Yield Farming
By CoinGecko | Updated on Aug 13, 2021
Yield farming involves putting cryptocurrency into a DeFi protocol to collect interest on trading fees. Liquidity providers can profit by providing liquidity in DeFi protocols like Uniswap, utilizing assets that would otherwise sit idle on an exchange or hot wallet.
Related Terms
Portfolio
A portfolio consists all of your current crypto holdings in one place.
Pay-Per-Last N Shares (PPLNS)
PPLNS system only pays miners after the pool has discovered the block. This means you'll only be compensated once the block has been discovered.
Block Height
A number that is used to indicated the position of a particular block within a blockchain
Open Source
Open-source software is a type of software released under a license in which the copyright holder grants users the rights to study, change, and distribute the software to anyone and for any purpose.
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