Leveraged Yield Farming: Everything You Need to Know to Get Startedby@leovs09
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Leveraged Yield Farming: Everything You Need to Know to Get Started

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Lending Protocols in DeFi work the same way as banks in traditional finances. Lenders provide tokens to the protocol to earn interest. Borrowers receive tokens and pay this interest in return. In general, leverage can give 2–3 times more APY than a simple deposit. Lending protocols give interest to lenders who can increase it by borrowing assets and reinvesting them in cycles. The post is not financial advice and is only for informational purposes.

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@leovs09

Vladislav Goncharov

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