Frequently Asked Questions

What is apy.farm?

APY Farm is a platform that tracks and compares Annual Percentage Yields (APY) across various DeFi protocols and yield farming opportunities. We help you discover the best returns for your cryptocurrency investments by providing real-time data, educational content, and yield strategies.

Our mission is to make DeFi yield farming accessible to everyone by simplifying complex concepts and providing the tools you need to make informed investment decisions.

What is Yield?

Yield refers to the earnings generated and realized on an investment over a particular period of time. In the context of DeFi (Decentralized Finance), yield is typically expressed as an annual percentage rate (APR) or annual percentage yield (APY).

How Does Yield Farming Work?

Yield farming involves lending or staking your cryptocurrency assets to generate returns. You can earn passive income by:

• Providing liquidity to decentralized exchanges (DEXs)
• Lending assets on lending platforms
• Staking tokens in various protocols
• Participating in liquidity mining programs

Risks to Consider

While yield farming can be lucrative, it comes with several risks:

• Smart Contract Risk: Bugs or vulnerabilities in the protocol's code
• Impermanent Loss: Loss experienced when providing liquidity to pools
• Market Risk: Price volatility of the underlying assets
• Rug Pulls: Projects that exit scam with users' funds

Contact Us

Have questions or feedback? We'd love to hear from you! Reach out to our team at team@apy.farm or follow us on X (Twitter).