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What Is Yield Farming in Crypto?
Before we dive into exploring the advantages and disadvantages of yield farming, it may be beneficial to begin by defining what it is and how it works.
Yield farmers are basically crypto liquidity providers. Whether you are yield farming Ethereum, Bitcoin, Ripple or any number of altcoins, the principle remains the same. You put your capital at the disposal of a Decentralized Finance (DeFi) application.