Yield Farming
Yield Farming
The concept of "farming" in cryptocurrencies is a type of investment strategy that involves allocating cryptocurrencies to a "staking" or "liquidity mining" platform to earn rewards in the form of new coins or tokens. In other words, users provide liquidity to a cryptocurrency protocol and, in exchange, receive rewards in the form of more cryptocurrencies.
In CEX AI, the farming concept will be applied in several ways. One way is through staking or liquidity incentive programs, where users can deposit their cryptocurrencies into a wallet designated by CEX AI and earn rewards for doing so.
Yield Farming in CEX AI
In CEX AI, the farming concept is through liquidity pools. Our users will be able to deposit two different cryptocurrencies into a liquidity pool on CEX AI and receive rewards in the form of a new token that represents their participation in the pool. This new token can be traded on CEX AI, which allows users to profit from the token's increased value.
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