Phoenix Global Liquidity Mining

Summary stats of the previous PHB liquidity mining campaign

  • 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:

About Phoenix Global



Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store