Yield Farming & Staking

BLOCKS DAO LLC aims to incentivize network behaviors that would benefit the growth of the organization. To do so, prospective members need to efficiently transact to gain entry into the community. This is where Yield Farming, also known as ‘Liquidity Mining”, becomes important.

Yield Farming is a network participation strategy in which a user provides capital to a protocol in return for the protocol’s native token. In other words, these campaigns are designed to help bootstrap various liquidity pools on decentralized exchanges.

Staking is also a network participation strategy in which a user provides capital to a protocol in return for the protocol’s native token. Often, these campaigns aim to help the network operate more efficiently through validating transactions and the like. In the instance of BLOCKS, the organization will likely hold staking campaigns in the future to incentivize specific network behaviors.

Last updated