lessonΒ·20 minΒ·Chapter 1 of 3
Yield Farming Strategies
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Upgrade to ProYield farming is the practice of maximizing returns by strategically deploying assets across DeFi protocols. Basic strategies: provide liquidity on DEXs and earn trading fees, lend assets on Aave/Compound for interest, stake tokens for protocol rewards. Advanced strategies: leverage yield farming (borrow against deposits to multiply exposure), yield aggregators (platforms like Yearn that auto-compound and optimize strategies), and cross-protocol strategies combining multiple protocols for enhanced yields.
π‘ Key Takeaway
This lesson covers the fundamental concepts. Make sure you understand these before moving to the next chapter.