“Reverse Odyssey” - Midl Liquidity Guiding Program Review
Just spent time researching the Midl Liquidity Guiding Program, several interesting points:
Users only need to 'commit' liquidity without the need to actually stake tokens to receive future guaranteed rewards.
The rewards for providing guarantees are simple and transparent.
Users support not just a single project, but the entire BTCFi ecosystem, with currently available projects for 'commitment' support including: @midl_xyz, @BimaBTC, @Omzoio, @helios_finance @TheHedgehog_io, etc.
Participation Steps
① Visit the official link: https://t.co/U7QXeoVTCj
② Connect a Bitcoin or EVM-compatible wallet.
③ Choose the supported project and commit the amount of liquidity; the system will take a snapshot of the wallet balance for verification.
④ After signing confirmation, reward points will begin to accumulate, and assets will remain in the user's wallet address (not transferred, only a snapshot).
Notes
Reward Claiming Conditions: At the TGE, the committed liquidity must be provided to redeem Midl token rewards.
Soft Staking Restrictions: If a user transfers the committed assets from their wallet, the accumulation of rewards will automatically stop, and the committed liquidity will be deducted from the pool.
Personal Opinion
This is a highly creative DeFi airdrop mechanism, especially suitable for Bitcoin ecosystem (BTCFi) projects. Midl not only focuses on its own development but also supports other projects within the BTCFi ecosystem, showing great ambition and deserves praise.
A small improvement suggestion: The current mechanism restricts users' ability to freely transfer assets, which may impose certain constraints on user fund flexibility. It is recommended to remove this restriction.