Well since we're talking about mining here and DEFI is a hyped topic I think it's ok to say that
PEAKDEFI launched
liquidity mining yet very promising project.
I have many
DEFI projects in my portfolio but this one seems to be very underrated that's why I keep my eye on PEAK
Liquidity mining has been a very popular term in the DeFi sector for some time. By providing liquidity on a decentralized exchange, one can stabilize a trading pair and reduce price changes during a swap in the form of slippage. Normally, users only get the fees from the swaps as a reward for providing liquidity.
Well PEAKDEFI decided to go one step further and give extra bonuses which is great for us.
Whoever provides liquidity for the trading pairs within the next 30 days:
PEAK/ETH
PEAK/WBTC on
Uniswap will receive special rewards. After all, in
PEAKDEFI whitepaper they have already set some of the tokens for Liquidity Mining and they will be called now.
Users can now provide liquidity on Uniswap and will be rewarded with LP tokens afterwards. The LP tokens for the above mentioned trade pairs can then be used on
https://farming.peakdefi.com to earn extra rewards.
Let me know what you think about that and yeah I know now we go crazy for NFT and I went crazy about it as well but lets not forget about DEFI area