kaal:claim:4015908-032

Liquidity mining, one of the dominant mechanisms used for fair launches, undermines fairness because it leads those who already have more liquidity or assets to benefit disproportionally from the protocol.

Source quote, verbatim
However, liquidity mining leads those who have more liquidity/assets to disproportionally benefit from the fair launch liquidity mining protocol.
From

Wulf A. Kaal, Fair Token Launch (2022), IV.1 Liquidity Mining, p. 15
https://ssrn.com/abstract=4015908 · source PDF

Cite as

Wulf A. Kaal, Fair Token Launch (2022). SSRN: https://ssrn.com/abstract=4015908

Holds when
Classification

failuresupport: arguedfailure: Liquidity mining regressivityfamily: inequality-and-access-dividedefi

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