What is DeFi Staking, Swapping, and Farming?

With Bitcoin’s introduction back in 2009, the concept of a decentralized ledger facilitated by blockchains was brought to the mainstream. Then came the notion of DeFi- or decentralized finance, and with it came a host of applications that provide traditional financial products and services like lending and insurance with a decentralized twist. 

Staking, swapping, and farming are all features of the advanced DeFi space in 2022, over a decade after the OG decentralized currency came out. What do these features entail, however? Just in case you are still curious about the terms, let’s find out their details in this post!