NIOX Liquidity Mining — Campaign #2
Results of our liquidity mining campaign
We undertook a NIOX Liquidity Mining campaign in order to bootstrap and incentivize adding liquidity on NIOX-ETH pair on Uniswap last week.
During the first campaign that lasted 7 day, we saw the liquidity on NIOX-ETH increase to around 35ETH and 350,000 NIOX. We thank all those who participated — here are the winners:
- 0xce8b62e61bfabea08a0facf4d5aa153e302dc930
- 0x5c768cd8d2bbc26086c2a159c3e5afe60ed72f23
- 0x14f4785e5f8738eb589eb0bf9edc6a5f86755944
- 0xd53bf7bee9e358cd405c3579cd0ed1e1e6ee0aa0
- 0x78a37eefd78aba67e5bab9578421477789551245
- 0x968d10201cc57efbbbde903c4d986aeaf3c2c5fa
- 0xbd6f9e3ab6503babffa34f61f30c287ec5f166a9
- 0x344e56f1ba434d8bf3d06e0a40cd4968515e0092
- 0xc30de901f91aa241183a5f62a106c5a01aceda75
- 0xca616b5cca1116be0caf58aa4091c645f6041279
- 0x1f569ee215b5156355de27b54424881b6d820e9f
Liquidity Mining Campaign — #2
To follow through with a second round of the campaign we have allocated a 400,000 NIOX tokens to be distributed to top 10 liquidity providers on both NIOX-ETH and NIOX-USDT pair over a span of 2 weeks from 9th September 12:00 PM GMT to 23rd of September 12:00 PM GMT.
NIOX Liquidity Mining
NIOX Will be distributed as rewards to liquidity providers on ETH/NIOX & NIOX/USDT pairs on Unsiwap. A total of 400,000 NIOX will be distributed, after the 14-day campaign, to liquidity providers based on their share of liquidity.
Reward distribution
200,000 NIOX reward for liquidity on NIOX/ETH & NIOX/USDT pair each. A total of 400,000 NIOX is being allocated — 200,000 NIOX for NIOX/ETH pair and 200,000 NIOX for NIOX/USDT pair. Here are how the reward distribution will look like:
1st — 65,000 NIOX
2nd — 50,000 NIOX
3rd — 25,000 NIOX
4th — 20,000 NIOX
5th — 15,000 NIOX
6th to 10th — 5,000 NIOX each
How can you participate?
- Participants must provide liquidity to the ETH/NIOX or NIOX/USDT pool on Uniswap.
- After successfully contributing your crypto, liquidity providers will
receive UNI-V2 pool tokens. These UNI-V2 tokens represent your share of the ETH/NIOX or NIOX/USDT liquidity pool. The share of liquidity provided by the mining pool will be excluded from earning rewards. - Our team will calculate the shares (UNI-V2 tokens) of ETH/NIOX and NIOX/USDT liquidity pool in random snapshots for each day over the two-week period. Liquidity providers need to supply liquidity in the ETH/NIOX or NIOX/USDT liquidity pool over a period of 24 hours.
- The rewards will be distributed based on the amount of UNI-V2 tokens from each address in the ETH/NIOX and NIOX/USDT liquidity pool.
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.
Autonio Foundation.
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Contact: contact@autonio.foundation
Thanks!
