Proof of Liquidity
Last updated
Last updated
Proof of liquidity (PoL) is a mechanism that rewards users for their liquidity contributions to the BearFinance ecosystem through native chain rewards, $BEAR
. As the native dApp powering trading liquidity in the BearFinance ecosystem, a number of BEX pools will be eligible for $BEAR
rewards.
The process for earning $BEAR
through BEX is as follows:
Review the list of PoL-eligible BEX pools and select a desired pool
Deposit liquidity into the desired pool on BEX
Stake the LP token returned from step 2 in the appropriate PoL reward vault
If you are a project that uses BEX for for your tokens' liquidity, you can apply to have your pool(s) whitelisted for $BEAR
rewards. This process is conducted through BearFinance governance, requiring a proposal to be submitted and voted on by $BEAR
holders. More information will be provided on how to submit a proposal for whitelisting in the near future.