Liquidity and Yield Farming

An exciting development in cryptocurrency is Decentralized Finance (DeFi) and Decentralized exchanges (Dex). Decentralized finance uses automated programs to provide services found in traditional finance such as loans. Yield farming is the process of locking up cryptocurrencies in exchange for a reward.  Yield farmers stake coins in return for a percentage of the fees. Liquidity farming is staking your coins so that others can use it to borrow. This provides additional income from fees. Liquidity and yield farming can help support the Ethereum network, while also providing bonus income to the client.