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Farming
MoonBaby Exchange - Moonbaby Token - Set Slippage 9%
Farming is a process where MNBY holders lock up their tokens for rewards. It allows you to earn a fixed or variable interest by putting your MNBY in the DeFi market, where liquidity is being provided. In other words, yield farming consists of lending MNBY through a its network in exchange for interest. Let’s think about the traditional fixed term where we put our money at the disposal of the bank, who blocks it for a set time. At the end of the term, the bank returns the capital plus interest. The bank itself uses that money as liquidity for its operations. The fundamental premise of Crypto Farming is based on this mechanism.
Last modified 19d ago