Forget time-consuming DeFi practices — Simple solutions for auto-farming

cointelegraph.com:

The world of decentralized finance (DeFi) opened a vast array of new opportunities with its explosion in 2020, but it also brought new challenges and profound risks to crypto users.

Due to its decentralized nature and short history, the industry is difficult to regulate and can hardly provide a secure environment for its players.Nowadays, anyone with access to the internet can lend, trade or borrow funds without the need for third-party intermediaries and participate in the DeFi space with next-gen financial tools forged on the blockchain and the help of smart contracts.DeFi protocols include financial instruments developed to help investors maximize revenue and passive income, with the following being the most popular:However, the risks associated with these financial activities can bring high losses if disregarded.

Scams and rug pulls can trick investors into fraudulent businesses that can steal their funds and disappear. Hackers can also exploit smart contract vulnerabilities to steal users’ funds.

Market risks due to high-volatility movements can compromise the value of digital assets. Still, developers are working on bringing safer and more secure investment opportunities to the blockchain.Uno.farm is a cross-chain auto-farming solution with automated strategies, smart analytics and a yield-generator tool created to mitigate the risks associated with DeFi while helping users maximize yields with the latest cutting-edge instruments.The platform helps reduce risks by pre-auditing all yield sources before making them available to users.