Defining Defi terms about Yield Farming
Yield Farming, also known as Liquidity Mining, is a way to earn rewards by owning cryptocurrency. The simple process is to lock up our cryptocurrency and get a reward for it.
In other words Yield Farming is a way to generate more crypto with our crypto. This involves we lending our funds to other people through a computer program called a smart contract, and in return for our services, we earn rewards in crypto.