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Liquidity Mining (staking) for social tokens

By [uitoj](https://paragraph.com/@uitoj) · 2022-08-30

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Social tokens are digital currencies that have shown their efficiency in building successful digital economies. Put simply, social tokens serve to incentivize contributors to help a community grow by rewarding them in this digital currency. As you can imagine, [well-designed incentives](https://coinvise.substack.com/p/how-to-design-great-incentives) can be extremely powerful. They can make a project tremendously grow. Incentives are ideal when it's mutually beneficial to contributors and community leaders as it will create positive-sum games where everyone has an aligned interest.

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*Originally published on [uitoj](https://paragraph.com/@uitoj/liquidity-mining-staking-for-social-tokens)*