metawerokad@hotmail.com
hotmail.com · Joined 2025-12-18 · Last active 2026-01-17
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Recent Conversations (30 messages)
What is yield farming?
Jan 17, 11:19 AM
Yield farming, also known as liquidity mining, is a DeFi strategy where users lock or provide their crypto assets to a protocol in exchange for rewards. **How it works** 1. **Provide liquidity** – Deposit tokens into a liquidity pool (e.g., on Uniswap, Curve, or Balancer) or stake them in a lending/borrowing platform (e.g., Aave, Compound). 2. **Earn incentives** – In return you receive a share of the protocol’s transaction fees plus additional token rewards (often the platform’s native tok
What is staking in crypto?
Jan 17, 11:19 AM
Staking is a process in which cryptocurrency holders lock up (or “stake”) their tokens to support the operations and security of a blockchain network that uses a Proof‑of‑Stake (PoS) consensus mechanism. In return for staking, participants earn rewards, typically paid in the same token. ### How Staking Works 1. **Locking Tokens** – You deposit a certain amount of the network’s native token into a staking contract or delegate it to a validator. 2. **Validator Selection** – The protocol randomly