October 8, 2020

Liquidity mining: 100,000 GUNTHY added to the prize pool!

Our liquidity mining beta enters its second week tomorrow and Gunbot is adding 100,000 GUNTHY tokens to the existing 100,000 NEX prize pool!

The additional 100,000 GUNTHY tokens (roughly $10,000) will be split over the remaining four weeks of the program (25,000 GUNTHY per week).

The reward pool now stands at 20,000 NEX per week plus 25,000 GUNTHY. 10,000 NEX and 12,500 GUNTHY will be awarded for taker volume and 10,000 NEX and 12,500 GUNTHY for maker volume.

Both NEX and GUNTHY rewards are distributed proportionally to the volume you trade. See our liquidity mining announcement for more details.

The GUNTHY/BTC market will be added as an eligible pair, in addition to BTC/USDC, ETH/USDC, NEO/USDC, ETH/BTC, NEO/ETH and LINK/USDC.

If you’re interested in running Gunbot but don’t have it yet, it is available through these official resellers. Gunbot’s own documentation for setting up your bot with Nash API keys can be found here.

Results from the first week of the program will be available tomorrow on mining.nash.io.

Tom

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Rates may vary over time. Crypto-powered earnings on Nash are not covered by any deposit guarantee schemes like bank savings accounts and involve risks unique to the underlying technologies: (i) Exploitations of the smart contracts used; (ii) Forex fluctations between your national currency and the US dollar, which underlies crypto earnings assets; (iii) USD stablecoins losing their peg.

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Nash Exchange B.V. is registered with De Nederlandsche Bank N.V. (DNB) as a provider of crypto services. DNB conducts supervision and monitors Nash Exchange B.V.’s compliance with the Money Laundering and Terrorist Financing Prevention Act and the Sanctions Act 1977. Nash Exchange B.V. is not under the prudential supervision of DNB nor under business conduct supervision of the AFM. This means there is no supervision of financial requirements or business risks and no specific consumer financial protections.

Neon Exchange Aktiengesellschaft is a partner of Modulr Finance B.V., a company registered in the Netherlands with company number 81852401, which is authorised and regulated by the Dutch Central Bank (DNB) as an Electronic Money Institution (Firm Reference Number: R182870) for the issuance of electronic money and payment services. Your account and related payment services are provided by Modulr Finance B.V. Your funds will be held in one or more segregated accounts and safeguarded in line with the Financial Supervision Act – for more information please see this link.

Neon Exchange Aktiengesellschaft also provides fiat-crypto exchange services. These are separate and unrelated to the account and payment services you receive from Modulr Finance B.V.