Decentralized Finance (DeFi)

Yield Farming

Also: Liquidity Mining

Moving crypto between DeFi protocols to chase the highest returns, often paid in the protocol's own token. Headline yields can vanish quickly, and the incentive tokens may drop in value faster than they pay out.

General education, not investment, legal or tax advice. Markets and regulation change quickly: where a definition depends on current law or on a recent event, check the latest coverage before relying on it.