Liquidity Mining
68% of CRS tokens are produced by the liquidity mining of Ceres protocol. In addition to traditional liquidity mining based on various DEXs, the staking in the central bank will be the most important way of Ceres protocol’s liquidity mining.
Staking in the central bank
Collateral staking pool
Users deposit collateral into this pool, participate in ASC minting controlled by the protocol, and then obtain the minted ASC and CRS as the reward for staking.
CRS staking pool
Users deposit CRS into this pool, participate in ASC minting controlled by the protocol, and then obtain the minted ASC and CRS as the reward of staking.
ASC staking pool
Users deposit ASC into this pool, participate in ASC redemption controlled by the protocol, and then obtain the BUSD and CRS that are redeemed and CRS as reward of staking.
Staking in the central bank is an improvement of liquidity mining, which avoids the drawbacks of traditional liquidity mining methods and leads to healthier and more sustainable liquidity.
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