ZCoin (ZC) 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.


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

  1. Register for the program on the liquidity mining web APP by entering your wallet information and read-only exchange API keys.
  2. Start market making for any ZC 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

We send out updates and announcements through our Discord channel, Twitter, and bi-weekly newsletters.

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.

More Resources

Important Disclaimer

Participating users must agree to the Liquidity Mining Program Terms and Conditions.