Kiwi Defi
Yield farming, also referred to as liquidity mining, is a way to generate rewards with cryptocurrency holdings. In simple terms, it means locking up cryptocurrencies and getting rewards.
In some sense, yield farming can be paralleled with staking. However, there’s a lot of complexity going on in the background. In many cases, it works with users called liquidity providers (LP) that add funds to liquidity pools. Liquidity pool is basically the smart contract that contains funds. In return for providing liquidity to the pool, LPs get a reward. That reward may come from fees generated by the underlying DeFi platform, or some other source.
KIWI FARMING is offering “liquidity mining” for liquidity providers. This means that anyone that borrows or supplies assets on KIWI will be rewarded with a proportional allocation following KIWI FARMING policy.
Last modified 10mo ago
Copy link