We’re thrilled to share that Firo is extending its liquidity mining campaign on Binance for an additional 12 weeks, funded by the Firo Community Fund! With a total reward pool of approximately US$10,800 up for grabs!
Since the launch of our liquidity mining program, we’ve had an incredible response from the community, with a total of 667 distinct miners participating in our campaigns. Together, we’ve achieved an impressive filled order volume of $97.5 million as of June 6, 2023.
We would like to express our sincere gratitude to all the participants who have contributed to the success of our liquidity mining initiative thus far. Your support and engagement have been instrumental in making this campaign such a resounding success!
- Start date: June 13, 2023, 12:00 AM UTC
- Total reward pool*: ~US$10,800 (FIRO 300 + HBOT 5,000 per week)
- Reward token: FIRO
- Eligible token pairs: FIRO/BTC & FIRO/BUSD
- Eligible orders: Maker orders placed with spreads of 2.0% or lower
- Exchange: Binance
This extension is made possible through the generous funding provided by the Firo Community Fund. We are grateful for their support in enabling us to continue rewarding our dedicated community members!
What is Hummingbot?
Hummingbot Liquidity Mining is a decentralized, community-based market making. It allows anyone (communities, the general market) to participate in market making for a token and contribute to its liquidity and improve the tradability of that token. By participating, users are not only helping to support the token and the project, but through liquidity mining, they are able to earn token rewards based on their trading activity.
How Does the Campaign Work?
During the campaign, users who provide liquidity to the FIRO/BTC & FIRO/BSUD pool on Binance will earn rewards in FIRO.
How to Get Started?
To participate in the campaign, you’ll need to set up your wallet on the Hummingbot Miner app. Hummingbot has provided a detailed guide on how to set up the app on their website. Once you’ve set it up, you can follow the steps to connect it to the Binance exchange and start providing liquidity to the FIRO/BTC or/and FIRO/BSUD pool.
Don’t miss out on this incredible opportunity to earn rewards while actively participating in the Firo community! Whether you’re an existing participant or a newcomer, we encourage you to join our liquidity mining campaign and experience the benefits firsthand.