Well since we're talking about mining here and DEFI is a hyped topic I think it's ok to say that PEAKDEFI launched liquidity mining yet very promising project.
I have many DEFI projects in my portfolio but this one seems to be very underrated that's why I keep my eye on PEAK
Liquidity mining has been a very popular term in the DeFi sector for some time. By providing liquidity on a decentralized exchange, one can stabilize a trading pair and reduce price changes during a swap in the form of slippage. Normally, users only get the fees from the swaps as a reward for providing liquidity.
Well PEAKDEFI decided to go one step further and give extra bonuses which is great for us.
The problem with the DeFi yield farming is that there is constantly money printed there non-stop, if there is enough demand then they could handle it, we have ETH miners constantly mining more and more ETH everyday, charging more and more fee as well, while they are getting richer, it costs people millions of dollars each day just to keep the price staying same and that's PoW, Cake for example is yield farming and it requires millions of dollars there to keep it steady as well.
I understand there are crashes in all markets, just like we had recently, but because of the nature of yield farming, if there is a demand then it worths something, if the demand goes then suddenly people will get more and more of it while they keep on selling and destroying the price. Which is why yield farming is a dope feature but it lacks a lot of core principals of keeping prices high.