Getting started with DeFi yield farming can be a daunting task for emerging DeFi enthusiasts and newbies. Prior to getting into the development lifecycle, one needs to be aware of a few terms that are important to develop the DeFi yield farming platform in a successful yet flawless manner.
Below mentioned are the must-know parameters for every market leader -
Lending: Individuals receive a return on the tokens locked with DeFi platforms Borrowing: Borrowing tokens allow individuals to utilize them as collateral in a separate protocol. Supplying coins: Smart contracts comprise tokens and coins are further supplied to liquidity pools.
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