"Reverse Odyssey" - Review of the Midl Liquidity Guidance Program
I just spent some time researching the Midl Liquidity Guidance Program, and here are a few interesting points:
Users only need to "commit" liquidity without actually staking tokens to receive guaranteed rewards.
There are clear token incentives, and the operation is simple and transparent.
Users are supporting not just a single project, but the entire BTCFi ecosystem. Currently, the projects available for "commitment" support include: @midlxyz, @BimaBTC, @Omzoio, @heliosfinance, and others.
Participation Steps
① Visit the official link: https://bootstrap.midl.xyz/
② Connect a Bitcoin or EVM-compatible wallet.
③ Select the supported project and commit the amount of liquidity; the system will take a snapshot of the wallet balance for verification.
④ After signing the confirmation, reward points will start to accumulate, and the assets will remain in the user's wallet address (not transferred, only a snapshot).
Notes
Conditions for receiving rewards: At the TGE, the committed liquidity must be provided to exchange for Midl token rewards.
Soft staking restrictions: If users transfer the committed assets in their wallet, the accumulation of rewards will automatically stop, and the committed liquidity will be deducted from the pool.
Personal Opinion
This is a highly creative DeFi airdrop mechanism, particularly suitable for Bitcoin ecosystem (BTCFi) projects. Midl not only focuses on its own development but also supports other projects within the BTCFi ecosystem, showing a broad vision that deserves praise.
A small improvement suggestion: The current mechanism restricts users' freedom to transfer assets, which may impose certain constraints on the flexibility of user funds. It is recommended to remove this restriction.
免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。