Knowledge Notes | Liquidity Mining
① In 2020, SushiSwap used SUSHI rewards to attract Uniswap liquidity providers to migrate their liquidity over. This practice is commonly known as a “vampire attack.”
② Most reward tokens come from tokens newly minted by the protocol according to a schedule. The emission rate and total supply are usually set by the tokenomics model.
③ When evaluating mining returns, factor in both impermanent loss and a decline in the reward token’s price. Looking only at the displayed annualized yield will overestimate returns.
$SUSHI 0.1724（+0.76%）
#SUSHI
① In 2020, SushiSwap used SUSHI rewards to attract Uniswap liquidity providers to migrate their liquidity over. This practice is commonly known as a “vampire attack.”
② Most reward tokens come from tokens newly minted by the protocol according to a schedule. The emission rate and total supply are usually set by the tokenomics model.
③ When evaluating mining returns, factor in both impermanent loss and a decline in the reward token’s price. Looking only at the displayed annualized yield will overestimate returns.
$SUSHI 0.1724（+0.76%）
#SUSHI