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
Full Node
Full Nodes are computers that verify the set of rules that are built into the protocols of a given cryptocurrency.
Limit Order / Limit Buy / Limit Sell
Orders placed by traders to buy or sell a cryptocurrency when a certain price is reached
Pre-sale
A typically exclusive token sale event preceding a public ICO
Dump
A common term used to describe downward market movement, or to describe the action of selling an individuals holdings.
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