Yield Farming, NFTs, and Hardware Wallets: Practical Myths and Mechanisms for Multiplatform Crypto Users
Surprising fact: many retail crypto users think “yield farming” is just passive income with little management—when in reality, yield farming is an active market-making and risk-allocation strategy that often requires frequent moves, gas-cost accounting, and an explicit tolerance for smart-contract and composability risk. This article unpacks the mechanisms behind yield farming, clarifies how NFTs change …