Liquidity Mining

Important Disclaimer

  • The content of this Site does not constitute investment, financial, legal, or tax advice, nor does any of the information contained on this Site constitute 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.
  • There is no guarantee of profit for participating in liquidity mining.
  • Participation is subject to eligiblity requirements.
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.

Getting started

Active programs

Terms subject to change

Please check this page for the most up-to-date terms. We will notify participants of changes, if any, through email (for registered users) and on our Discord.

Terms updated for week 5

For the period starting March 31, 2020 12:00am UTC until April 7 12:00am UTC, the following changes were made:

  1. The maximum spread was decreased to 3% for all trading pairs.
  2. The campaign for Harmony ONE tokens is paused; ONE pairs currently not eligible for rewards.

Sponsor Trading pair Exchange Maximum spread Weekly rewards
iExec
RLC/BTC Binance.com 3%¹ USDC 250
RLC/USDT Binance.com 3%¹ USDC 250
RLC/ETH Binance.com 3%¹ USDC 250
Zcoin XZC/BTC Binance.com 3%¹ USDC 562.50
XZC/BNB Binance.com 3%¹ USDC 187.50
Zilliqa
ZIL/USDT Binance.com 3%¹ USDC 250
ZIL/ETH Binance.com 3%¹ USDC 250
ZIL/BNB Binance.com 3%¹ USDC 250

Changes to campaign terms

  1. March 31, 2020: (1) the maximum spread and for all programs has been decreased to 3% from 5% previously and (2) Harmony has paused its campaign for ONE tokens. You can read more about the changes on our reddit post.

Program sponsors

iExec

iExec (RLC) claims to have developed the first decentralized marketplace for cloud computing resources. Blockchain technology is used to organize a market network where users can monetize their computing power, applications, and datasets. By providing on-demand access to cloud computing resources, iExec is reportedly able to support compute-intensive applications in fields such as AI, big data, healthcare, rendering, or FinTech. iExec's RLC token has been listed on Binance, Bittrex, etc.

Whitepaper | Twitter | Telegram | Github | Explorer | CoinMarketCap | CoinGecko

Zcoin

ZCoin (XZC) is an open-source privacy-focused cryptocurrency token that launched in Sep 2016. Zcoin originally pioneered the use of Zerocoin to enable privacy but has since transitioned to a scheme called Sigma which is based on a paper by Jens Groth and Markulf Kohlweiss that reportedly allows greater scalability and removes the need for trusted setup in Zerocoin. With Zcoin’s Sigma feature, only the sender and receiver would be able to ascertain the exchange of funds in a given transaction, as no transaction histories are linked to the actual coins. Zcoin is also the creator of the Lelantus privacy protocol which improves Sigma's privacy and functionality. Its ZC token has been listed on Binance, Huobi Global, Bittrex, etc.

Whitepaper | Twitter | Telegram | Github | Explorer | CoinMarketCap | CoinGecko

Zilliqa

Zilliqa (ZIL) is a base-layer blockchain protocol centered around the idea of 'Sharding' and designed to enhance the scalability of cryptocurrency networks such as Ethereum. According to its white paper, transactions speed could scale to approximately 1,000x that of Ethereum's network. Zilliqa’s high throughput means that developers can focus on fleshing out their ideas rather than worrying about network congestion.

Whitepaper | Twitter | Telegram | Github | Explorer | CoinMarketCap | CoinGecko