How do new defi protocols commonly attract LP?

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How do new defi protocols commonly attract LP?

What are the common strategies new defi protocol or token attract LP? And what is the most effective way?

I have seen a few

  1. IDO presale through dxsale
  2. Treasury DAO offering high APY like Olympus
  3. Farm and Stake with high APY.
  4. Others??

submitted by /u/iCoinnn
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