Firo’s 24-Week Liquidity Mining Campaign with Hummingbot: A Lucrative Opportunity for Crypto Enthusiasts
$Firo has just launched an exciting 24-week liquidity mining campaign in partnership with Hummingbot. The campaign, which began on September 24, 2024, offers participants the chance to earn a share of a $19,200 reward pool by providing liquidity for the FIRO/USDT pair on Binance and AscendEX exchanges.
Key Details:
- Reward Pool: A total of approximately $19,200 in FIRO tokens is up for grabs, distributed over 24 weeks at a rate of 684 FIRO per week.
- Eligible Pair: The campaign focuses on the FIRO/USDT pair, which will be available for trading on both Binance and AscendEX exchanges.
- Reward Requirements: Participants can earn rewards by placing maker orders with a spread of 2.0% or lower, encouraging high liquidity on both platforms.
Why Participate?
Liquidity mining is an excellent way for traders to earn passive income while contributing to market efficiency. By using Hummingbot, an automated market-making tool, users can configure bots to provide liquidity continuously, all while taking advantage of dynamic spread adjustments to optimize earnings based on market volatility.
Whether you are a seasoned trader or new to liquidity mining, this campaign offers an accessible way to participate in the growing world of decentralized finance. To get started, check out Hummingbot’s liquidity mining platform, set up your trading bot, and start earning rewards.
For more information, visit Firo’s official [liquidity mining page](https://firo.org/2024/09/24/firo-liquidity-campaign-sept24.html) or Hummingbot’s [support page](https://support.hummingbot.io/miner/new-24-week-for-firo-liquidity-mining-campaign) for step-by-step guidance on how to participate.