What Is Yield Farming? The New Age of Decentralized Finance

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Investing in digital currency is a way of earning money without leaving your house or even your bedroom. Yield farming is a financial strategy to earn interest from cryptocurrency. The primary benefit of this strategy is that it results in lower fees and higher interest returns. Like any other investment, yield farming can be profitable, but your earnings will vary depending on the platform, blockchain, liquidity pool, and rates. There is always the chance of impermanent loss if you end up staking your assets and their corresponding rewards drop too much in value.