Yield farming is one such investment strategy in DeFi. It involves lending or staking your cryptocurrency coins or tokens to get rewards in the form of transaction fees or interest . This is somewhat similar to earning interest from a bank account; you are technically lending money to the bank.
Read moreWhere can I buy DYP tokens?
The token is currently available on Binance Smart Chain, Ethereum and Avalanche . DYP is touted by some crypto proponents as a low cap gem with 1000x potential. The protocol’s new smart contract strategies for farm, stake, buyback, and governance will utilize iDYP to boost rewards for anyone using DYP products.
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