Uniswap V3 uses concentrated liquidity and custom price ranges. Liquidity providers (LPs) deposit an equal value of tokens into a pool, supplying liquidity at specific price ranges. This is different from V2 where liquidity is spread evenly across all price ranges.

For $FLC, liquidity pools with it and a paired token like ETH would be created. Liquidity Providers deposit $FLC and ETH in a 50/50 ratio into the pool of their chosen price range.

When users swap between FP tokens and ETH, they pay a 0.3% fee. As an LP, you earn a portion of this fee proportional to your share of the pool. The more liquidity you provide, the higher your fee share.

For liquidity mining, the Flooring Protocol would distribute additional $FLC rewards to Liquidity Providers on top of the swap fees if they stake their LP Tokens on flooring.io. This incentive is to attract LPs to support the $FLC/ETH and μ-Tokens/ETH pools on Uniswap V3.

The $FLC rewards can come from the protocol's treasury, portion of revenues, inflation, etc. The reward rate may be adjusted over time based on needs.

LPs would be able to claim these $FLC mining rewards frequently, on top of their earned swap fees which accumulate in real-time into the pool tokens they hold.

You would have to stake the Uniswap V3 $FLC or μ-Tokens LP Tokens on fp.io to be eligible for the $FLC liquidity mining rewards in addition to swap fees.

The more liquidity you provide, and the longer you provide it for, the more mining rewards you can earn. This incentivizes long-term provision of liquidity in the $FLC and μ-Tokens pools on Uniswap V3.

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