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Liquidity Mining
Liquidity Pool stands for a swap exchange system. An investor could put some cryptocurrency already existing in his wallet and get the desired token that he can use for trading in the projects he intends to invest in.
In DeMonverse, the liquidity pool stands for $DMZ-$ZIL liquidity pool, from where investors could buy $DMZ in exchange for $ZIL. DeMons gives an advantage to investors who would provide liquidity in the $DMZ-$ZIL liquidity pool. The advantage is in the form of LPR, liquidity pool rewards. This rewarding system is called liquidity mining.
The quota for the same has got 6% of the total $DMZs allocated to it, which accounts for 999999.6 $DMZs. The rewards are further distributed over a vesting period of 156 weeks as follows:
Distribution | Percentage | $DMZ | Rewards/week |
0-52 Weeks | 45 | 449,999.82 $DMZ | 8653.84 $DMZ/week |
52-104 Weeks | 30 | 299,999.88 $DMZ | 5769.2 $DMZ/Week |
104-156 Weeks | 25 | 249,999.9 $DMZ | 4800 $DMZ/Week |
Total | 100 | 999,999.6 $DMZ | - |
Last modified 1yr ago