Liquidity Mining (LM)
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Deposit of Pool Tokens to the contract to earn Daily Liquidity Reward
The Daily Liquidity Reward for each liquidity pair is composed of 20 CYC tokens for now, which is subject to change according to the decentralized governance
All CYC tokens in the daily liquidity pool are proportionally distributed to whoever stakes Pool Tokens
Liquidity miners can claim their CYC reward anytime, stake or unstake their pool tokens anytime.
For liquidity mining on IoTeX, there is NO FEE;
For liquidity mining on BSC, 0.5% of the LP tokens deposited is charged that is used to buy back CYC and burn.
