Liquidity mining beta: 100,000 NEX are up for grabs!

Nash is launching a beta liquidity mining program to create incentives for traders. Our program offers a total of 100,000 NEX to traders in proportion to the volume they create on our exchange.


This is a companion discussion topic for the original entry at https://blog.nash.io/liquidity-mining-beta-100-000-nex-are-up-for-grabs/
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Are the volumes seperated between maker and taker?

For example I‘m doing 10k/day as maker and 1k/day as taker.

Overall I have a volume of 77k in the week. So, will my maker volume qualify me for the taker volume as well even if I haven‘t reached the 10k/day one the taker side?

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Qualifying is total volume, so $10k combined volume.
For rewards we will separate as we want to provide rewards for people on both sides.

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To those of us watching from the outside, we are cheering you all on! :smiley:

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@canesin if i have staked greater than 1000 NEX for 24 months and if I do voulme of $ 5000 will I qualify for the reward ?

Since Volume bonus is 100% then $ 5000 *2 = $10000 this will mean that I have exceeded the threshold volume of $10000.

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Is there any place one can see total volume traded per day? I can see the trading history, but then have to add up each trade to see how much provided in volume?

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The bonus applies for computing the rewards only @Hitesh.

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Im thinking about my personal trading volume. Would be nice to see it somewehere. Not just trading history but all trades added up as a total volume per day

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One can see the daily volume on the limits tab both on web or the app.

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Fabio can you please show where it is. Not able to find it.

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Bottom right, right above the price input for buying and selling.

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Got it thanks a lot.

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I don’t remember exactly for which reason, but many ICO investors who got 1000 NEX ended up having a small fee taken, ending up with staking 999 NEX. Would you consider to lower the 1000 threshold to 999?

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As far as I remember canesin already positively replied to a similar question somewhere.

Is there no longer the idea of a snapshot to join the program, and the bonus will be applied at the time of calculating rewards? I’m a bit off having 1000 staked for 24 months, but could I potentially add to my stake on the last day of the week?

yes @dvnc you are correct - the NEX staked is a multiplier to compute the reward and each week you can add to your stake at any moment.

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As I understand the rewards are posted on the leaderboard at mining.nash.io, but I cant see how many tokens I myself has been entitled to? Is this going to be posted later?

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The first leader board update is to happen in a few hours.

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Hello @canesin. I would like to once again congratulate you and the whole team on the successful start of the program :hugs: :tada: :tada: :tada:

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