Simple Understanding of DeFi Liquidity Mining

(Olive Grove, Van Gogh) Since Compound launched its governance token COMP's liquidity mining on June 15, in less than a month, liquidity mining has become the hottest topic in crypto circles, and increasingly more projects are launching their own liquidity mining. So, what is DeFi liquidity mining? The Explosion of Liquidity Mining Compound Mining Effect Compound liquidity mining has preliminarily formed a siphoning effect similar to a small black hole.