DeFi technology is emerging as a financial revolution to hit the global financial industry. There are a lot of DeFi protocols that have an insane potential to create a major change in financial activities. Cryptocurrencies tokens are always known for its high yielding ROI. Investors make use of DeFi strategies effectively and getting the price of these digital assets multiplied overnight.

Yield Farming in DeFi is an ultimate strategy to generate rewards by investing cryptos in the DeFi market. In simple terms, Yield Farming means holding up digital assets and getting a fixed or variable interest or fees as rewards.Yield farming in some cases referred to as Liquidity Mining where the liquidity providers add the invested funds to the liquidity pools.

Smart Contracts are building blocks of a Yield Farming platform, the entire functioning of the platform is based on the self-executing Smart Contracts developed on the Blockchain network.

The Yield Farming Smart Contracts will automatically execute transactions if certain conditions are met - offers much more flexibility to the DeFi protocols. So before launching a Yield Farming platform, you should double-check or audit the smart contracts of your Yield Farming project. A single bug in Yield Farming can disrupt the entire DeFi protocols associated with the Yield Farming platform.

The majority of the DeFi products including Yield Farming make use of Ethereum Blockchain for building Smart Contracts. Ethereum programming language - Solidity, is specifically designed for creating and deploying such smart contracts.

The introduction of Yield Farming in DeFi space has created a new hype in the DeFi adoption among people. There are a lot of DeFi protocols which accelerates the growth of Yield Farming in the DeFi ecosystem. Simply, “The Yield Farming rocket fuels the DeFi economy”.

Yield Farming Protocols are the Yield Farming strategies that have their own rules & regulations coded on the Blockchain smart contracts. The success of the DeFi Yield Farming project is mainly based on Yield Farming Protocols in practice.

DeFi Yield Farming creates easier options for borrowing & lending in the financial sector. More importantly, DeFi operates on the blockchain that is accessible to anyone in the world with the internet.