Rewards are distributed to people utilizing the order book system. In order to receive rewards, you can place sell orders in the participating pairs.
The difference between the price of your order and the market price, as well as the amount of your order, determines the number of rewards you get.
To get the most rewards you need to place your larger sell orders closest to the market price. We will be doing snapshots of the order books once an hour and distribute rewards once a week as well.
As you move further away from the market price the rewards diminish.
The multiplier is used to multiply it by the order size and that will then become the weight for your position.
The “Blue Pool” is the first to participate in the Liquidity Mining program.
You will be able to earn rewards by providing liquidity on the order books for the trading of the following pairs on CoverRules.
C_CURVE/DAI — Rewards: 5 COVER per week
C_YEARN/DAI — Rewards: 5 COVER per week
C_BANCOR/DAI — Rewards: 5 COVER per week
C_AAVE/DAI — Rewards: 5 COVER per week
C_COMPOUND/DAI — Rewards: 5 COVER per week
C_BALANCER/DAI — Rewards: 5 COVER per week
C_UNISWAP/DAI — Rewards: 5 COVER per week