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: binance.com

About Phoenix Global

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