Ethereum
$552.22 0.83%
ETH · 4w

Long Term Incentives for Like.finance Investors

Like.Finance’s innovative loyalty reward system rewards investors who believe in the project. Throughout the last months, the DeFi projects made themselves known to pretty much everybody in the crypto space. Many traders and investors are reminded of the ICO hype at the end of 2017, where thousands of crypto currencies popped up, to disappear shortly afterward again. The current DeFi hype has similar patterns. Thousand of Liquidity Farming / Staking projects appear, get pumped before staking goes live, and slowly bleed out in because whales who invested huge amounts take profit as soon as possible. What is missing is a long term incentive for investors to hold the staking token. # Incentivizing long term investors to participate in the like.finance ecosystem That’s where like.finance comes into play. Since many people fell victim to the short-paced mechanisms, the like.finance team is operationalizing this momentum. We are using our innovative token reward model to reward users who participate in the like.finance ecosystem long term while fighting the typical hyperinflation pattern of most current yield farming projects.
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