Liquidity Mining Oct-Nov'20

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To bootstrap and encourage liquidity for $PLOT, token holders who provide liquidity on the PLOT/ETH liquidity pool on Uniswap will be able to mine more $PLOT as rewards.
Please note that the new Nov-Jan'21 Liquidity Mining program is now live and you can read everything about it here.
Summary
To bootstrap and encourage liquidity for $PLOT, token holders who provide liquidity on the PLOT-ETH liquidity pool on Uniswap will be able to mine more $PLOT as rewards.
The liquidity mining program will run for a period of 1-month post Uniswap listing with 15,000 PLOT per day to be distributed as mining rewards each day to the liquidity providers. These PLOT rewards are over and above the Uniswap Fee which liquidity providers earn.
This interface is shown for indicative purposes only. Actual figures will vary at launch.
Motivation
The motivation behind the PlotX Liquidity Mining program is three-fold:
1.
It helps in bootstrapping token liquidity on Uniswap, leading to reduced volatility and a sustainable token growth
2.
It helps a wider community to claim the tokens in a sensible, permissionless and predictable manner
3.
It rewards PLOT Heads who directly contribute to the health of the $PLOT ecosystem
How would it work
Here’s the flow:
1.
Deposit ETH and PLOT into the PLOT-ETH liquidity pool on Uniswap. The address of the liquidity pool is: https://app.uniswap.org/#/add/ETH/0x72F020f8f3E8fd9382705723Cd26380f8D0c66Bb​
2.
Receive Uniswap V2 LP tokens of the liquidity pool.
3.
Stake those LP Tokens in the PlotX Staking Smart Contract which will be accessible via the PlotX Liquidity Mining user interface.
And that's it!
Once you've staked the LP tokens, you can check the rewarded $PLOT using the PlotX Liquidity Mining user interface. You could even deposit more liquidity pool tokens or withdraw them whenever you want as there is no minimum vesting/lockup period. 
Using the interface, you can also claim your $PLOTs instantly. 
How would your rewards be calculated?
Rewards in $PLOT will be distributed every second in proportion to the LP tokens deposited by you and the total LP token deposits at that second. 
For the first-month post mainnet launch, 15,000 PLOT will be distributed every day to the LP token depositors and after the first month, the Liquidity Mining program might be modified based on community feedback and suggestions.
Example:
15,000 $PLOT are allocated daily, which means ~0.1736 $PLOTs to be distributed every second [15000/(24*60*60)] 
Now, if you have deposited 100 LP tokens and a total 1,000 LP tokens are deposited for a particular second, you own 10% of the pool in that second (100/1000)
This means, you can claim 10% of 0.1736 $PLOT which is 0.01736 $PLOT per second, equivalent to 1500 $PLOT per day or 45000 $PLOT over 30 days.
The formula for calculating APY is as follows:
APY = Rewards to be distributed in 1 month * 12 / Worth of LP tokens deposited * 100%
The mined $PLOT are instantly claimable from the interface itself. The interesting part is that once claimed they can be used to provide even more liquidity, then increase participation in liquidity mining and ultimately mine even more $PLOT. 
Also, note that depositing the LP tokens in the PlotX smart contracts does not stop you from earning the transaction fees on Uniswap.
Liquidity Mining 
Liquidity Mining User Interface:
​https://liquidity.plotx.io​
Uniswap Liquidity Pool Address:
​https://app.uniswap.org/#/add/ETH/0x72F020f8f3E8fd9382705723Cd26380f8D0c66Bb​
PlotX Token Address:
​0x72f020f8f3e8fd9382705723cd26380f8d0c66bb​
Liquidity Mining Rewards Starting Time:
13th October 2020, 2 PM UTC
PlotX Month 1 Liquidity Mining Allocation Amount:
450,000 PLOT
Audits:
​Audited by CertiK 
Vesting / Locking Schedule:
No vesting/lockups. Rewards are distributed every second and are claimable anytime. 
We hope this liquidity mining program distributes PLOT tokens into the hands of real users who are interested in participating in the PlotX protocol and its governance in the long-term.
Read more about PlotX
​PlotX Product Deck 
​$PLOT Tokenomics​
​$PLOT Token Utility​
​PlotX Website​
Frequently Asked Questions
Q: What are LP tokens and how can I get them?
Whenever you deposit liquidity into the DEXs (like Uniswap V2) you get a certain amount of tokens in exchange that represents your share of that pool (in this case PLOT/ETH pool). These tokens are called Liquidity Provider (LP) tokens or staking tokens or Uniswap-V2 LP tokens
Q: Where can I deposit my LP tokens to get the benefits of Liquidity Mining?
After you get the LP tokens, you can hop on over to PlotX’s liquidity mining user interface (liquidity.plotx.io) to deposit those tokens for as long as you want with no minimum time and period restrictions.
Q: How do I get the PLOT tokens I receive as a part of the Liquidity Mining?
The mined $PLOT are instantly claimable from the interface itself. 
Q: Do I still receive my Uniswap LP trading fees?
Yes. All benefits of the LP tokens (trading fees etc) are unchanged by participation in PlotX Liquidity Mining. The PlotX liquidity mining contracts simply hold the LP tokens for you and gives the ability to claim even more $PLOT tokens.
Q: What risks do I need to be aware of before providing liquidity on Uniswap?
Uniswap incentivizes users to add liquidity to pools by rewarding providers with fees on trades. This activity, in general, is a complex one and has the risk of the participant also losing money (compared to just hodling) in the case of big directional moves of the underlying asset price which is traditionally called impermanent loss.  It is recommended that all users are aware of the mechanics and the associated risks with this activity. You can read more about the associated risks here.
If you have any further questions, please feel free to reach out to the community on Discord and Telegram.
The contents of this page are for information purposes only and shall not constitute an offer to sell or the solicitation of an offer to buy tokens and/or solicit participation on the prediction market protocol. PlotX is not registered under and has not obtained any licenses under any investment or securities or other laws, nor is the sale of $PLOT tokens registered under the laws of any jurisdiction and PlotX makes no representation or warranty, expressed, implied, or statutory, as to the value of $PLOT.
Nothing contained herein constitutes financial, legal, tax, or other advice nor is it to be relied on, in making any decisions. This information is not directed at persons residing in jurisdictions where the distribution and sale of the tokens is prohibited.
While audits have been conducted by third parties to verify the security of the smart contract system, nevertheless, during the course of a user's interaction with the protocol, the user might encounter bugs or service downtimes which can ultimately alter the user experience away from expected lines.
Before predicting on www.plotx.io or participating in the $PLOT listing, you are advised to read the PlotX Whitepaper available on the PlotX Website, especially the Notice and Disclaimer Section thereof, in its entirety. For further information about the prediction market, please visit the website to understand how the protocol functions, privacy policy, and the terms of use.
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Liquidity Mining Nov-Jan'21
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Contents
Summary
Motivation
How would it work
How would your rewards be calculated?
Liquidity Mining