Launching ShareToken liquidity mining campaign

Launching ShareToken liquidity mining campaign

Blog»Launching ShareToken liquidity mining campaign

sharering

Yingdan Liang

2021-05-21 · 3 min read

$15,000 SHR REWARD POOL IS WAITING FOR YOU!

We are excited to announce a new 12-week liquidity mining campaign for ShareToken with a total reward pool of $15,000 in SHR! The campaign will start on May 25, 2021, at 12:00 am UTC.

About ShareToken

ShareToken is a utility token that is used to secure the ShareLedger blockchain network and facilitate transactions for a variety of products and services across industries and geographies on the ShareRing platform.

ShareLedger is our custom-built blockchain network based on the Tendermint framework. Using a Leased Proof-of-Stake (LPoS) consensus model, users can stake SHR tokens within the app (coming soon!) to earn rewards.

About ShareRing

sharering2

ShareRing is the most complete blockchain ecosystem for securely accessing and buying goods and services worldwide -- serving travel, insurance, healthcare, logistics, education, cryptocurrency, charity, and more.

ShareRing has pioneered an exceptionally secure and flexible identity verification system with a Personal Information Vault. Store your verifiable documents, including your passport, national ID, drivers license, COVID-19 test results and vaccination certificates securely; knowing that only you decide how and when your information is accessed or used.

Be sure to follow their Twitter for all the latest developments and upcoming app launch!

How to join 

Liquidity Mining Campaign for ShareToken (SHR) 

Liquidity mining rewards participants for placing market maker orders in SHR tokens, thereby contributing to order book depth. This community-based approach empowers existing individual SHR token holders to earn rewards for contributing to the token ecosystem, while at the same time allowing the ShareRing project to engage the 13K-member strong Hummingbot user community. 

Campaign Terms²

  • Start date: May 25, 2021 12:00am UTC

  • Total reward pool*: $15,000 SHR over 12 weeks

  • Reward token: SHR

  • Exchange: kucoin.com

  • Eligible token pairs: 

    • SHR/USDT: SHR 28,571 per week for maker orders placed with spreads of 2% or lower

    • SHR/BTC: SHR 16,071 per week for maker orders placed with spreads of 6% or lower


*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 miners app.

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