Liquidity Mining by DigiCol

DigiCol introduced Liquidity Mining to earn DGCL tokens with this incentive program.

Initially, 50,000 DGCL* will be distributed to the NFT buyers and sellers on DigiCol every week, based on their transaction volume.

• The number is subject to change and an announcement will be made in advance if any changes will be applied.

Start Date:

• 15th June 2021

Formula:

• The number of DGCL you will get = 50,000 * (your total transaction volume of the week / DigiCol total transaction volume of the week)

Example:

• The total transaction volume of DigiCol for a week is 1,000 ETH, and your buy + sell volume is 10 ETH. The number of DGCL you will get = 50,000* (10/1,000) = 500 DGCL

As previously stated in tokenomics, 42.4% (70,000,000 DGCL) of the DGCL total supply (165,000,000 DGCL) is allocated to liquidity farming program. To foster a healthy and robust development for platform, they understand that NFT artists and collectors are the most important elements.

With liquidity mining and the governance feature (voting) launched last month, most active participants will be holding more and more tokens and have a greater governance over platform.

What is DigiCol?

DigiCol aims to offer one-click NFT creation with no coding required, which lowers the entry barrier for normal users. Users can create their own digital collectibles and earn rewards ($DGCL) by launching them into a liquid NFT marketplace. It also enables NFT owners to unlock liquidity in ETH, USDT, or DGCL by locking their NFTs as collateral.

📰 INFO:

https://digicol.medium.com/introducing-liquidity-mining-291f1ba1c649