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
All-Time-High (ATH)
The highest point (in price, in market capitalization) that a cryptocurrency has been in history.
Ticker
A ticker is a stock or asset symbol that abbreviates the asset name and it can be used as an identifier of the asset.
Hard cap
The maximum amount that an ICO will be raising.
Token
Blockchain based unit of value issued by an organization, which grants token holders a right to participate in a network.
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