Ecosystem
7 min read
Liquidity mining is part of the crypto agricultural phenomenon which gained huge traction in 2020 with the rise of Decentralized Finance (DeFi).
Yield Farming and Liquidity Mining are part of the Crypto ‘agricultural’ revolution which have grown from the ecosystems of Decentralised Finance applications on Ethereum.
One way to mine that appeared in 2019 is to use NFTs as ‘Proof of Collateral’. Meaning you're using an NFT you own as a collateral to earn other NFTs or tokens.