Yield Farming definition
Definición
Earning rewards by providing liquidity to DeFi protocols
Farmers chase APYs up to 1000% in bull markets; risks include smart contract exploits, as seen in 2022s $600M Ronin bridge hack. Strategies: Single-asset staking, LP farming, leveraged yields. Platforms: Yearn.finance auto-compounds. Risks: Impermanent loss, rug pulls, high gas fees.
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