When is the Right Time to Invest in Yield Farming?

Folks in the crypto community usually prepare for when a Bull-run trend commences before they can invest. Needless to say, countless other opportunities exist when an investor can obtain high yields. In that rationale, Yield Farming is among the newest projects that let users exponentially ramp up their crypto investments hassle-free. However, the Semantics that are part of yield farming can be a Gordian knot to unfold. For instance, not many folks understand it, let alone when to invest in…

Top DeFi Projects Suitable for Crypto Farmers

The advent of DeFi projects for farming pales compared to the aptitudes of traditional finance like lending and borrowing Into oblivion. However, the underlying capabilities of farmers to earn rewards in the form of interests for locking up their funds allows these DeFi projects to reach new highs in the future.  A market with over $7.2 billion in Total Value Locked of liquidity pools in yield farming projects explains why many want to join the craze. Yield farming involves farmers…

PancakeSwap: The Decentralized Exchange Based on the DeFi Ecosystem

The decentralized financial system is home to popular protocols and decentralized applications running on a blockchain network such as Ethereum. These protocols include decentralized exchanges, which provide tools for converting and trading digital assets while excluding an intermediary’s involvement. PancakeSwap (Official Website) operates as a DEX ecosystem enabling users to trade BEP-20 tokens. Unlike other platforms that run on the Ethereum blockchain, PancakeSwap exists on the Binance Smart Chain, leveraging its fast execution speeds and lower transaction charges. The DEX…

A Guide to Yam Finance – A Yield Farming Protocol That Has Seen it All

The summer of 2020 has brought many DeFi protocols into the limelight. Some of them were vying for attention for the past few years. Others sprung from the moist soil of the decentralized finance boom overnight and went from being pound shop projects to million-dollar protocols in just a few days. One of these sudden hits is Yam Finance, a yield farming protocol that has seen it all. Rising to unbelievable community support only to fall into disgrace and ridicule…

A Complete Guide on How to Farm Yields (Yield farming)

Every crypto user, including the beginner, has met with the word DeFi, an acronym for Decentralized Finance. DeFi consists of an ecosystem of Financial applications developed on top of blockchains. DeFi introduces investors' aspect, making returns on the value of their assets through yield farming markets. Yield farming, also known as liquidity mining, is where crypto holders lend cryptocurrencies and get fees and interests as returns in the process. Just like when an individual deposits some amount into the bank's…

DeFi Collapse Will Influence a Historic Ethereum Rally

The intense increase in the popularity of DeFi created a notable buzz for Ethereum in the cryptocurrency space within the previous few days. The popularity of DeFi in recent times is majorly influenced by an emerging trend known as ‘yield farming.’ Yield farming allows the leveraging of different protocols to receive huge payouts (up to 200 percent APR). Due to this trend, several tokens related to DeFi have seen huge uptrends, even as COMP rallied by over 100% percent and…