More specifically its a process that lets you earn either fixed or variable interest by investing crypto in a DeFi market.

How do you farm cryptocurrency. When loans are made via banks using fiat money the amount lent out is paid back with interest. The hottest buzzword in crypto today is yield farming which allows people to earn fixed or variable interest by investing crypto in a DeFi market. Yield farming also allows an investor or.

Lending out ETH on Aave for a return beyond the ETH price appreciation is yield farming. By mining you can earn cryptocurrency without having to put down money for it. Yield farming involves lending cryptocurrency.

Simply put yield farming involves lending cryptocurrency via the Ethereum network. Expand the details tab. Yield Farming involves lending your funds to others using smart contracts.

Ill cover the main ones here and start from the easiest one - cloud mining. Investing in ETH is not yield farming. Some of these cryptocurrencies are.

The Harvest liquidity pools with the highest APY are. Here you can have a look at the worlds top 5 bitcoin farms. In return you get interest and sometimes fees but theyre less significant than the practice of supplementing interest with handouts of units of a.

Another smart way of earning through cryptocurrencies is to buy and hold cryptocurrencies that pay you dividends. After yield farmers deposit their funds Harvest automatically farms the highest yields utilizing the latest crypto farming techniques. The native token of the platform is FARM.