Yield farming is a common practice in the DeFi sector that is used to maximize returns. It can be used to earn crypto. A yield farmer can use numerous tactics to maximize output. For instance, they can shift between coins and multiple platforms to maximize their gains. While there are numerous yield-farming platforms, there are those that stand out from the pack. Two good examples are Apeswap and Lido Staked ETH.

Lido Staked ETH represents a staked asset in the Lido protocol. Lido is a blockchain-based platform that offers liquidity for staked assets. It provides Ethereum staking facilities on multiple networks, including a staking solution for Ethereum 2.0. At present, it covers Ethereum 2.0 and the Terra Network. In the future, there are plans to add Aave and Solana.

(by Mark Peterson)