TL;DR —
Experts from Platinum Software Development Company have taken an analytical dive into the current state of yield farming. Yield farming is a fresh way for users to earn passive income in the DeFi ecosystem by making more cryptocurrency with their existing holdings. Currently, yield farming is generally executed on the Ethereum blockchain and its ERC-20 standard, but this might change in the future as the demand for yield farming grows. The experts believe that at some point yield farming strategy will shift towards being blockchain-agnostic and will be supported by other types of blockchains.
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Written by
@anton-dzyatkovskii
CEO and co-founder of Platinum Software Development Company. Blockchain enthusiast, blogger.
Topics and
tags
tags
defi|blockchain|cryptocurrency|yield-farming|blockchain-technology|hackernoon-top-story|defi-top-story|cryptocurrency-top-story
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