Crypto finance has matured. It is no more ‘that alternative source’ of making more money. Rather, the mainstream consumption has positioned it alongside the traditional fiat markets. In all honesty, Decentralized Finance (DeFi) protocols have had a significant role in moving the trends from ‘somewhat decentralized’ to ‘total decentralized’ transition of the Blockchain finance products. Understanding Yield Farming — Staking cryptos to make more cryptos To put it simply, it is a practice of investors staking (farming) their crypto assets in a farm (pool) and earning interests (yield) in return. Unlike traditional staking, Yield Farming generates returns faster and can be implemented with less number of investors. Therefore, many upcoming DeFi protocols are written around Yield Framing to attract greater participation. Ideally, a DeFi yielding platform uses open-source and permission-free decentralized apps that provides complete control to the users. This means, no third-party entities o...

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