Shield Mining
Last updated
Last updated
Shield Mining allows users (and projects) to provide X tokens to Project X Coverage Pool in order to increase the pool’s APY and therefore attract more coverage liquidity. Coverage providers will therefore receive rewards in BMI, USDT, and the project X token.
Shield Mining will facilitate the growth of BMI’s TVL and unlock new marketing opportunities.
The value proposition for users:
Developers and community members can promote their project coverage pool by depositing project X tokens and attracting liquidity with an increased APY.
Exposure to multi-token rewards.
Shield Mining allows users (and projects) to provide X tokens to Project X Coverage Pool in order to increase the pool’s APY and therefore attract more coverage liquidity. Coverage providers will therefore receive rewards in BMI, USDT, and the project X token. Shield Mining will facilitate the growth of BMI’s TVL and unlock new marketing opportunities. The value proposition for users: Developers and community members can promote their project coverage pool by depositing project X tokens and attracting liquidity with an increased APY. Exposure to multi-token rewards.
