Yield Farming Explanation
In agriculture the yield also known as agricultural productivity or agricultural output is a measurement of the amount of a crop grown or product such as wool meat or milk produced per unit area of landthe seed ratio is another way of calculating agricultural productivity. Innovation such as the use of fertilizer the creation of better farming tools new methods of farming and.
Yield Estimation Of Food And Non Food Crops In Smallholder Production Systems Samples
Yield farming is the act of putting your money into decentralized finance applications as a liquid provider to earn interest fees or other rewards.
Yield farming explanation. The yield farming examples above are only farming yield off the normal operations of different platforms. This could involve earning interest by lending digital assets to others or locking up the crypto in a liquidity poolsome decentralized finance protocols also issue governance tokens as a reward for participants and these assets have become subject to wild. A simple explanation of defi and yield farming using actual human words a primer on defi and yield farming.
Defi applications offer services that you would typically find in a bank and other financial institutionsthese services include savings with interest credit and currency exchange forex. Techopedia provides the following definition of gaming farming. Supply liquidity to compound or uniswap and get a little cut of the business that runs.
In return you get interest and sometimes fees but theyre less significant than the practice of supplementing interest with handouts of units of. Farming refers to a gaming tactic where a player or someone hired by a player performs repetitive actions to gain experience points or some form of in game currency. Yield farming involves lending cryptocurrency.
Crop yield is the measurement most often used for cereal grain or legume and is. A new wave of investment has echoes of the 2017 craze but also represents a new phase for the rapidly maturing cryptocurrency industry. Well also cover liquidity mining automated market making plus the other terms.
Yield farming is a broad term and in its simplest form it involves trying to get the biggest return possible from cryptocurrency. Yield farming is a relatively new term to the industry but you could probably meet it in the gaming sector. What is yield farming.
A crop yield is a measurement of the amount of agricultural production harvested per unit of land area.
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