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DeFi yield farming

DEE-fy YEELD FAR-ming

ˈdiːfaɪ jiːld ˈfɑːrmɪŋ

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Syllable breakdown

DeFiyieldfarming

Dictionary meaning

the practice of lending or staking cryptocurrency assets in decentralized finance protocols to earn interest, fees, or governance tokens; can generate higher returns than traditional finance but carries risks including smart contract bugs, liquidation, and impermanent loss

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