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What is yield farming?

Yield farming is the process of staking your cryptocurrencies to earn more of them as passive income. Essentially, you’re adding liquidity to a platform and earning rewards in the form of interest for doing so. The process is similar to holding traditional fiat in a savings account.

What is fast BNB?

Fast BNB is based on a smart contract transaction protocol that will automatically implement the terms of a contract amongst all users. Of course, smart contracts have their own rules and terms of engagement while transacting. Fast BNB starts with as low as 0.1 BNB. Note, there is no limit on the higher side.

Is Defi yield farming a good investment?

While DeFi yield farming can be lucrative, it's often times risky. One of the largest risks in yield farming is the volatility of digital assets being used to farm with. Even if you make 25% APY on a token, if the token depreciates 50%, you're significantly down on your investment after a year of farming.

Can yield farming increase your returns?

If things go well, however, yield farming can also increase your returns. Yield farming involves using "decentralized finance" to earn crypto income in the form of interest or rewards. Yield farming is a way of earning rewards by depositing cryptocurrency with decentralized finance services.

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