Any investment involves balancing risk and reward, but few are as risky or as rewarding as “yield farming,” a booming segment in crypto. Yield farmers put up capital in the hopes of receiving high returns, often in the double digits. “Liquidity mining” is one common strategy in which yield farmers lock up tokens in exchange for fees. Yield farmers, in this way, function as market makers, earning from each transaction while also taking on price risk if their locked-up tokens rise or fall in va...