# Derek

By [Untitled](https://paragraph.com/@0x53921a95628bbbb48d17dcda2f32dfdcb03562b9) · 2024-04-27

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Can you explain the concept of yield farming and liquidity mining and how they incentivize liquidity provision and participation in DeFi protocols?

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*Originally published on [Untitled](https://paragraph.com/@0x53921a95628bbbb48d17dcda2f32dfdcb03562b9/derek)*