Terenval Crypto Glossary · Русская версия
Yield farming
Definition: Yield farming is the practice of moving or depositing crypto assets into DeFi protocols to seek fees, token incentives or other returns.
Returns can change quickly and may depend on token prices, liquidity incentives, leverage, smart-contract design and governance decisions.
How this concept appears in Terenval Wallet
Terenval may be used to sign transactions into compatible external DeFi positions, but advertised yield is not an ordinary property of the wallet balance.
Important: High displayed APY does not guarantee profit and can hide token, liquidity or protocol risk.
Try Terenval Wallet
A non-custodial mobile wallet with WalletConnect for compatible dApps.
Install Terenval WalletA non-custodial mobile wallet with WalletConnect for compatible dApps.
Related terms
Related Terenval Answers
- How to Secure a Non-Custodial Crypto Wallet
- How to Send Crypto Safely Between Wallets
- Can One Crypto Wallet Manage Multiple Blockchains?
Sources and review
Terenval product statements are first-party information.