Yield farming is a way for you to earn a passive income with your cryptocurrency by lending your funds to others via a smart contract.
Why keep your assets idle when you can put them to work?
Think of it as holding a fixed deposit in cryptocurrency, but with a smart contract instead of a bank.
Disclaimer: Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Each investor must do his/her own research or seek independent advice if necessary before initiating any transactions in crypto products and NFTs.
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