Yield farming is a crypto-specific activity that came with the invention of DeFi, or decentralized finance. DeFi is a new area in crypto and the popular yield-generating platforms are still in their infancy. In crypto yield farming, you need provide your token to a liquidity pool that powers a decentralized exchange, a marketplace or a blockchain-based app. Your token can be used in a number of activities, as simple as lending and trading but possibly also much more complex. In exchange for locking up your token into the pool, you earn a small fee (the yield). Why did yield farming pay such high yields in the past? In the past yield farming used to pay much higher yields. It was very profitable, but drove a lot of imitators who dumped a large number of tokens into the pools and eventually raised the fees so high that it made less sense for new yield farmers to try it out, creating a downwards spiral. In 2022, yields are much lower. There are several reasons for this, but the main re