Farming in cryptocurrencies is a way to earn passive income by providing your assets for use in financial protocols. Simply put, you "rent out" your crypto so that others can use it for trading or lending, and in return, you receive rewards. This is often done through a liquidity pool, where users deposit tokens to ensure the smooth operation of decentralized exchanges and DeFi services. The higher the demand for liquidity, the greater the potential profit.
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Farming in cryptocurrencies is a way to earn passive income by providing your assets for use in financial protocols. Simply put, you "rent out" your crypto so that others can use it for trading or lending, and in return, you receive rewards. This is often done through a liquidity pool, where users deposit tokens to ensure the smooth operation of decentralized exchanges and DeFi services. The higher the demand for liquidity, the greater the potential profit.