Liquidity Mining Is Dead. What Comes Next?

Liquidity Mining Is Dead. What Comes Next?
Liquidity mining is dead, and trying to figure out the best way to replace it is the focus of one of crypto’s hottest subsectors.The primary driver behind 2020’s “DeFi Summer” craze, liquidity mining refers to the practice of a protocol incentivizing user deposits with token rewards.In recent months, however, liquidity mining has come under fire for being an imprecise incentivization tool often attracting mercenary farmers.As a result, a range of novel new services such as bonds, time-weighted voting systems, and DAO-to-DAO-focused stablecoin issuers have emerged to replace it – a broad range of advancements with the potential to permanently alter…