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

fair launch distributes rewards through liquidity mining

Classification

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

Verify

The quote above is an exact substring of the source PDF, whose sha256 is e0925afde0c42a16cd5310983789fae3eb3d1f121e2954a72afa64191d00fe37. Extraction method: pdf-text-layer.
Attestation record: colloquium/attestations/af178af4ee2c3584...json
Verify the binding yourself: curl -s https://wulfkaal.github.io/claims/4015908-032.md | sha256sum