Disclaimer
Last updated
Last updated
Yield Farming/Staking has become a popular way to make a profit in crypto without trading coins. As of April 2022, the total value of cryptocurrencies staked exceeded the $280 billion threshold, according to .
DeFi staking can be risky, and for this reason, you are encouraged to DYOR. Crypto prices are volatile and can drop quickly. The volatile and unpredictable nature of the price of cryptocurrencies may result in significant loss. If your staked assets suffer a large price drop, that could outweigh any interest you earn on them. Staking rewards cushion your losses somewhat. While your coins drop in value, at least, you will get passive rewards.
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