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From today, December 14, 2020, you can buy and trade our YLD token on Uniswap and BitMax.Note that YLD is only available on these platforms for now!

Decentralized finance (DeFi) is changing the way we think about banking. One of its most impressive traits, however, is actually its ability to mimic traditional finance. We’ve become accustomed to a certain relationship with banks, with customers borrowing and banks lending. DeFi flips finance on its head by allowing users to be borrowers and lenders, effectively taking out the middleman.

In the past year, DeFi has found creative ways to allow users to borrow and lend crypto assets, successfully creating shared, public, and decentralized lending platforms for the blockchain space.

The potential to earn passive income from DeFi is vast, and opportunities abound in this exciting space of ever-evolving platforms, protocols and exchanges. However, this new testing ground is not without its pitfalls and requires a steady hand to navigate. To help you find your way, we have broken the process down to its core elements.

While the world faced unprecedented global challenges, the crypto space turned bullish again as developments in decentralized finance (DeFi) spurred incredible wealth generation for many. By most measures, DeFi exceeded expectations as the total value locked (TVL) grew from $700 million to $15 billion, a remarkable 2,100% increase. DeFi saw a huge expansion in critical infrastructure, including borrowing and lending, decentralized exchanges, yield farming, and insurance.

The price of doing business in DeFi, gas fees are the charges levied by developers to process transactions on the Ethereum blockchain - where the vast majority of DeFi transactions happen.

Liquidity pools help and keep you from being exploited by stop losses and high trading fees. Many have lost and jumped out of a potential profit trade due to wrong stop losses positioning. With the right knowledge, you can hop off the train of constant losses and maximize liquidity.