I'm looking for some advice about how to use Huobi's DeFi Liquidity Mining feature for additional rewards. I'm fairly new to this type of thing, so I'm not sure exactly how it works, but I do know that it's a way to earn extra rewards by providing liquidity to certain DeFi protocols.
Are there any risks associated with DeFi Liquidity Mining? Is it a good way to make money? What kind of rewards can you expect? Are rewards taxed? Do you need a certain amount of capital to start participating in the program? Are there any other costs associated with DeFi Liquidity Mining?
I would really appreciate it if anyone with experience in this field could offer some advice on how to get started and maximize the rewards.
Are there any risks associated with DeFi Liquidity Mining? Is it a good way to make money? What kind of rewards can you expect? Are rewards taxed? Do you need a certain amount of capital to start participating in the program? Are there any other costs associated with DeFi Liquidity Mining?
I would really appreciate it if anyone with experience in this field could offer some advice on how to get started and maximize the rewards.