Bitcoin.com Offers $15,000 in Rewards for Liquidity and Trading Volume
Bitcoin.com is providing a reward of $15,000 to promote liquidity and trading volume for its ecosystem token, VERSE, on the Kucoin exchange. The campaign utilizes Hummingbot’s Liquidity Miner platform to encourage individuals to provide market-making services. This platform allows anyone to participate in market making and utilize the open-source Hummingbot client.
Rewards in VERSE and HBOT Tokens
The campaign, which started on January 16, offers rewards in Bitcoin.com’s VERSE and Hummingbot’s HBOT tokens. The rewards will be distributed over a 12-week period, with participants receiving $1,250 per week.
Instructions for Setting Up a Bot
Instructions for setting up a bot using Hummingbot’s open-source code to support market making can be found on the Hummingbot site.
Democratizing High-Frequency Trading
This is the second campaign of its kind offered by Bitcoin.com in partnership with Hummingbot. The previous campaign attracted 47 liquidity providers and added significant market depth for the VERSE/USDT pair. Bitcoin.com was interested in Hummingbot’s mission to democratize high-frequency trading, aligning with its own mission to create economic freedom.
Promoting Economic Freedom with VERSE
Bitcoin.com sees the VERSE token as a key player in the DeFi world, providing global access and empowering individuals to operate in the financial domain independently. By promoting liquidity and trading volume, VERSE enhances its utility within the Bitcoin.com ecosystem.
Hot Take: Bitcoin.com Rewards Liquidity and Trading Volume with VERSE Campaign on Kucoin
Bitcoin.com is offering $15,000 in rewards to boost liquidity and trading volume for its VERSE token on the Kucoin exchange. Through the Hummingbot Liquidity Miner platform, individuals are incentivized to provide market-making services. This campaign aims to democratize access to market-making opportunities and promote economic freedom. Rewards in VERSE and HBOT tokens will be distributed over a 12-week period. Bitcoin.com’s previous campaign attracted 47 liquidity providers, significantly increasing market depth for the VERSE/USDT pair. By supporting liquidity and trading volume, VERSE becomes a valuable asset within the Bitcoin.com ecosystem.
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