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What Is Yield Farming? | How to Earn Passive Income in DeFi
What is yield farming, and how can it help you earn more from your crypto?
In this video, we break down what yield farming is, how it works, and the most common strategies used across DeFi. From providing liquidity and staking LP tokens to auto-compounding vaults and incentivized lending, you’ll learn how yield farming lets users earn passive income by putting their crypto to work.
We also cover the key risk - like impermanent loss, smart contract bugs, and token volatility - so you can farm responsibly and with confidence.
📲 Download the Bitcoin.com Wallet app to explore DeFi and start yield farming today.
📚 Read the full article: https://www.bitcoin.com/get-started/what-is-yield-farming/
#yieldfarming #crypto
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VERSE, which launched in December 2022, is Bitcoin.com’s rewards and utility token. Get VERSE for free in the Bitcoin.com Wallet app, and use it to earn Bitcoin and other rewards.
VERSE is expanding access to DeFi, enabling more people to benefit from democratized finance and the economic freedom it unlocks.
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