🚀 Gate Square “Gate Fun Token Challenge” is Live!
Create tokens, engage, and earn — including trading fee rebates, graduation bonuses, and a $1,000 prize pool!
Join Now 👉 https://www.gate.com/campaigns/3145
💡 How to Participate:
1️⃣ Create Tokens: One-click token launch in [Square - Post]. Promote, grow your community, and earn rewards.
2️⃣ Engage: Post, like, comment, and share in token community to earn!
📦 Rewards Overview:
Creator Graduation Bonus: 50 GT
Trading Fee Rebate: The more trades, the more you earn
Token Creator Pool: Up to $50 USDT per user + $5 USDT for the first 50 launche
# Farming in DeFi: Your Money Works While You Sleep
Tired of your crypto just sitting in your wallet doing nothing? Farming is basically your way to earn passive income in DeFi.
**The idea is simple:**
- Put your crypto into a liquidity pool
- Other users trade or lend with it
- You receive commissions + reward tokens
It's like being a lender at a bank, but without the bureaucracy and with much juicier returns than any traditional deposit.
**Real example:** You put 1,000 USDC into Uniswap, and in a month, you earn 50-100 USDC in interest. At a bank? Maximum 1-2% annually, haha.
**But watch out for the risks:**
- The price of your crypto can drop while it's locked up (impermanent loss)
- Bugs in smart contracts = lost funds
- Returns depend on the volatility and volume of the pool
The good? Your money works 24/7. The bad? You need to stay alert or you'll end up holding bags.