Launching DIVI liquidity mining campaign

Launching DIVI liquidity mining campaign

Blog»Launching DIVI liquidity mining campaign

DIVI

Yingdan Liang

2021-05-28 · 5 min read

announcement

We’re very excited to announce a new 12-week liquidity mining campaign for DIVI with a total reward pool of USDT 30,000! The campaign will start on June 1st, 2021, at 12:00 am UTC.

Read on as we introduce DIVI to the Hummingbot community and give both the communities an overview of the upcoming campaign!

Liquidity Mining Campaign for DIVI

DIVI is scheduled to be listed on KuCoin on May 31st, 2021. One of the biggest challenges for any new token is price discovery, the process of determining the price of an asset in the marketplace through the interactions of buyers and sellers. 

This campaign is set to tackle the price discovery challenge by motivating individual traders to participate in the DIVI price discovery process. The more traders actively participate in the market making activities, the more efficient price discovery will be. It’s a great way for the community to get involved and support the project they love!

The upcoming liquidity mining campaign will expose DIVI to over 13,000 members in the Hummingbot trader community. This will enable the community to learn more about DIVI, and contribute to coin liquidity, using Hummingbot’s open-source trading software. 

Hummingbot Miner has strong experience supporting token listings with liquidity mining. We’ve previously supported Kava’s HARD listing on Binance with US$39 mm filled order volume through a short 2-month liquidity mining campaign, and NEM’s XYM listing on KuCoin with a US$16 mm filled order volume achieved within a few weeks. We believe that the DIVI campaign will be no exception, and will gain traction among a diverse group of participants. 

Mark your calendar, join the campaign, and earn rewards! 

Campaign Terms²

  • Start date: June 1st, 2021 12:00 am UTC

  • Total reward pool*: USDT 30,000 (USDT 2,500/week)

  • Reward token: USDT

  • Eligible token pairs: 

    • DIVI/USDT: maker orders placed with spreads of 2% or lower

  • Exchange: kucoin.com

About DIVI 

The Divi Project has a simple mission. To make crypto easy. The team is focused on solving the biggest issues preventing mainstream adoption of cryptocurrencies - usability and accessibility, while still remaining both decentralized and non-custodial. 

As a proof of stake blockchain, coin holders can earn rewards for securing the network through staking and masternodes. The team developed the first and only genuinely one-click masternode software that enables users of any skill level to begin earning rewards in an instance.

Having launched its revolutionary mobile wallet in the US in April this year, it will be imminently rolled out to the rest of the world. Multicoin, the wallet has a humanized protocol allowing users to send to usernames and email addresses. In addition, users can set up a mobile masternode and earn in moments. 

The roadmap for the Divi Wallet is packed full of features which will be released in the year ahead including their revolutionary staking vaults that allow users to stake directly from the app without running a machine 24/7, a fiat on/off-ramp, the ability to swap crypto to crypto and crypto to fiat, bank accounts with ACH and wire transfers, and a Divi debit card to spend. 

Divi’s goal to consolidate the fragmented value chain in digital finance and allow anyone in the world with a mobile phone to be able to own and spend digital assets efficiently is firmly in sight.

The project owns an operating share in RiDivi, providing remittance services to a global customer base. When integrated, users will be able to utilize IBANS, and send fiat globally, all through the Divi Wallet.

From the goal of accessibility comes the strategy of Divi everywhere. Divi’s various sub-teams, partners, and communities are building a variety of use cases such as gaming, a digital nomad space, media/entertainment, merchant solutions, and DeFi applications as it leads the way into the coming age of cryptocurrency mass adoption.

Everything Divi does is in service of its vision; the delivery of a new paradigm for financial services. One that is truly decentralized, accessible to all, and works for everyone. The result is software and services that make buying, selling, and using cryptocurrencies faster, more secure, and accessible to people at all levels of technical expertise.


*For full terms of the campaign, please see liquidity mining campaign terms.

To learn more about liquidity mining, see below:


Important notes and disclaimers

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 offers 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.

  1. Eligibility requirements: participation in liquidity mining is subject to eligibility requirements as specified in the liquidity mining policy.

  2. Campaign terms subject to change: terms may be modified throughout 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 miner app.

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