Post
Topic
Board Tokens (Altcoins)
Re: [Defi] Vesta Protocol - UniSwap Liquidity Solution
by
yarlungzangbo
on 14/08/2020, 09:39:15 UTC
I think it was good idea to do Liquidity Contribution Mechanism. The meaning of his work is that each day, the Vesta team will withdraw 5% of ETH from the UniSwap Pool, and this will be distributed as rewards to the Top-50 contributors to the liquidity pool. At the same time, an equivalent value of $Vesta will also be burned.
Exactly, it encourages users to provide liquidity which is a good thing for the whole ecosystem.