Yield Farming begins with Liquidity Pools and requires Liquidity Provider Tokens (LP Tokens). To learn more about this, visit the Pools section. Yield Farming is when users take their Liquidity Provider Tokens, and put them all together in a pool for greater rewards. This is known as Yield Farming, and is one of the methods used by Auto-Harvesting.
Farming comes with risk. As fundamentally, Farming sacrifices the earnings in their original format, to earn the token of the platform. This can result in Impermanence. Payouts are in the native token VyFi.