We’re thrilled to announce a VERSE/USDT trading contest on KuCoin, powered by Hummingbot. This 12-week campaign kicks off on January 21 at 12:00 am UTC, featuring a reward pool of $8,400 in USDT, paid out over the course of the program.

Campaign Details

• Start Date: January 21, 2025, 12:00 am UTC
• Duration: 12 weeks
• Total Reward Pool: ~$8,400 (USDT 700/week)
• Reward Token: USDT
• Eligible Pairs: VERSE/USDT
• Order Requirements: Maker orders with spreads of 2% or lower
• Platform For Trading: KuCoin
• Platform for Earning Rewards: Hummingbot

How To Earn Rewards

1. If you don’t already have an account on Kucoin, create one using this link to support our project.
2. Create an account on Hummingbot here. Be sure to link your Kucoin account with Hummingbot, enter your wallet information, and select which chain to receive your rewards on. You may find detailed instructions for getting your payout wallet set up on Hummingbot here.
3. Start trading on the VERSE/USDT pair on Kucoin!

Eligibility:

To qualify for rewards, make sure that you are placing maker (not taker) orders with spreads of 2% or less.

Payouts:

Rewards are earned during each weekly campaign that begins on Tuesdays at 00:00 UTC and ends Mondays at 23:59 UTC. Hummingbot processes the payouts within a few days. Users who have registered on Hummingbot will receive an email confirmation when the payout is completed each week.

What is Liquidity Mining and Does It Work?

This trading contest leverages Hummingbot’s Liquidity Mining mechanism. Liquidity mining allows participants to become market makers, a role traditionally reserved for professional trading firms. Using Hummingbot’s platform or any other compatible tools, individuals can place maker orders, maintaining tight spreads and improving market depth. Participants earn rewards in proportion to their contribution, creating a decentralized and accessible market-making process. Get more information and step-by-step instructions to configure your Hummingbot trading bot here.

Note that you don’t have to use a bot to earn rewards in this trading contest. You can manually set up trades, and as long as they meet the eligibility requirements described above, you will share in the rewards pool.

Supporting VERSE’s Vision

This initiative aligns with VERSE’s mission to expand access to decentralized finance and unlock economic freedom. By participating in this campaign, you’re not just earning rewards — you’re contributing to the growth and adoption of the VERSE token within the Bitcoin.com ecosystem. Learn more about Bitcoin.com’s VERSE token here.

Join the Campaign Today!

Don’t miss out on this opportunity to earn rewards while supporting VERSE liquidity. Stay tuned for updates on this campaign and follow us for more exciting opportunities to engage with the VERSE ecosystem!