Phoenix Global Liquidity Mining
Phoenix Global resumes the liquidity mining campaign for another 3 months with a total reward pool of ~US$15,000 in PHB tokens.
Below are some of the key metrics of the past campaign period as of May 24th, 2021.
- 482 distinct users participated and earned rewards
- Liquidity miners have constantly accounted for 60% or above of total daily PHB/TUSD trading volumes on Binance
- Liquidity miners accounted for US$45M of filled order volume
- Open order book volume created by miners peaked at US$66K with an average of $30K+
- The weighted average miners bid-ask spreads have consistently and generally been tighter than 1.5%
New Campaign Terms
- Start date: June 15th, 2021 12:00 AM UTC
- Total reward pool: USD 15,000 for 12 weeks
- Reward token: PHB
- Eligible token pair: PHB/TUSD
- Eligible orders: maker orders placed with spreads of 2% or lower
- Exchange: binance.com
What is Phoenix Global?
Phoenix Global (PHB) is a cryptocurrency, which has been listed on 9 markets. The PHB token drives the Phoenix Global platform, which aims to power the next generation of consumer applications on the blockchain. The project comprises Phoenix Oracles connecting real-world asset prices to the blockchain, Federated Learning allowing large sensitive datasets to be used safely and securely for AI & machine learning, and its own native blockchain with bridges to Binance Smart Chain, Ethereum, Solana, NEO, and Tron.
š° INFO:
https://phoenixglobal.medium.com/phoenix-global-liquidity-mining-7f63e9c79dac
