We are excited to present you 2021’s first new liquidity mining campaign - a 3-month campaign for QuarkChain with a total reward pool of USDT 9,000! The campaign will start on January 12, 2021, 12:00 am UTC.
In this post, we are going to introduce QuarkChain to the Hummingbot community and give both the Hummingbot and QuarkChain communities an overview of the upcoming campaign.
QuarkChain is the next-generation high-performance blockchain with heterogeneous sharding. QuarkChain scales the blockchain performance via sharding technology. Further, its unique heterogeneous sharding feature allows each shard chain running different consensus, ledger model, and even token economics. QuarkChain's mainnet was launched on May 1, 2019, and the wallet is accessible via mainnet.quarkchain.io.
QuarkChain Liquidity Mining Campaign rewards traders for increasing QKC order book depth by placing maker orders in eligible QKC pairs. This community-driven approach provides individual liquidity miners with an opportunity to set up easy market making bots, provide liquidity to QKC and earn rewards in return. For QuarkChain, this new alternative for liquidity presents a way to incentivize its existing HODLer community and tap into Hummingbot’s 8,500-member strong trader community at the same time.
Start date: January 12, 2021 12:00am UTC
Total reward pool*: USDT 750/week for 12 weeks
Reward token: USDT
Eligible token pairs: QKC/ETH
Eligible orders: maker orders placed with spreads of 2% or lower
*For full terms of the campaign, please see liquidity mining campaign terms.
To learn more about liquidity mining, see below:
Please review the Liquidity Mining Policy for the full disclaimer, including policies related to the use of Hummingbot.
The content of this Site does not constitute investment, financial, legal, or tax advice: none of the information contained on this Site constitutes a recommendation, solicitation, or offer to buy or sell any digital assets, securities, options, or other financial instruments or other assets, or to provide any investment advice or service.
No guarantee of profit: CoinAlpha does not claim that liquidity mining and participation in liquidity mining campaigns will be profitable, however measured, for the user. Liquidity mining yields are a measure of rewards compared to assets used for liquidity mining, excluding any gains or losses incurred from the underlying trading strategy.
Eligibility requirements: participation in liquidity mining is subject to eligibility requirements as specified in the liquidity mining policy.
Campaign terms subject to change: terms may be modified over the course of the campaign. We will announce any changes, if any, on our discord and reddit; the most up to date terms will also be posted on the liquidity mining campaign terms and the miners app.