Voting of Liquidity Mining is now completed
London 21st of November 2020
We yesterday finished the voting to approve a liquidity mining program on PayRue DEX. Click Here for details.
Some background information, facts, and process of participating in the mining program.
PayRue DEX is an order book driven dex on Binance Smart Chain, you connect with PayRue DEX by connecting your MetaMask has to be set for BSC.
Connect here PayRue DEX
PayRue DEX is a new order book driven DEX and by such we don't have a lot of assets listed yet, but we will add these on a regular basis, and we do welcome ideas and proposals from the community as well.
To trade on PayRue DEX there is a fee schedule
- Maker Fees which is set at 0 that means anyone can create an order and if another person trades on that order you don't pay any fees for that trade.
- Taker Fees which is set at starting on 0.25% but gradually reduce if you hold PROPEL on your Exchange Wallet on PayRue DEX.
3. Minimum order size is 3 BNB.
Rewards for Liquidity Mining — How to earn PROPEL
For December 2020, PayRue has put aside 1,500,000 PROPEL that will be distributed to traders active in PayRue DEX.
To be eligible you will need to trade for a minimum of 1,000 BUSD notional under December that is for example buying selling any assets that would amount to 1,000 BUSD in total under 30 days.
The rewards for each trader will then be calculated proportionally on their notional trading amount versus other traders * size of the December 2020 Liquidity Mining Pool 1 of PROPEL by PayRue.
Any Questions on this please contact us Direct on
PayRue DEX Trading Telegram Group HERE
The PayRue Team
