Yield Farming
The cornerstone of DeFi - yield farming. Yield farming is a way for you to earn interest on your crypto assets by lending them out to other users with the magic of smart contracts. In return for using your assets as collateral, users pay an interest and you are entitled to your cut of whatever they pay as a fee.
Essentially we're doing bank stuff without being a bank, and reaping all the rewards that the banks usually keep to themselves. Hence the term decentralized finance, or DeFi. Pretty neat, huh?
Now that you understand what yield farming is, let's get you started on the actual farming. Here on Kebab Finance we allow users to stake our governance token, KEBAB, to earn rewards like BNB or BTCB. To start staking, all you need to do is head to our staking pools page -
Then approve your KEBAB for staking, deposit them into the pool, and start farming delicious yield. It's as simple as that! Whenever you want to withdraw your funds and rewards, just unstake and you should get it all back into your wallet.
If you would like to learn more in-depth information on yield farming, you can head over here.
Last modified 6mo ago
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