DeFi Yield Farming Explained: What Crypto Projects Should Know in 2026
DeFi yield farming today barely resembles the farm-and-dump carnival of 2020. That cycle ran on token emissions with no revenue behind them, and it ended the way those things always end. What survived the 2022 to 2024 bear market was different in kind: yield sourced from actual protocol revenue, points programs that delay dilution, restaking












