Introducing Liquidity Bounties
Community-based market making programs
Blog » Liquidity mining: July recap
Carlo P. Las Marias
July 31, 2020 · 1 min read
In the past month, we have continued to see strong participation from miners across all campaigns. We launched two new campaigns, for NULS and for COTI.
For a discussion and explanation of some of the metrics we are tracking, please see our blog post - Liquidity mining: April recap.
Through July 31, 2020
We saw 21% growth in the number of distinct miners in July. New campaigns for NULS and COTI attracted a lot of new users.
Total Value Locked
Average Amount of Liquidity (Open Order Volume) per Bot
Currently approx. $892 of open order volume/liquidity has been created per bot, representing a 10% increase from last month.
Filled Volume as % of Binance Totals
Currently, miner filled order volume as percentage of Binance filled order volume is at 5%, reflecting a large increase in overall market volume in the month.
We are now in talks with a few new token projects for future liquidity mining campaigns. Additionally, a few exchanges have reached out to us for collaboration in the past month. We plan to start working on onboarding liquidity mining campaigns to KuCoin a couple of sprints later. Stay tuned!
For exchanges and projects who would like to learn more about liquidity mining, please contact us at firstname.lastname@example.org.
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