be an expert? Well, I don't know if that expert... but at least you're no longer a newbie! 🤓
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