What are the top DeFi Concepts?
DeFi stands for Decentralized Finance which represents a financial system product built on top of open-source and decentralized blockchains. Here in this guide, we will learn more about the DeFi Concepts. DeFi Concepts: Yield farming: It is the name that has been given to a new type of investment strategy that is carried out in the DeFi ecosystem . Users who practice this method take advantage of the rates of return of decentralized finance protocols, as well as the reward tokens that these platforms issue, to leverage the return on capital. To take advantage of investment opportunities in the market, yield farmers often take out loans, accumulate reward tokens, and deposit them into multiple protocols at once to increase the total profit they can make on these platforms just by using them. Liquidity mining: The practice carried out by users of the DeFi ecosystem to receive and accumulate a type of reward token, which is granted by the platforms to attract new client