How do YieldFarming “swap” projects work?

RJH van de Kimmenade
Jun 13 · 9 min read

This is general beginners guideline of using “swap” yield farming projects on Polygon and Binance Smart Chain (and probably on other protocols the concepts are the same as well). I call them “swap” projects because in my opinion they all have the same concepts as Uniswap on Ethereum, one of the first AMM projects in DeFi land.

I will explain the following basic functionalities of those projects. Not all projects have all these features but this is a list that a project can support.

  • Trade
  • Farms