Since the emergence of Uniswap, “mining” has become the hottest word. The liquidity mining based on AMM mechanism has helped DeFi protocol obtain a great deal of liquidity, and the "miners" providing liquidity can also get mining rewards. Now, as the liquidity mining strategy has been widely introduced into DeFi projects, the TVL in DeFi protocols has grown rapidly, indicating that liquidity mining is an effective strategy in the short term if these protocols want to start cold or expand liquidity. However, the high APY will not last forever, which makes this growth a controversial topic: Is this conducive to sustainable protocol development, improving functional design and attracting target customers? Undoubtedly, it is a good tool to improve initial liquidity, and more importantly, it distributes governance tokens to users of the protocol, with the ultimate goal of letting token holders control the future of the protocol. At present, liquidity mining projects are everywhere. For miners, namely the users who participate in liquidity mining, the benefits are their greatest concern. Choosing a high-yield and stable DeFi platform has become a top priority.
I have been mining on YouSwap, and the first reason I choose this platform is security. YouSwap has passed the dual-security audit of Certik and KNOWNSEC. Since it was launched in this March, there has been no security incident. Over 100 million US dollars of funds has been staken on YouSwap, showing that everyone has confidence in YouSwap's safety. YouSwap currently offers a variety of mining forms: liquidity mining, inviting mining, trading mining, armingInvite to mine, trade to mine, NFT DAO mining, multi-token mining in one pool, etc. I have been participating in mining mainly in two ways, and one is inviting mining. The inviting mining in YouSwap consists of two mining levels. The level-1 inviting power is 15% while the level-2 inviting power is 10%. Meanwhile, the invitee can obtain a mining yield of 5%. Therefore, inviting mining in YouSwap can offer a total mining yield of 25%. Don't underestimate the power of fission. For example, if I invited 20 friends to mine in YouSwap, one of whom is Xiao Ming, and Xiao Ming also invited 15 other friends to mine in YouSwap, and each friend invited by Xiao Ming recommended another 15 people to mine in YouSwap (assuming that each person obtains a mining yield of 100USDT), then I can get a rebate reward = level-1 reward + level-2 reward = 100x0.15x20+(0.15+0.1)x15x20x100=7800USDT. It's just some time invested without any principal. The following figure is a screenshot of the yield from inviting mining.
Only more than 30 people are invited, and you can easily earn $2,400 through the fission yields from the 2-level invitation. Friends interested can come to YouSwap to earn money by inviting mining with zero risk and high returns. This poster is rather vivid, and you will understand what is going on at first glance:
Users who hold stablecoins can mine with stablecoins in YouSwap, which is commonly known as “free riding”. If the USDT in their hands is put in wallets or exchanges, there will be no extra income. Instead, they might as well put it in YouSwap for mining, and the APY is between 20%-30%, which is much higher than that of bank deposits. The other way I participate in YouSwap mining is mining with mainstream tokens, and I use BTC, ETH and other mainstream tokens in my hand to form LP with USDT for mining. The APY is also between 50%-100%, which is a quite high return. Apart from that, YouSwap often launches some popular tokens. If you happen to have these tokens, isn’t it delightful to mine in YouSwap with the tokens to obtain APY yields of over 1,000 dollars. In short, YouSwap has a variety of mining options. You can choose the corresponding mining pool according to the tokens you hold and the risks you are willing to take, so as to obtain mining yields.
YouSwap will soon launch Pool 2.0, adding many features to the current version. Simply put, it is divided into the following points:
For the project owner, several functions have been added, such as pool settings, pool rewards, pool re-opening upon closing, invitation relation and data analysis. For the project owner, there was only one chance to set the mining parameters of the pool in the previous version, and you cannot adjust the parameters in the later period if the mining operation was not optimistic. However, in Pool 2.0, the project owner can adjust the mining parameters of the pool at any time, and make sure the yield of the pool maintains a competitive level by modifying the mining start and end times, claimable tokens and mining rewards. The project owner can also track the daily changes of the pool through the data analysis function provided by YouSwap, and then improve it by modifying the mining parameters. The project owner can open the liquidity pool in YouSwap free of charge.
For the users, the launch of Pool 2.0 allows users to get more mining options. If the project owner selects to adjust mining parameters to provide higher mining yields, users can choose the mining pool with higher yields according to the yields displayed by the mining pool and their own conditions. The launch of Pool 2.0 ushers in the era of smart mining. Mining can be dynamically adjusted, and smart mining will help users maximize their yields and trigger a nationwide mining boom.
In the long run, the scarcity and value attributes of the top cryptocurrency led by Bitcoin will still push the cryptocurrency market to a new scale in the future, and the continuous inflow of new funds will create new opportunities, which will surely usher in a new golden age for YouSwap, whose mission is to decentralize trades. The launch of Pool 2.0 will attract more funds and users into YouSwap, and the positive cycle will stimulate the rise of platform tokens. The top mining yields and high-quality user experience in the market have enabled YouSwap to stand out in a short period of 6 months, and it has obtained a TVL of more than 100 million US dollars. It can be predicted that in the near future, the TVL of 500 million or 1 billion US dollars will also be achieved, and the era of YouSwap is coming soon. Being optimistic about the development of YouSwap, I chose to mine in YouSwap and grow with YouSwap.
There are various ways of mining in YouSwap. It is recommended for beginners to try YouSwap first, and join the Chinese Telegram group to look for help and upport. YouSwap is an ideal option for the beginners.