Saturday April 10, 2021
Bitcoin (BTC) $60,396.00   Ether (ETH) $2,154.71
  • Events
  • News
    • Blockchain Technology
    • Capital Raising
    • Crypto Exchanges
    • Crypto Payments
    • Gaming & Betting
    • Mining
    • Networks & Protocols
    • Security
    • Vendor Technology
    • Wallets
NEWSLETTER SIGNUP
EXCHANGE 300+ COINS
CryptoNinjas
  • Crypto & Blockchain Links
  • Real-Time Market Data
  • Bitcoin ATM Map
  • Token Offerings/Listings
No Result
View All Result
CryptoNinjas
No Result
View All Result
Home Networks & Protocols

Zcoin (XZC) partners with Hummingbot for community market making

Zcoin is a Hummingbot liquidity mining launch partner with other prominent names in the space such as Liquid, 0x, Bitcoin.com exchange, Harmony, Solana, Loopring and iExec.

Published by CryptoNinjas.net
11/04/2019
Zcoin (XZC) partners with Hummingbot for community market making

The team of Zcoin, a next-generation privacy protocol cryptocurrency, announced it has formed a new partnership with Hummingbot as a liquidity mining launch partner to make the coin’s market-making more open, transparent, and efficient.

Powered by the open-source Hummingbot software client, a pool of independent users can utilize their own cryptocurrency holdings and computing resources to provide liquidity for partners and earn token-based rewards in the process.

Liquidity Mining Program

With this partnership, a Liquidity Mining Program for Zcoin will be launched to the general public.

In the near future, individual traders will be able to access high-frequency trading strategies that were previously only available to quantitative hedge funds. The program will enable individuals to earn payments based on the actual, measurable liquidity they create for Zcoin.

“We at Zcoin are very excited with our partnership with Hummingbot which democratizes market making and liquidity provision by empowering the community with the tools to do so. Liquidity Mining allows market-making to be done in a transparent and fair manner and frees the project from having to lock up funds with market makers for liquidity which can be challenging for community projects. We are glad to be a part of this historic moment in opening up a totally new approach to liquidity provision.”
– Reuben Yap, COO of Zcoin

Both Hummingbot and Zcoin anticipate a successful collaboration, and deeply believe a strong synergy exists by combining Hummingbot’s ability to decentralize market making with Zcoin’s strong community and proven privacy-enhancing technology.

“For a cryptocurrency like Zcoin to be used by everyone in the world, it has to be highly liquid and available in every market. Yet cryptocurrencies are held hostage by hedge funds who charge crazy sums of money for market making while providing little transparency. With Liquidity Mining, tokens finally have another option: empowering token-holders in their community to provide measurable, beneficial liquidity by running Hummingbot.”
– Michael Feng, co-founder and CEO of Hummingbot

8
SHARES
FacebookTwitterLinkedinRedditE-MailTelegram

Related News

Binance strengthens partnership with algo trading app Hummingbot to grow liquidity mining
Crypto Exchanges

Binance strengthens partnership with algo trading app Hummingbot to grow liquidity mining

03/25/2020
Hummingbot launches the first live campaigns for liquidity mining
Vendor Technology

Hummingbot launches the first live campaigns for liquidity mining

03/04/2020
Crypto exchange Liquid integrates with decentralized liquidity client Hummingbot
Crypto Exchanges

Crypto exchange Liquid integrates with decentralized liquidity client Hummingbot

02/04/2020
Eterbase seeks to build exchange liquidity with Hummingbot integration
Crypto Exchanges

Eterbase seeks to build exchange liquidity with Hummingbot integration

01/16/2020
Zcoin further decentralizes with launch of crowdfunding system
Networks & Protocols

Zcoin further decentralizes with launch of crowdfunding system

12/26/2019
Load More
Leave Comment

Where to Exchange

Bit2MeLeading Spanish Bitcoin ExchangeVisit
BL3P
European Bitcoin ExchangeVisit
ChangellyExchange & Buy 150+ CryptocurrenciesVisit
itBitAmerica's First Regulated Bitcoin ExchangeVisit
  • Trending
  • Latest
DEX liquidity provider PancakeSwap now available on SWFT Blockchain

DEX liquidity provider PancakeSwap now available on SWFT Blockchain

04/09/2021
Smart contract platform Avalanche integrates The Graph to expand querying and indexing

Smart contract platform Avalanche integrates The Graph to expand querying and indexing

04/09/2021
Decentralized cloud storage aggregator ColdStack gets investment from Digital Finance Group

Decentralized cloud storage aggregator ColdStack gets investment from Digital Finance Group

04/09/2021
NFT blockchain technology provider Arkane Network closes €1.55M seed round

NFT blockchain technology provider Arkane Network closes €1.55M seed round

04/09/2021
Alpha Finance Labs gets its yield farming protocol audited by OpenZeppelin

Alpha Finance Lab gets its yield farming protocol audited by OpenZeppelin

04/09/2021
Decentralized cloud storage aggregator ColdStack gets investment from Digital Finance Group

Decentralized cloud storage aggregator ColdStack gets investment from Digital Finance Group

04/09/2021
C.R.E.A.M. Finance's Iron Bank to bring protocol-to-protocol flash loans to DeFi 

C.R.E.A.M. Finance’s Iron Bank to bring protocol-to-protocol flash loans to DeFi 

04/09/2021
Smart contract platform Avalanche integrates The Graph to expand querying and indexing

Smart contract platform Avalanche integrates The Graph to expand querying and indexing

04/09/2021
NFT blockchain technology provider Arkane Network closes €1.55M seed round

NFT blockchain technology provider Arkane Network closes €1.55M seed round

04/09/2021
mWallet: ProximaX's blockchain-powered white-label mobile wallet

mWallet: ProximaX’s blockchain-powered white-label mobile wallet

04/09/2021
  • Home
  • Directory
  • Data
  • About
  • Contact
SUBSCRIBE

© 2016 - 2021 CryptoNinjas Disclosures | Privacy Policy

  • Home
  • Crypto Links
  • Market Data
  • Blockchain Tech
  • Exchanges
  • Capital Raising
  • Vendor Technology
  • Token Offerings/Listings
  • Payments
  • Wallets
  • Bitcoin ATM Map
  • Conferences & Events
  • About
  • Contact

© 2016 - 2021 CryptoNinjas Disclosures | Privacy Policy

Go to mobile version