What Is Yield Farming? DeFi’s Hot Trend, Explained

What’s behind a fresh wave of enthusiasm for crypto? Something called decentralized finance – or DeFi for short. Bitcoin lets you store and transfer money electronically without government or banks. DeFi is building banking functions on top of that.

This gave birth to Ethereum-based applications such as yield farming and liquidity mining. CoinDesk’s Senior Research Analyst Galen Moore guides us through what all these concepts mean and how people are making money in DeFi.

Subscribe to CoinDesk on YouTube: https://bit.ly/31CR8WV…

Site: https://bit.ly/2sNROdN
Facebook: https://bit.ly/2F68R1f
Twitter: https://bit.ly/3gMDCX0
Instagram: https://bit.ly/3fJbFOz
Newsletter: https://bit.ly/2sNROdN/newsletter/

CoinDesk Podcast Network: spotify:show:2jyIhkvAQhed8AWDZiPpSP
Markets Daily Crypto Roundup: spotify:show:7sDXM8BlxsUqzL2IqmLqwE

CoinDesk is the leading digital media, events and information services company for the crypto asset and blockchain technology community.