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 1000x 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.

Timeline

This liquidity mining program will run for 12 weeks starting in early February 2020.

Rewards

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 eligible ZIL trading pairs (excluding ZIL/BTC) and Earn rewards! 😎 (The rewards will be automatically calculated based on your trading acitivities for eligible pairs collected through the exchange APIs you provide.)

Note

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.

Performance

Check your performance in the Activity section within our liquidity mining app.

Evaluation

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.