A few days ago, $AAVE and $LINK involved defi. Today, let's talk about defi farming. Defi is the abbreviation of Decentralized Finance, which means decentralized finance. Specifically, it refers to extracting encrypted assets from exchanges to the chain. There will be various financial agreements on the chain, such as lending, exchanges, pledges, re-pledges, machine gun pools, option trading, coin minters... You use your own assets to participate in these agreements and get various returns. This process is farming, which is actually investment and financial management.
The experience of defi is a bit like playing web games. Going to various agreements to collect income every day is like collecting vegetables, but what you collect is not game coins, but real money that can be converted into cash.
The advantage of defi is that the income is higher than traditional finance, and the disadvantage is that the risk is high. You must know that the anonymous network is equivalent to a jungle society. 100% of those who take the initiative to talk to you in the community are not kind. Many people who play this will encounter hacker incidents, and their wallets will also be attacked. It is very rational to say that more than 95% of people are not suitable for this matter, but there are people who are stubborn and do not believe in evil.
