Liquidity Mining Campaign #3

Autonio Foundation
Autonio
Published in
2 min readOct 20, 2020

Dear community,

We’re excited to bring to you the 3rd campaign of our liquidity mining series.

Liquidity Mining Campaign — #3

To follow through with a third round of the campaign we have allocated a 400,000 NIOX tokens to be distributed to all liquidity providers on NIOX-ETH based on their share of the pool, over a span of 4 weeks from 22nd October 12:00 PM GMT to 23rd November 12:00 PM GMT.

What is liquidity mining?

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 pair. You earn rewards by providing liquidity on exchanges or AMMs like Uniswap.

Reward distribution

A total of 400,000 NIOX have been allocated for this particular campaign that will last for 4 weeks. Mining reward amounts and rankings will be disclosed on telegram at the end of each week.

How can you participate?

  1. Participants must provide liquidity to the ETH/NIOX pool on Uniswap.
  2. After successfully contributing your crypto, liquidity providers will
    receive UNI-V2 pool tokens. These UNI-V2 tokens represent your share of the ETH/NIOX liquidity pool.
  3. Our team will calculate the shares (UNI-V2 tokens) of ETH/NIOX and liquidity pool in random snapshots for each day over the four-week period. Liquidity providers need to supply liquidity in the ETH/NIOX liquidity pool over a period of 24 hours.
  4. The rewards will be distributed based on the amount of UNI-V2 tokens from each address in the ETH/NIOX liquidity pool.

Autonio Foundation.
Social Media: Telegram Discord Twitter
Contact: contact@autonio.foundation

Thanks!

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Autonio
Autonio

Published in Autonio

Autonio Foundation is a DAO that develops decentralized and comprehensive financial technology for the crypto economy. The Suite makes it easier for crypto traders to conduct trading analysis, deploy trading algorithms, copy successful traders and exchange cryptocurrencies.

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