Liquidity Mining on Liquidchain
In cryptocurrency terms, mining translates to generating the native asset of the blockchain but this term is often wrongly used to indicate farming. Liquidity mining in the LiquidityChain is the actual mining of cryptocurrency. After the genesis event, WXLC and other necessary contracts are deployed on the network then native XLC is converted to WXLC and sent to the liquidity mining contract, it will generate a constant amount of WXLC per block. LPs can provide liquidity in the AMM Protocol, get the LP tokens and stake them in the pool to earn WXLC. Later those WXLC can be converted back to XLC.
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