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06/03 04:04

How do user incentives shape the growth of decentralized exchanges?

User incentives play a crucial role in shaping the growth of decentralized exchanges (DEXs). By offering rewards such as liquidity mining, staking benefits, and governance participation, DEXs can attract more users. This raises an important question: are these incentives sufficient to drive long-term adoption and sustainability in the rapidly evolving crypto landscape?
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