DAOs, which are organized around a core mission and shared treasury, often issue tokens for governance and utility purposes, and also use the tokens t
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.
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