Cook Protocol launched liquidity mining programs on Ethereum, Binance Smart Chain and Huobi Eco Chain to build up liquidity on the decentralized exchanges on the three blockchains.
Users can just add liquidity to the COOK/ETH pair on Uniswap V2 and MDex or COOK/BNB pair on Pancakeswap V2. Once users get the LP tokens, they can just stake the LP tokens on the liquidity mining pool to start earning COOK tokens.
LP tokens are not locked for liquidity mining. The liquidity mining rewards earned will be distributed to miners evenly across 14 days. However, miners can also choose to withdraw liquidity mining rewards earlier with 50% of penalty.