What is Liquidity Mining?

Liquidity mining is a process where a cryptocurrency exchange or other platform offers rewards to users who provide liquidity to a particular market or trading pair by placing orders that make it easier for others to buy and sell assets. These rewards may be paid in the form of the asset being traded or in some other cryptocurrency. Liquidity mining is often used to incentivize users to participate in a particular market and help improve its liquidity, which is the…