The popular decentralized exchange, Uniswap, is having one of its latest governance proposals stonewalled by the crypto venture capital giant Andreesen Horowitz (a16z). The ongoing proposal vote, which ends on February 10, is currently 38% weighed against the change – almost entirely due to the software investor. So Much for Decentralization The proposal, tabled by 0xPlasma Labs on February 2, would have Uniswap v3 deployed to BNB chain. To enable the deployment, the proposal chose to use Wormhole – an…
Liquidity Mining
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…
Block Education
@BlockEducation
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