What Is Yield Farming? Top Yield Farming Protocols To Participate!

What is crypto yield farming? How does yield farming work? How to start yield farming? Lending vs borrowing vs staking, yield farming list, best yield farming protocols in crypto
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Yield farming is a process where you stake or lend your crypto assets to generate high rewards in the form of additional cryptocurrencies. In general, yield farming rewards are given to users who engage in beneficial actions to the protocol. The yield generated can be in the form of a percentage of the transaction fees generated by the underlying DeFi platforms, interest from lenders, or governance tokens.
Links Mentioned
Impermanent Loss Calculator - www.coingecko.com/en/imperman...
Article on Yield Farming - www.coingecko.com/buzz/what-i...
Protocol links in comment section~
Timestamps:
00:00 What is yield farming?
01:15 How does yield farming work?
02:32 Types of yield farming
04:08 Top yield farming protocols
08:29 Should you participate in yield farming?
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#YieldFarming #DeFi #crypto #staking #lending

[@CoinGecko]

List of protocols mentioned: UniSwap - uniswap.org/ SushiSwap - www.sushi.com/ PancakeSwap - pancakeswap.finance/ Trader Joe - traderjoexyz.com/ Astroport - astroport.fi/en Trisolaris - www.trisolaris.io/#/swap Aave - aave.com/ Compound - compound.finance/ BENQI - benqi.fi/ Solend - solend.fi/ MARS Protocol - marsprotocol.io/ Curve - curve.fi/ yearn.finance - yearn.finance/ Beefy.Finance - beefy.finance/ Autofarm - autofarm.network/ BarnBridge - barnbridge.com/ Anchor Protocol - www.anchorprotocol.com/

[@jaydonbenson2605]

I think the start should take place on a site where everything is clear, I would advise Algebra DEX, there is also a very high APR, and the couples are very cool

[@ayomiku22]

Don't jump into something just because it has a high APR.

[@djienf]

Wow, that was great!

[@CoinGecko]

Glad you enjoyed it!

[@BitcoinPriest1]

Incredible content

[@CoinGecko]

More awesome videos coming your way!

[@benel3721]

Wonderful thanks.

[@CoinGecko]

Glad you enjoyed it!

[@teanoblacklotus534]

Anchor 🔥

[@ashmansukhani3928]

Yield farming protocols CCIP

[@Loteria_Inteligente]

😆