Hummingbot.io recently introduced Liquidity Mining, which allows anyone (communities, the general market) to participate in market making for a token and contribute to its liquidity and improve the tradability of that token. By participating, users are not only helping to support the token and the project, but through liquidity mining, they are able to earn token rewards based on their trading activity.
Participants are rewarded for contributing to token liquidity by placing orders. Rewards distribution are designed to be aligned with a miner's risk: the more consistently orders are placed over time, at tighter spreads, and with larger sizes, the more token rewards are earned.
The first live campaigns for liquidity mining are available for the below projects with a total reward pool of USDC 51,000 -
Harmony (ONE)
iExec (RLC)
Zcoin (XZC)
Zilliqa (ZIL)
Learn more https://hummingbot.io/blog/2020-03-liquidity-mining-launch/
Join now https://miners.hummingbot.io/
Topic: Liquidity mining - a new way to earn tokens (Read 164 times)
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