LunarDEX itself is simply a blockchain protocol which, by design, does not offer any resources for utilisation As such, in order to provide users easy access to $LUNAR and for the protocol to perform its core function as a DEX, users would need to be incentivised to play the role of liquidity providers and stake their digital asset pairs (e.g. ETH/$LUNAR) into the decentralised market making pools to provide the necessary liquidity for transactions. As compensation for opportunity costs, these liquidity providers which help to promote adoption of LunarDEX by staking or including assets to selected liquidity pools (i.e. farms) in exchange for LUNAR-LP tokens would be rewarded with $LUNAR (i.e. "farming" on LunarDEX), according to each user's relative contribution after various adjustment and correction parameters.
Last modified 10mo ago