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Since the summer of 2020, DeFi has been on fire… and many investors have turned to yield farming as a way to make even more capital. Many people use the terms “yield farming”, “liquidity providing” and “staking” interchangeably but there are differences in what they mean and how much you can make.
Staking refers broadly to the rewards you get through the validation process of proof-of-stake blockchains.
Staking and yield farming are similar in the sense that they allow investors to earn a return on their assets but yield farming is a bit more.. intensive.. This means the potential for a higher return.
Yield farming
Crypto passive income
Liquidity providing
Make money liquidity providing
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*I am not a financial advisor. This is not financial advice*
The Secret Passive Income Machine: Yield Farming
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