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!

--

--