Autonio is happy to announce the second Swarm campaign together with PIVX.
The campaign will start on the 1st of July at 2 pm UTC and will end on the 1st of August, also at 2 pm UTC. The campaign will take place on PIVX/BTC on Binance with a total reward of 2k USD, spread into 1k for liquidity provision and 1k for volume creation.
PIVX/BTC 1st of July - 1st of August on Binance
What is Swarm?
Swarm is Autonio’s liquidity mining protocol and infrastructure for crowdsourced liquidity, built on Polygon. This leading-edge tool incorporates a marketplace-based approach to market maker compensation, leveraging competitive dynamics to align rewards earned by market makers with the risks they bear in different market regimes.
This approach reduces coordination costs and improves matching efficiency pairing liquidity buyers (sponsors) with liquidity sellers (market makers).
Swarm has proven its effectiveness, both in generating liquidity on orderbook-based exchanges and in churning out rewards for campaign participants who provide liquidity.
How will the Swarm campaign work?
Participants will earn rewards for running the NIOX Maker on the PIVX/BTC pair within the prescribed spread. Amounts are based on hourly snapshots of whichever order book the Maker is running on -- in this case, the PIVX/BTC pair. So the tighter your spread, and the higher your order size, the more you can earn.
How to get started?
- Visit our Swarm page to check the list of campaigns and read terms.
- Connect with your NIOX Maker using your Web3 wallet account.
- Connect your Maker Module with the API keys of the exchange you want to use.
- Select the trading pair that is listed on Swarm.
- Run your sessions during the time specified in the campaign terms.
- Track your progress in the NIOX Maker dashboard and spread the word about Swarm! (recommendation)
- At the end of the campaign receive rewards to your MetaMask account that you used for running NIOX Maker.
Protected Instant Verified Transaction (PIVX) is a decentralized cryptocurrency project, governed by a community driven decentralized autonomous organization (DAO). It has been designed, engineered, and tested using advanced cryptography protocol to provide, first and foremost, user Financial Data Protection.
PIVX uses a Proof of Stake (PoS) consensus protocol and an advanced user's financial data protection through a highly customized, open-source implementation of the vetted academic anonymity protocol zero-knowledge succinct non-interactive argument of knowledge (zk-SNARKs) Sapling.
PIVX is also fully compliant with the Anti-Money Laundering and Counter-Terrorism Financing (AML/CFT) requirements governed by the Financial Action Task Force (FATF).
Autonio Foundation is a decentralized autonomous organization built around developing accessible, easy to use and affordable trading tools and services for the DeFi ecosystem.
Autonio is building a prosperous community around algorithmic trading by democratizing access to intelligent automated trading tools and infrastructure. These tools make it easier for crypto traders to conduct trading analysis, deploy trading algorithms, exchange crypto currencies, sell their strategies and pool funds for trading purposes, all with profitability, security and ease.
Have fun trading with Autonio!