Yield farming is the practice of putting (staking and lending) one’s cryptocurrency into a pool with other users in order to earn incentives or interest. Yield Farming Tokens have a total market capitalization of $10,055,089,763 and a total trading volume of $918,936,936 in the last 24 hours.
Note: This List is sorted by their market capitalization from lowest to highest
Vesper (VSP)
- Price Unit: $0.3552
- Market Cap: $3,188,328
- Distinct Features: Before being put into use, Vesper’s yield-generating techniques are independently audited twice.
A platform of DeFi primitives called Vesper Finance is designed to make users’ funds not just stay idle but used to bring in more benefits. Vesper serves as a “metalayer” for DeFi, routing deposits to investment possibilities with the highest yields that fit the pool’s risk tolerance. Products are auto-compounding and non-custodial.
Vesper’s internal architecture allows for a set-and-forget experience at scale thanks to a novel method that permits yield aggregating strategy to be updated, changed, connected, and used concurrently without adding any additional effort to the end user.
Vesper offers a framework for Decentralized Finance (DeFi) products that are simple to use. The primary economic engine that supports the development and growth of Vesper’s capabilities and community is the Vesper token (VSP).
Exchange: VSP is currently trading live on Gate.io, Uniswap (V3), LATOKEN, Poloniex, and Hotbit.
Scallop (SCLP)
- Price Unit: $0.1552
- Market Cap: $7,708,324
- Distinct Features: It is the first banking service that enables seamless crypto to fiat and vice versa transactions by connecting banking accounts directly to hardware or digital wallets.
Scallop is a cutting-edge decentralized finance ecosystem created to give customers a quicker and more effective way to safely handle crypto and fiat assets in one location. To encourage the widespread adoption of cryptocurrencies in daily life, Scallop is a powerful platform that combines decentralized financial services with banking features, including bank accounts, cards, remittances, and much more.
Several native use cases for the Scallop token (SCLP), include obtaining trading bonuses, staking, paying transaction fees, etc.
For both people and institutions, Scallop provides standard banking services with significant cryptocurrency and DeFi integration.
Exchange: SCLP is currently trading live on KuCoin, Gate.io, and MEXC.
BabySwap (BABY)
- Price Unit: $0.0276
- Market Cap: $9,674,123
- Distinct Features: BabySwap doesn’t retain your money while you trade, in contrast to centralized exchanges; you own all of your tokens, and you can trade right from your wallet.
The most popular MetaFi platform on the BNB Chain, including AMM, NFT, and Metaverse, is called BabySwap. Here, you can trade, make money, and have fun. Regardless of your experience level with cryptocurrencies, BabySwap will satisfy all of your needs.
As a Trader, you will identify prospective baby projects on BabySwap in a timely manner and watch them develop through trading, farming, bottling, etc. You can also earn free BABY by engaging in trade mining.
As a Project, BabySwap offers the best support, including a growth fund, arbitrage support, interesting activities, resource connections, a friendly user interface, etc.
Exchange: BABY is currently trading live on BitMart, Gate.io, XT.COM, MEXC, and LBank.
Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any projects.
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