What is liquidity mining in DeFi (Flux liquidity mining)?
What is liquidity mining in DeFi? According to official sources, liquidity mini
What is liquidity mining in DeFi? According to official sources, liquidity mining in DeFi is a token distribution platform based on liquidity. In decentralized finance, users provide liquidity to acquire assets and governance tokens such as MKR within the protocol.
According to Debank data, there are currently 6 mainstream trading pairs in DeFi projects: UNI, CRV, and BAL, with a total value locked (TVL) exceeding 1 billion USD. The second-ranked project is COMP, with a locked value of 300 million USD.
Flux liquidity mining
According to official sources, Flux liquidity mining will officially launch on June 20, 14:00 (GMT+8). Users can acquire FLX rewards by staking FT-USDTLP and FT-BNB/FLUX trading pair LP tokens.
It is reported that Flux is a decentralized digital asset exchange protocol built on the Ethereum network. Its underlying technological innovations include a high-throughput proof-of-work algorithm, a programmable smart contract platform, and cross-chain asset transfer capabilities. Additionally, Flux uses permissionless oracles and a decentralized ledger owned by the community, enabling one-click, peer-to-peer transfers and queries, as well as anonymous transfers through the Lightning Network.
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