# Liquidity Mining & MCB Staking Programs 

**Published by:** [MUX](https://paragraph.com/@mux/)
**Published on:** 2022-08-02
**URL:** https://paragraph.com/@mux/liquidity-mining-mcb-staking-programs

## Content

After successfully launching the MUX protocol, we are thrilled to kick off the liquidity mining and MCB staking programs.Liquidity Mining ProgramStarting TimeAugust 2nd, UTC 0amHow to JoinGo to the Liquidity page on the MUX protocol.Use assets allowed by the MUXLP pool to buy MUXLP tokens.Please check the Liquidity Composition section on the MUX protocol for the allowed assets list. Example: ETH, BTC, BNB, AVAX, FTM, USDC, USDT, etcPlease note that there are fees for buying MUXLP tokens. The fees will be lower when the asset weight is below its target and higher when above its target.Stake MUXLP on Arbitrum to earn multiplexed protocol income (protocol fees and third-party DEX mining rewards) and MUX rewards.MUX uses Arbitrum as the base chain to handle multi-chain liquidity management and staking. Please bridge your MUXLP tokens to Arbitrum for staking.TutorialPlease check the Provide Liquidity section on the docs for a step-by-step tutorial.Protocol fees depend on the on-platform trading volume; third-party DEX mining profits will vary due to market conditions. Please check the Liquidity Multiplexing section on the docs for more details.Income AllocationThe protocol income collected from trading fees and DEX mining yield will be allocated as follows:Total Protocol Income × 50% × (1 - POR): Allocate for MUXLP stakers (in ETH)POR = Protocol Owned Liquidity / Total Liquidity1,000 MUX will be distributed to veMUX holders and MUXLP stakers daily, allocated as follows:1000 × (1-veRate) × (1-POR): Allocate for MUXLP stakersveRate = veMUX Total Supply / (MCB Circulating Supply + MUX Circulating Supply)MUXLP Profits & RisksProfit SourcesA portion of the protocol feesFunding paymentsMultiplexed third-party DEX mining incomeLiquidation penaltiesMUX token rewardsRisksSince the MUXLP pool is the counterparty of traders, MUXLP has positions holding related risks and can suffer lossesPooled assets price drawbackMCB Staking ProgramStarting TimeAugust 4th, UTC 0amHow to JoinGo to the veMUX Locked-Staking page on the MUX protocolLock MCB (from 2 weeks to 4 years) to receive veMUX, the community’s governance tokenveMUX tokens are minted when users lock MCB and / or MUX and will be burnt as the lock time decreases.Hold veMUX to earn multiplexed protocol income (protocol fees and third-party DEX mining rewards) and MUX rewards.MUX uses Arbitrum as the base chain to handle multi-chain liquidity management and staking. Please bridge your MUXLP tokens to Arbitrum for staking.TutorialPlease check the veMUX Locked-Staking section on the docs for a step-by-step tutorial.Protocol fees depend on the on-platform trading volume; third-party DEX mining profits will vary due to market conditions. Please check the Liquidity Multiplexing section on the docs for more details.Income AllocationThe protocol income collected from trading fees and DEX mining yield will be allocated as follows:Total Protocol Income × 50% × POR: Allocate for veMUX holders (in ETH)POR = Protocol Owned Liquidity / Total Liquidity1,000 MUX will be distributed to veMUX holders and MUXLP stakers daily, allocated as follows:1000 × (1-veRate) × (1-POR): Allocate for MUXLP stakersThe rest will be allocated for veMUX holdersveRate = veMUX Total Supply / (MCB Circulating Supply + MUX Circulating Supply)

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