> For the complete documentation index, see [llms.txt](https://liquidx-3.gitbook.io/liquidx-whitepaper/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://liquidx-3.gitbook.io/liquidx-whitepaper/12.-yield-farming.md).

# 12.  Yield Farming

Yield farming is LiquidX's core value proposition for token holders. Unlike many DeFi projects that pay yield through token inflation (simply printing more tokens, which dilutes everyone), LiquidX's yield is backed by actual protocol revenue generated through lending activity.

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