Liquidity Mining

Current Campaign Terms

Terms are subjected to change: We will notify participants of changes, if any, on our Discord and Reddit. Participants can also check the latest news in the Hummingbot Miner app.

Current Reward Period

December 1, 2020 12:00am UTC - December 8, 2020 12:00am UTC

• 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.

Current Campaign Duration

Upcoming Changes to Terms

A new liquidity mining campaign for Avalanche and Phoenix Global that will start on December 8, 2020, 12:00 am UTC.

The Avalanche liquidity mining campaign will initially be distributing USDT rewards, equally distributed across different token pairs and later transition to the AVAX token from January 12, 2021 (Week 5) onwards.

For the first week (December 8 - 14, 2020),

For subsequent weeks,

Additional liquidity mining campaign terms

Qualified participants will be eligible to receive compensation in accordance with each liquidity mining campaign’s schedule of Liquidity Mining Payments, which will be based on each participant’s trading activity (in particular, orders placed and their sizes and spreads) in the tokens subject to the liquidity mining campaign.

Wallet address
Participants must enter a valid wallet address applicable for the campaign that they are participating in. Wallet address are use for receiving payouts only, you do not need deposit assets into or trade using this wallet.
For more details on how to obtain wallet address and its requiremets, please refer to our docs on Liquidity Mining FAQs

Warning: CoinAlpha does not take any responsibility and will not reimburse for any loss of funds due to a participant submitting an incorrect or invalid wallet address.

Important: Orders outstanding for more than 30 minutes not counted for rewards

Work on removing this limit is in progress, you can read more about it in our Reddit post.

Tip: To ensure that orders do not stay outstanding for longer than 30 minutes, Hummingbot users should disable order refresh tolerance.

Minimum reward payout amount

Due to the recent surge in Ethereum gas price, Hummingbot will impose a \$50.00 minimum on the weekly payout for payments on the Ethereum blockchain (currently USDT and RLC), starting with the next scheduled payout on September 18th (UTC).

For miners who earn \$50 within one week, their rewards will be accrued and rolled over to the next period, read more in this Reddit post.

Note:This limit is only for campaigns paying out rewards on the Ethereum blockchain. For campaigns paying in USDT (excluding the Algorand campaign which pays out in USDT ASA), users can enter a Tron wallet and instead receive USDT rewards into this wallet, not subject to the minimum payments amount.