Yield Farming on DEXs: How Liquidity Pools Really Pay (and When They Don’t)
So I was thinking about yield farming the other day. It’s messy. Really messy. But also fascinating in that chaotic, get-rich-or-learn-fast kind of way. Traders jump into liquidity pools chasing double-digit APYs and shiny token emissions. My instinct said: tread carefully. And yet, there’s real alpha if you understand the plumbing beneath the hype. Here’s the thing. Yield farming isn’t…
