Review on Yield by Shalom Kolawole
Yield help the farming and in the time of covid-19 pandemic.
yield farming is a platform that involves lending crypto currency. Now people will be saying that it sounds strange, yes but is very platform. If anyone who say he/she unlike the established currencies that means you have lots of money in circulation. The yield have the only value if enough for people to use the platform.
How it works and is so the apps you need to download the app for easy enjoyment. Is also the most basic approach is to lend digital coin. Is also the largest service and currently has nearly $550 million in funds. It has a very low risk in the platform. Is also good to do early investor often hold large share (like me and other) of reward tokens and the moves to sell could also have a huge impact on the tokens prices.
I have been able to earn interest by lending my crypto currencies for several years through a apps like BLOCKFI. Yield farming get so hot is because of the amid of the covid-19 pandemic.
Pros
- The reward can be so far greater than traditional investment
- You are able to get reward
- It has no high risk issues
Cons
- Is not well-known
New products
Comments (1)
January 30, 2021
With the rise of interest in Decentralized Farming methods, I don't see why Yield shouldn't have a high Total Value locked in it's vault. I see a lot of prospects in this project and I hope they meet these expectations
