DeFi Yield Farming Cost Me $5,000

Over the past two weeks, I lost $5,000 in DeFi yield farming. DeFi has been hyped considerably over the past few months, and under repeated suggestions from friends, I finally decided to enter the space two weeks ago. The following are my insights after losing $5,000 in DeFi farming yields, hoping to provide you with some inspiration. 1 Yield Farming Rewards "Liquidity mining" is currently a must-do activity for playing DeFi. People pledge some tokens in smart contracts, provide liquidity to trading pools, and receive native token rewards in return.