Taking Yield Farming to the Next Level With Animal Farm
As a result of DeFi protocols, access to finance has been democratized, allowing anyone with an Internet connection to gain access to opportunities and services. However, they only gained popularity after the ‘DeFi summer of 2020’ and the yield farming craze that followed. The concept of yield farming has changed the way people view savings by becoming the standard means of generating passive income in the cryptosphere. Consequently, numerous DeFi protocols have developed their architecture and functionalities around yield farming. However, yield farming has....
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PRESS RELEASE. Yield Finance Farm (YIF) is a high-yield Defi farm that allows you to Stake, Farm, Lend, Borrow, and Earn. Bringing real value to yield farming, it’s a modern-age project designed to meet the demand for financial innovation and improved financial system efficiency through Defi and blockchain technology. It strives to create a decentralized financial ecosystem by used The YIF token to gain full access to all YieldFinanceFarm products. Allowing for community governance orchestrated in building decentralized products, after the launch of the protocol, YieldFinanceFarm....
The eco-friendly Yield Farm is taking its first steps into the Carbon Credit business through NFTs backed by real planted trees TreeDefi is a Yield Farming protocol that focuses on eco-friendly activities through ⅓ of the deposit fees on the platform. They plant trees through tree planting organizations and privately held planting projects around the […]
Yield farming was the defi craze of summer 2020, taking the nascent industry by storm and ushering in new ways to distribute tokens, engage communities, and strengthen network effects. After peaking in October, when yield farms helped send Ethereum network fees to record highs, the yield farming craze abated slightly due to saturation and diminished […]
A CoinGecko survey has found that the majority of yield farmers do not understand the smart contracts underpinning the DeFi protocols they use. The majority of yield farmers do not understand how to read the potentially risky smart contracts that underpin the decentralized finance (DeFi) ecosystem — but that hasn’t stopped them making huge profits.Crypto market data aggregator CoinGecko has published its findings from a survey of 1,347 of its users about yield farming, finding that 93% of respondents claim to have reaped a financial return of at least 500%.However around half of users are....
The popular emerging DeFi token, YFBTC has recently announced the launch of its yield farming program enabling Bitcoin hodlers to farm additional returns. The program also allows users holding wBTC & renBTC providing LP on UniSwap to gain additional farming yields through YFBTC.net. YFBTC is an alternative DeFi token to BTC, which is designed to […]