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Yield Farming 101

$20
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Yield farming is a means of earning interest on your cryptocurrency, similar to how you'd earn interest on any money in your savings account. And similarly to depositing money in a bank, yield farming involves locking up your cryptocurrency, called "staking," for a period of time in exchange for interest or other rewards, such as more cryptocurrency.

"When traditional loans are made through banks, the amount lent out is paid back with interest," explains Daniel R. Hill, CFP, AIF and president of Hill Wealth Strategies. "With yield farming, the concept is the same: crypto currency that would normally just be sitting in an account is instead lent out in order to generate returns."

This course is a tutorial on how to safely yield farm and generate passive income from your crypto currency holdings.

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Size
1.17 MB
Length
12 pages
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$20

Yield Farming 101

0 ratings
Add to cart