I'm interested in learning about farming crypto coins. I want to understand the process, the requirements, and any tips or strategies that can help me get started with crypto farming.
7 answers
Chiara
Thu Dec 12 2024
Additionally, the smart contract is responsible for monitoring and recording the rewards earned by the depositor.
Eleonora
Thu Dec 12 2024
Yield farming operates on a principle where DApps incentivize users to deposit their cryptoassets.
MountFujiVista
Thu Dec 12 2024
To attract deposits, DApps offer rewards to those who contribute their funds.
Tommaso
Thu Dec 12 2024
To acknowledge the deposit, the smart contract issues a unique token to the depositor.
Bianca
Thu Dec 12 2024
When a user decides to participate in yield farming, they transfer their cryptoassets to a smart contract.