Since we launched liquidity mining for Hacken this April, Hacken liquidity mining campaign has attracted a total of 228 distinct individual miners as of July 25th, 2021. The traded volume contributed by liquidity miners peaked at 97% of total HAI/USDT trading volume on KuCoin and constantly maintains an average of 20%+ of its KuCoin volume.
Both the Hummingbot and Hacken communities feel pleased about the campaign performance, which demonstrates liquidity mining’s effectiveness in engaging the trader community, providing token liquidity and improving the token tradability, Hacken has decided to extend its HAI liquidity mining campaign for 3 months with a total reward pool of 15,000 USDT (1,250 USDT / week)!
We hope you will keep participating in the campaign and encourage new users to join. Don’t forget to sign up for your KuCoin account using our referral link to support the Hummingbot project! If you are interested in learning more about Hacken, watch our interview (starts at 09:15) with Hacken’s CEO, Dyma Budorin.
Summary stats of the Hacken liquidity mining campaign
During the past campaign period, we have seen consistent growth in the number of distinct miners and open order volume committed to promoting HAI token order book depth.
Below are some of the key metrics of the past campaign period (until July 25th, 2021):
- 228 distinct users participated and earned rewards
- Our liquidity miners accounted for US$9mm of filled order volume
- The open order book volume of HAI/USDT created by miners peaked at US$43.5K
- The average bid/ask spread is constantly within 1%
About Hacken Foundation
Hacken Foundation is a fully fledged organization that unites cybersecurity products and companies developing secure Web 3.0 infrastructure.
Hacken Foundation is trusted by both crypto industry leaders (Vechain, Ava Labs, FTX, and 300+ other entities) and traditional IT and product companies (Namecheap, AirAsia) while being an official partner of the government of Ukraine. Hacken Token (HAI) is a cybersecurity coin underlying the rapidly growing Hacken Foundation. Native token HAI serves as a utility for hundreds of different B2C, B2B, and B2G cybersecurity products and gives birth to new cybersecurity start-ups like HAPI.one (HAPI), Disbalancer (DDOS), PuriFi (UFI) and many more.
According to Hacken, HAI token may be referred to as the index of crypto industry cybersecurity.
*For full terms of the campaign, please see liquidity mining campaign terms.
To learn more about liquidity mining, see below:
- Hummingbot Miner’s app
- Hummingbot liquidity mining rewards and terms
- Hummingbot Academy
- Hummingbot Help Center
- 24/7 support
Important notes and disclaimers
Please review the Liquidity Mining Policy for the full disclaimer, including policies related to the use of Hummingbot.
The content of this Site does not constitute investment, financial, legal, or tax advice: none of the information contained on this Site constitutes a recommendation, solicitation, or offer to buy or sell any digital assets, securities, options, or other financial instruments or other assets, or to provide any investment advice or service.
No guarantee of profit: CoinAlpha does not claim that liquidity mining and participation in liquidity mining campaigns will be profitable, however measured, for the user. Liquidity mining yields are a measure of rewards compared to assets used for liquidity mining, excluding any gains or losses incurred from the underlying trading strategy.
1. Eligibility requirements: participation in liquidity mining is subject to eligibility requirements as specified in the liquidity mining policy.
2. Campaign terms subject to change: terms may be modified over the course of the campaign. We will announce any changes, if any, on our discord and reddit; the most up to date terms will also be posted on the liquidity mining campaign terms and the miners app.