DeFi and Liquidity Mining

Liquidity Pools and Yield Farming in the BAL

This distribution of tokens to the liquidity providers is what we currently know as Liquidity Mining . Earn governance tokens by providing liquidity to any one of the available incentivized liquidity pools. Earn BAL governance tokens by providing capital to Balancer liquidity pools. The most fully grown DeFi protocols are simply a few years old, while the more recent protocols are less than a year old. Not that age is the most effective indication of security, however financial institutions like Wells Fargo and Chase have been around for decades, in some cases a century or more. What`s tragic concerning DeFi is that any individual can create and launch their own financial services protocol. What`s terrific concerning DeFi is that anyone can create and launch their own financial services protocol. At this point, DeFi supplies most of the financial services that the traditional system does. Liquidity pools and DEXs include protocols such as Curve, Uniswap as well as Balancer. Protocols like Ampleforth, BNS Finance utilize liquidity pools from various other platforms like Uniswap to distribute rewards. Nevertheless, in the past few months, protocols are innovating new means to maximize yield for their users. Yield Farmers