Liquidity Mining: A Deep Dive into DeFi’s Yield Farming Phenomenon

Explore liquidity mining in decentralized finance (DeFi), how it works, and how you can earn rewards by providing liquidity.

The cryptocurrency space is evolving, bringing the entire financial system, its offerings, functionalities, and more on-chain, on chain, where generating passive income goes beyond the usual trading activities. Many newcomers face challenges in making profits through trading due to a lack of expertise. Fortunately, there are various alternatives to explore, such as options trading, staking, yield farming, and liquidity mining.

Among these, Liquidity mining has emerged as prominent trend in the decentralized finance (DeFi) ecosystem. This approach rewards users for providing liquidity to liquidity pools by distributing incentives, typically in the form of native tokens or other digital assets.

Continue reading A Comprehensive Guide to Liquidity Mining (zeebu.com)