# Liquidity Mining Replacement of traditional token liquidity mining with Premia Call Options * The proposed change allows liquidity providers to receive PREMIA Call options at a 45% discount to the underlying asset's current market price, replacing the current liquidity mining scheme. * The proceeds, if exercised, will circulate \~90% to vxPREMIA staking users and direct the remaining 10% to Blue Descent DAO. If not exercised, 20% of the option's intrinsic value will be locked for 1 year and then provided to the liquidity provider's wallet. * Protocol Fees will be collected on exercise, and taker fees will be collected if this option is traded on the secondary market. This is built modularly so that any market can be deployed as a physically settled option. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.premia.blue/the-premia-protocol/concepts/liquidity-mining.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.