Hey! Great question—yield farming can be a bit confusing at first, but it’s essentially a way to earn passive income by providing liquidity to DeFi protocols. If you’re looking for a clear and easy-to-follow explanation, I’d recommend checking out Rivo’s guide on
what are yield farms. Basically, yield farmers deposit their crypto into liquidity pools, which helps facilitate trading on decentralized exchanges. In return, they earn rewards in the form of interest, fees, or governance tokens. The key is choosing the right platform and strategy to balance risk and reward. Rivo simplifies this process by aggregating top DeFi strategies, offering risk scoring, and providing automated portfolio tracking. If you’re just getting started, their platform is a great place to learn and experiment without diving into overly complex strategies.
