Too Long; Didn't Read
Leveraged yield farming is the practice of borrowing funds in order to boost returns. The top products on the market offer users the ability to borrow anywhere between one and three times their holdings. One can employ different strategies, such as shorting one token while longing another as a hedge against volatility (this is only possible when leveraging by 2x or more). The main risks involved in farming and leveraging are impermanent loss, liquidation, and hacks.