
How I earn crypto through staking and yield farming
I stake my Ethereum (ETH) on chain through Lido. In return I receive a token called stETH which represents my stake and passively earns yield. I then put some of that stETH into a liquidity pool to earn more yield which is generated by trading fees from the pool. This second stage is called yield farming but is more high-risk than just staking, which is why I only allocate a small portion of my portfolio to it.— James Edwards, Cryptocurrency Editor