Cryptocurrencies have emerged as the ninth wonder of the world due to their ability to serve as money and a means of investment. In the past decade, several features have emerged that contributed to making the crypto industry a billion-dollar market.
The world of cryptocurrencies, blockchain and DeFi is one filled with all sorts of opportunities to earn an income. While many would prefer to simply hold on to dear life when it comes to various crypto assets (also known as ‘hodling’), there are nonetheless those that actively seek out new ways through which these digital assets can be utilised to earn a source of income. One of these ways is through yield farming, but as is the case with any investment strategy, it is imperative to understand what this method actually entails and how traders can get involved with it.