“Reverse Odyssey” - Midl Liquidity Guidance Program Review

Just took some time to study the Midl liquidity guidance program, here are a few interesting points:

Users only need to “commit” liquidity without actually staking tokens to receive guaranteed rewards.

Provides clear token incentives, with simple and transparent operations.

Users support not just a single project, but the entire BTCFi ecosystem. Currently, projects available for “commitment” support include: @midl_xyz, @BimaBTC, @Omzoio, @helios_finance, etc.

Participation Steps

① Visit the official link: https://bootstrap.midl.xyz

② Connect a Bitcoin or EVM-compatible wallet.

③ Choose supported projects and commit the amount of liquidity; the system will take a snapshot of the wallet balance for verification.

④ After signing confirmation, reward points start to accumulate, and assets remain in the user's wallet address (not transferred, just snapshot).

Notes

Reward collection conditions: At TGE, the committed liquidity must be provided to redeem Midl token rewards.

Soft staking restriction: If users transfer the committed assets from their wallet, reward accumulation will automatically stop, and the committed liquidity will be deducted from the pool.

Personal Opinion

This is a highly creative DeFi airdrop mechanism, particularly suitable for Bitcoin ecosystem (BTCFi) projects. Midl not only focuses on its own development but also supports other projects within the BTCFi ecosystem, showing a great vision that deserves recognition.

A small improvement suggestion: The current mechanism restricts users' freedom to transfer assets, which may impose certain constraints on the flexibility of user funds. It is recommended to remove this restriction.