$2000 are distributed to volume generators:
- $1000 will be distributed to the 10 participants that generated the highest volume in the end of the campaign
- all other participants will get their share of the other $1000
$2000 are distributed to liquidity providers
Participating in a Swarm campaign is easy, here are the few steps to follow to start earning rewards.
Connect to the NIOX Maker using your Web3 wallet account.
Connect your Maker Module with the API keys (trading & read-only) of the exchange(s) you want to use.
Select the trading pair that is listed on Swarm.
Run your sessions during the time specified in each campaign terms.
Track your progress in the NIOX Maker dashboard and spread the word about Swarm! not mandatory but appreciated :)
At the end of the campaign receive rewards to your MetaMask account that you used for running NIOX Maker.
Find answers to the most frequently asked questions.
Swarm is a liquidity mining protocol, a marketplace driven approach to market making to efficiently crowdsource liquidity. The initiative is very simple - the more liquidity and volume user brings, the more rewards he will get.
Yes, you can check NIOX Maker guidelines here.
Yes, in order for the NIOX module to place orders for both buy and sell, you should have both coins in your portfolio.
Yes, you don’t need to do anything in that regard.
Liquidity and volume generation rewards are calculated based on orderbook snapshots taken every minute. Details about reward calculation algorithm will be published.
Become a NIOX Swarm User and automatically boost specific pairs with a few clicks. Get rewarded for your liquidity providing and volume generation.