Uniswap’s founder, Hayden Adams, declared that the liquidity mining program should be making a comeback to the AMM.
“I think it’s going to be very soon. One thing that we’ve seen in the past couple of weeks is basically a grant from the Uniswap grants program, which comes from governance, that was … issued to someone who’s working on liquidity mining smart contracts. And so we’re kind of seeing the community build this out,” declared Adams.
In the summer of 2020, Uniswap had a short period of liquidity mining which was run across several key liquidity pools. But once that period was over, the only way for users to earn new UNI was through the Uniswap grants program.
This month, Uniswap released version 3 of its software, and it became the most popular decentralized exchange on Ethereum.
“There was sort of a lot of speculation, when we first announced v3, because it was much more complex and liquidity isn’t all identical. There were some open-ended questions from people as well. Would it be possible? And the answer is yes. It’s completely possible. And it’s being built,” declared Adams.