Initially, holding crypto assets in DeFi was simply a matter of storage. However, with the emergence of yield farming, the situation changed. Users can now generate income by utilizing idle assets. Yield farming essentially involves staking assets or providing liquidity to earn additional token rewards or higher yields. Idle assets no longer need to just stay in wallets. This has become a key mechanism driving the growth of the DeFi ecosystem and forms the foundation of many DeFi protocols today.
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SellLowExpert
· 23h ago
Yield farming really changes the game. Earning passive income just by letting idle assets sit there is something I never dared to imagine before.
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FadCatcher
· 01-13 10:55
Yield farming initially really confused me. Looking back now, it's actually that simple.
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PerpetualLonger
· 01-13 10:45
You should have gone all-in on liquidity mining from the start. It's a bit late to say that now.
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ImaginaryWhale
· 01-13 10:30
Yield farming really changed the entire game rules
If it weren't for liquidity mining, I would have already HODLed my coins to death
I've seen this as the core of DeFi for a long time, but no one listened to me back then
Now everywhere you look, there are farming mechanisms, and I'm a bit tired of the aesthetic
Money that doesn't move depreciates; this wave of yield farming is probably a salvation for lazy people
Initially, holding crypto assets in DeFi was simply a matter of storage. However, with the emergence of yield farming, the situation changed. Users can now generate income by utilizing idle assets. Yield farming essentially involves staking assets or providing liquidity to earn additional token rewards or higher yields. Idle assets no longer need to just stay in wallets. This has become a key mechanism driving the growth of the DeFi ecosystem and forms the foundation of many DeFi protocols today.