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.
This liquidity mining program will run for 12 weeks starting in early February 2020.
Liquidity miners can earn rewards based on a formula that takes into account duration and consistency of orders placed over time, spreads, and sizes. You'll be able to check your earned rewards by minute, and your total earned balance in the "activity" section.
How to Participate¶
- Register for the program on the liquidity mining web APP by entering your wallet information and read-only exchange API keys.
- Start market making for any RLC trading pair and Earn rewards! 😎 (The rewards will be automatically calculated based on your trading acitivities for eligible pairs collected through the exchange APIs you provide.)
If you want to participate using Hummingbot, you can download Hummingbot on the website, or follow the Quickstart guide to install and configure Hummingbot. Configure and run a bot that uses either the pure market making or the cross-exchange market making strategy.
Updates and Announcements¶
You can also read through the articles in our blog where you can find useful information about liquidity mining such as statistics, AMA, interviews from our top liquidity miners, previous month recap, and more.
Check your performance in the Activity section within our liquidity mining app.
Once the program officially kicks off, the rewards will be paid out weekly in USDC based on the actual trading activity of the participants.
All rewards will be subject to the sole discretion of the token issuer and/or the Hummingbot team.
Participating users must agree to the Liquidity Mining Program Terms and Conditions.