In the world of cryptocurrency, liquidity stands as a pivotal element for maintaining a healthy market operation. In the Defi realm, with the absence of resources from large market makers, the community becomes a crucial contributor to liquidity provision. Various DEXs and derivative trading platforms have introduced liquidity mining initiatives to incentivize users to establish LPs (Liquidity Pools) and participate in liquidity provision, thereby fostering a thriving ecosystem.

Vortex is a multi-chain spot and contract exchange based on the ZK-SNARK protocol, facilitating peer-to-peer (orderbook) and point-to-pool (LP liquidity pool) trading under complete decentralization. To assist users in meeting their trading needs effectively while gaining substantial rewards, Vortex introduces various products like launchpads, lending, insurance, quantitative strategies, and a SaaS trading sharing platform based on underlying spot and contract trading.

In addition to product offerings, Vortex is actively reinforcing its liquidity incentive program for Orderbook spot and contract trading, aiming to reward users contributing to liquidity maintenance across multiple dimensions.

In-Depth Explanation of Vortex Liquidity Incentive

To extend liquidity for Orderbook spot and contract trading, Vortex has unveiled a robust liquidity mining incentive program, with a total reward pool of 48 million tokens, distributed over approximately 6 years, generating a daily output of 20,000 tokens.

Within Vortex, users can opt to provide depth limit orders for trading pairs like USDT + BTC/ETH/BNB to contribute liquidity for Orderbook trading. As a reward, users providing liquidity receive VTX token mining rewards. According to the economic model, 16% of the total VTX token supply is allocated for liquidity incentives. To mitigate user risk, the platform selected mainstream trading pairs for liquidity provisioning, ensuring users do not incur significant losses due to token price fluctuations, even in cases of executed orders.

Users have the flexibility to terminate and withdraw liquidity provision at any time. Liquidity rewards are settled and distributed 30 days after the mining output for the month. This design prioritizes user fund security, allowing them to adjust their capital allocation based on market conditions.

Calculation of Liquidity Mining Rewards

The specific size of rewards within the liquidity incentive program is determined by the scale of liquidity funds provided by users and the stability of their liquidity provision. The more liquidity funds a user provides and the more stable their online time, the greater the mining rewards they can acquire.

During the liquidity provision period, the following points should be noted:

1. Rewards are applicable to bid and ask quotations.

2. Only depth provision within the positive and negative 0.2% price range is incentivized.

3. Users need to maintain stable liquidity provision within a 30-day cycle, with online time being a vital metric for liquidity mining rewards.

4. Contract liquidity provision is calculated with a 50% discount.

For ordinary users with smaller capital volumes and unable to sustain continuous depth orders online, the platform’s lending feature allows them to lend funds to external quantitative institutions and earn stable interest income. Vortex plans to launch quantitative institution proxy liquidity mining pool services based on the stability of external institutions.

The liquidity incentive program aims to encourage platform users to actively participate in maintaining market liquidity, contributing to a healthy and active market environment. Simultaneously, users can earn additional VTX rewards by providing liquidity, resulting in a win-win scenario for both the ecosystem and the community.

The liquidity incentive program signifies an essential innovation in Vortex’s liquidity mining model. By incentivizing users to provide liquidity, it aids in sustaining a healthy and active market environment while enabling users to generate more income from their liquidity provision. This model undoubtedly injects substantial momentum into the development of the Vortex project. With the impending launch of Vortex’s BSC mainnet and the gradual realization of multi-chain deployment, we believe more and more users will join this flourishing community, driving the growth of the Vortex ecosystem.

Website: http://www.vortex.ink LinkTree: linktr.ee/VortexDex

In the world of cryptocurrency, liquidity stands as a pivotal element for maintaining a healthy market operation. In the Defi realm, with the absence of resources from large market makers, the community becomes a crucial contributor to liquidity provision. Various DEXs and derivative trading platforms have introduced liquidity mining initiatives to incentivize users to establish LPs (Liquidity Pools) and participate in liquidity provision, thereby fostering a thriving ecosystem.

Vortex is a multi-chain spot and contract exchange based on the ZK-SNARK protocol, facilitating peer-to-peer (orderbook) and point-to-pool (LP liquidity pool) trading under complete decentralization. To assist users in meeting their trading needs effectively while gaining substantial rewards, Vortex introduces various products like launchpads, lending, insurance, quantitative strategies, and a SaaS trading sharing platform based on underlying spot and contract trading.

In addition to product offerings, Vortex is actively reinforcing its liquidity incentive program for Orderbook spot and contract trading, aiming to reward users contributing to liquidity maintenance across multiple dimensions.

In-Depth Explanation of Vortex Liquidity Incentive

To extend liquidity for Orderbook spot and contract trading, Vortex has unveiled a robust liquidity mining incentive program, with a total reward pool of 48 million tokens, distributed over approximately 6 years, generating a daily output of 20,000 tokens.

Within Vortex, users can opt to provide depth limit orders for trading pairs like USDT + BTC/ETH/BNB to contribute liquidity for Orderbook trading. As a reward, users providing liquidity receive VTX token mining rewards. According to the economic model, 16% of the total VTX token supply is allocated for liquidity incentives. To mitigate user risk, the platform selected mainstream trading pairs for liquidity provisioning, ensuring users do not incur significant losses due to token price fluctuations, even in cases of executed orders.

Users have the flexibility to terminate and withdraw liquidity provision at any time. Liquidity rewards are settled and distributed 30 days after the mining output for the month. This design prioritizes user fund security, allowing them to adjust their capital allocation based on market conditions.

Calculation of Liquidity Mining Rewards

The specific size of rewards within the liquidity incentive program is determined by the scale of liquidity funds provided by users and the stability of their liquidity provision. The more liquidity funds a user provides and the more stable their online time, the greater the mining rewards they can acquire.

During the liquidity provision period, the following points should be noted:

1. Rewards are applicable to bid and ask quotations.

2. Only depth provision within the positive and negative 0.2% price range is incentivized.

3. Users need to maintain stable liquidity provision within a 30-day cycle, with online time being a vital metric for liquidity mining rewards.

4. Contract liquidity provision is calculated with a 50% discount.

For ordinary users with smaller capital volumes and unable to sustain continuous depth orders online, the platform’s lending feature allows them to lend funds to external quantitative institutions and earn stable interest income. Vortex plans to launch quantitative institution proxy liquidity mining pool services based on the stability of external institutions.

The liquidity incentive program aims to encourage platform users to actively participate in maintaining market liquidity, contributing to a healthy and active market environment. Simultaneously, users can earn additional VTX rewards by providing liquidity, resulting in a win-win scenario for both the ecosystem and the community.

The liquidity incentive program signifies an essential innovation in Vortex’s liquidity mining model. By incentivizing users to provide liquidity, it aids in sustaining a healthy and active market environment while enabling users to generate more income from their liquidity provision. This model undoubtedly injects substantial momentum into the development of the Vortex project. With the impending launch of Vortex’s BSC mainnet and the gradual realization of multi-chain deployment, we believe more and more users will join this flourishing community, driving the growth of the Vortex ecosystem.

Website: http://www.vortex.ink LinkTree: linktr.ee/VortexDex