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Blog iconTom Howard
Sep 21

Non-Parasitical Liquidity Mining Rewards

Liquidity mining rewards are broken, let’s fix this! The design of many liquidity mining programs very extractive and parasitical, where projects are giving rewards in hopes of bootstrapping their liquidity, but the liquidity providers that farm either end up extracting and destroying project value. The lifecycle of most DeFi projects tends to go something like this:Launch protocol + token with certain priceIssue liquidity incentives in token with high APYApes add liquidity, TVL goes up, liqu...

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The Trouble With DeFi Options and How to Fix Them

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Non-Parasitical Liquidity Mining Rewards

Tom Howard

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thoward5000
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