Yield farming crypto can generate passive returns on holdings using decentralized finance (DeFi) protocols — but participating in it is very rarely a passive endeavor. Yield farmers often execute complex strategies, moving crypto assets between platforms to maximize liquidity mining returns. More recently, leveraged DeFi yield farming protocols have begun to issue under-collateralized loans to liquidity providers and yield farmers. Through this mechanism, users borrow crypto assets to increase exposure to risk and reward. The rapid growth of decentralized finance (DeFi) has been...

Cryptocurrency’s promise is to make money and payments universally accessible – to anyone, no matter where they are in the world. The Decentralized Finance movement takes that promise a step further. Imagine a global, open alternative to every financial service you use today — savings, loans, trading, insurance and more — accessible to anyone in the world with a smartphone and internet connection. As an investor in the space, it has been remarkable to witness the growth and maturity of defi protocols over the last few years. This is a movement that is gaining steam in every corner of...