Please review the Liquidity Mining Policy for the full disclaimer.
What is it?¶
Liquidity mining is a community-based, data-driven approach to market making, in which a token issuer or exchange can reward a pool of miners to provide liquidity for a specified token.
Liquidity mining sets forth an analytical framework for determining market maker compensation based on (1) time (order book consistency), (2) order spreads, and (3) order sizes, in order to create a fair model for compensation that aligns a miner's risk with rewards.
Read me first¶
Installation and configuration¶
- Hummingbot Quickstart Guide
- Hummingbot Miners: The official Liquidity Mining app where you can see real-time rates of return and track your payouts
- Get help on Discord: Join the #liquidity-mining channel for 24/7 support
Currently, only orders that have been outstanding for less than 30 minutes are eligible to earn rewards. This imposed limit is due to errors created by longer-duration orders. Work on removing this limit is in progress, read more here
Terms subject to change
Campaign updates for the week starting July 28, 2020 12.00am UTC
After discussions with miners and traders in our community, we have decided to revise the spread density function constant to increase rewards for placing orders with tighter spreads vs those placed at wider spreads.
You can read more about it in our Reddit post.
Campaign updates for the week starting August 4, 2020 12.00am UTC
SOL liquidity mining campaign will be paused. After we add other exchanges where SOL trades, we and Solana will revisit liquidity incentives for SOL.
You can read more about it on this Reddit post.
Current reward period: August 4, 2020 12.00am UTC to August 10, 2020 12.00am UTC
|Token Issuer||Trading pair||Exchange||Maximum spread||Spread factor *||Weekly rewards|
* Spread density function constant is one of the factors that determines the relative weighting of orders by spread, i.e., the amount of additional rewards for orders with tighter spreads vs those with wider spreads. Refer to this spreadsheet for the spread weights and for a visual of the graph that shows the curve.
Upcoming changes to campaign terms¶
No upcoming changes.
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