Review on Yield by francis fernandez
a way to reproduce your digital assets
Both at the level of trading or investment method, and to improve our personal finances; we are always in search of increasing our capital and achieving better returns in different modalities or financial instruments.
YieldFarming offers its users an investment alternative, hand in hand with blockchain technology and non-custodial finance platforms.
YieldFarming's financial strategy is to produce new returns from the transfer of use of our portfolio of assets. That is, we act as digital money lenders and in return we receive returns in cryptocurrencies.
The people who participate in YieldFarming as lenders are known as liquidity market providers; They are the users who contribute their deposits to the reserves or liquidity funds.
What resources do we use in our work as a cryptographic lender?
This is the best part; To serve as lenders in the YieldFarming ecosystem, we make use of blockchain technological resources such as smart contracts. This generates great advantages:
Immutability of the data stored in the blockchain, which makes it impossible to alter the conditions established in the contract
Faithful compliance with the terms of the financing granted
Collection of interest within the established period, without risk of delays
Obtaining yields safely with an efficient protocol
Confidential use of financial market strategies
Free access to the incorporation of its platform, through the use of a secure wallet and the internet
Use of a profitable financial instrument without the need for intermediaries and free from central control
Efficient use of liquidity generating protocols
Staking of assets to obtain returns from them
Rapid creation of liquidity markets
Based on these premises provided by the use of the non-custodial finance ecosystem under the YieldFarming modality; We can conclude that this platform constitutes a very useful resource as an investment instrument to multiply our portfolio of assets.
Pros
- It allows you to generate returns through the use of your digital currencies
- It allows you to become a lender to generate commissions in return
- Safe way to generate passive income from your asset portfolio
- Promotes the use of smart asset mobility strategies in multiple markets
- It works without intermediaries or control of external agents
Cons
- Your funds or deposits must remain immobilized
