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The yield aggregator platforms use various yield strategies to optimize returns for investors. Yield strategies include:

The concept of yield farming gained popularity with the creation of COMP, the governance token of the DeFi lending protocol Compound. This protocol rewards users with newly-minted COMP tokens when they use lending and borrowing services, a process known as “liquidity mining.”

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Portal’s cross-chain flexibility provides a reliable and effective way to conduct lower value copyright transactions spanning many blockchains.

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In addition to earning interest when lending and fees when Know More providing liquidity, yield farming participants can earn governance tokens, incentivizing early adoption of the platform.

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Thanks to highly developed routing techniques, it provides low slippage and cost-efficient transactions. This makes it the best option for a customer needing cross chain small scale transactions with limited costs and delays.

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Yield farming is a concept that has emerged in the DeFi industry, which involves locking up cryptocurrencies to generate rewards. A DeFi yield aggregator is a type of smart contract that automatically pools investors’ copyright assets and invests them in a portfolio of yield-paying products and services through pre-programmed strategies.

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The interoperability frameworks make the inter blockchain wireless communication possible and thus Polkadot, Cosmos and Chainlink oracles are used for this purpose.