# About the Liquidity Miners category

**URL:** <https://forum.telcoin.org/t/about-the-liquidity-miners-category/98>\
**Category:** Liquidity Miners\
**Created:** [December 6, 2023, 11:17pm UTC](https://forum.telcoin.org/t/about-the-liquidity-miners-category/98 "2023-12-06T23:17:22Z")\
**Posts on this page:** 1\
**Page:** 1

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**Author:** ![josh](https://yyz2.discourse-cdn.com/flex032/user_avatar/forum.telcoin.org/josh/32/211_2.png) [@josh](https://forum.telcoin.org/u/josh)\
**Post date:** [December 6, 2023, 11:17pm UTC](https://forum.telcoin.org/t/about-the-liquidity-miners-category/98/1 "2023-12-06T23:17:22Z")

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Liquidity miners provide liquidity to decentralized financial markets on TELx, earn fees from trades, harvest TEL issuance and vote as a part of their Miner Group in governance based on their pro-rata share of liquidity staked on TELx.

### Liquidity Miners: Political Power and Channel

- **Political Power** : An individual liquidity miner’s proposal and voting power in governance is based on their pro-rata share of liquidity staked in TELx contracts.
- **Governance Channel:** [https://snapshot.org/#/telxvote.eth](https://snapshot.org/#/telxvote.eth)

### Liquidity Miners: Collective-choice authority and associated rules

**Council Member Selection:** Possess the right to select the following number of representatives to each Council.

- **Platform Council:** 2 of 8 representatives
- **Treasury Council:** 1 of 4 representatives
- **Compliance Council:** 1 of 4 representatives
- **TAN Council:** 1 of 6 representatives
- **TELx Council:** 3 of 6 representatives

**Learn more** : [Liquidity Miners](https://www.telcoin.org/documentation/miners/liquidity-miners)