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JIBSWAP
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  • πŸ“–General
    • 🏷️Introduction
    • πŸ—“οΈToken listing
    • πŸ’§Airdrop
    • ⛏️Liquidity Mining
      • What Is Liquidity Mining?
      • How Does Liquidity Mining Work?
      • Benefits of Liquidity Mining
      • Risks of Liquidity Mining
      • Is Liquidity Mining Worth It?
    • πŸ§€Fees
  • πŸ‘¨β€πŸ’»Developers
    • 🐊Smart contracts
    • βš™οΈOpen APIs
    • βœ…Contract verification
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  • ⛏️Liquidity Mining
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  1. General
  2. Liquidity Mining

Benefits of Liquidity Mining

PreviousHow Does Liquidity Mining Work?NextRisks of Liquidity Mining

Last updated 1 year ago

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Since the relationship between the DEX, liquidity pools, and liquidity providers is symbiotic, liquidity mining benefits all parties involved. Some of the benefits include:

  • LPs earn rewards: Liquidity mining rewards liquidity providers with a yield similar to staking. The process is autonomous and on-chain, ensuring equal distribution of rewards.

  • Decision-making rights: Since the rewards are in the protocol’s native token, holders gain voting rights within the ecosystem.

ref:

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https://unchainedcrypto.com/what-is-liquidity-mining/