Pantera Leads $18M Round for Rift’s Liquidity Mining Alternative

DAOs, which are organized around a core mission and shared treasury, often issue tokens for governance and utility purposes, and also use the tokens to incentivize user deposits, a process called liquidity mining. Critics have said that liquidity mining offers imperfect incentivization and attracts temporary “farmers” who soak up the rewards and leave when the well runs dry.

Source: https://www.coindesk.com/business/2022/02/08/pantera-leads-18m-round-for-rifts-liquidity-mining-alternative/?utm_medium=referral&utm_source=rss&utm_campaign=headlines