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A better investment than bitcoin or ethereum would be Yield farming. Yield farming which is quickly becoming one of the most popular ways for investors to generate money from their digital asset investments is a better investment rather than just keeping your coins in your wallet lying fallow. let them make money for you But how does yield farming work, and can it be profitable?
What Exactly Is Yield Farming?
Yield farming is a major use of decentralized financial systems (DeFi).
Yield Farming is a method of investing in and profiting from digital currency. Individuals are charged a fee under the Yield Farming profit plan for lending their cryptocurrency via smart contracts and sites that offer Yield Farming.
the process of making a profit in liquidity pools. People receive rewards by locking their cryptocurrencies in these contracts, which are also in the form of cryptocurrencies.
This process of making a profit is called Yield Farming. This innovation is currently underway in the Ethereum Network and its decentralized finance protocols, and individuals can select tokens defined on the Ethereum platform in Yield Farming projects and lock in Decentralized Finance liquidity pools to make a profit.. in the long run it is a more viable and better investment than just leaving it to bitcoin and ethereum HODL