The BigONE custodial exchange listed N3 GAS and is running a “Double” Liquidity Mining campaign for the GAS/USDT pool. During the liquidity mining event, participants will receive 50% of the trading fees spent on trades, and share from an additional pool of 2,000 USDT. The campaign is running now through 9:00 a.m. (UTC) on March 31, 2022.
Liquidity mining is a mechanism where individuals deposit their digital assets to an exchange in return for rewards, which is typically utilized by AMMs on non-custodial exchanges. However, BigONE deploys a hybrid AMM and order book model for its trading mechanism.
To participate, users must deposit both GAS and USDT into the liquidity pool, and the amount added must be equal to or more than 100 USDT.
BigONE was founded in 2017, is registered in the Netherlands, and listed N3 NEO in Nov. 2021. At the time of press, BigONE is ranked 36th in 24-hour trading volume on CoinMarketCap.com with approximately US $751.6 million.
The full announcement can be found at the link below:
https://bigone.zendesk.com/hc/en-us/articles/5014553644953
About The Author: Dylan Grabowski
Dylan is a reformed urban planner with a passion for covering the Neo ecosystem. His objective as a writer for Neo News Today is to report news in an objective, fact-based, non-sensational manner. When not behind a computer screen, he can be found in the mountains rock climbing. Find Dylan on Twitter (@GrabowskiDylan).
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