Inability to Do Liquidity Mining on Uniswap v3

One of the challenges of liquidity mining on Uniswap v3 is that the LP token that is generated is non-fungible, meaning that each LP token is unique and cannot be split into smaller units or combined with other LP tokens. This is different from traditional fungible tokens, which are interchangeable and can be divided into smaller units.

Because of this non-fungible nature, liquidity mining rewards on Uniswap v3 are calculated differently compared to other protocols like Uniswap v2 or Sushiswap. Instead of providing liquidity to a specific trading pair and receiving a fungible LP token in return, liquidity providers on Uniswap v3 receive a non-fungible LP token that represents their specific range of prices and amounts.

This means that liquidity mining programs on Uniswap v3 need to be specifically designed to work with the non-fungible LP tokens, which can pose challenges for developers and liquidity providers.