**Proposer:** CoinAlpha Inc.

**Contact:** partnerships@coinalpha.com

**Requested amount:**    $16,000 (worth in PDEX)

**Short Description:**
This submission proposes to run a campaign on Hummingbot Miner platform, in order to improve organic liquidity and trading activity on KuCoin for PDEX/USDT. The requested treasury funds will be used to cover the platform fees and reward pool to be distributed among users.

**Duration:** The requested funds will cover 3 months.

**Program details and logistics:**
Polkadex on-chain treasury agrees to enter into a 3 months engagement with CoinAlpha, to run a Hummingbot Miner campaign for PDEX/USDT on KuCoin.
$10,000 worth of PDEX will be distributed as rewards to participants. 
$6,000 worth of PDEX will be used to pay the platform fees for Hummingbot Miner, including gas fees incurred when paying out rewards to participants.


The final amount of PDEX requested dependent on the price at submitting the request. If price moves by more than 2% downwards between the submission time and the payout time, the difference will compensated with another request.



- **Problem Statement:** CoinAlpha Inc. proposes a campaign on Hummingbot Miner to enhance liquidity and trading on KuCoin for PDEX/USDT.
- **Audience:** Polkadex on-chain treasury.
- **Significance:** Improve organic liquidity and trading activity on KuCoin for PDEX/USDT.
- **Proposed Solution:** Run a 3-month Hummingbot Miner campaign with $16,000 worth in PDEX covering platform fees and reward pool.
- **Expected Outcomes:** Increased trading activity, enhanced liquidity, and engagement on KuCoin for PDEX/USDT pair.

#2423 Hummingbot Miner Campaign for PDEX/USDT on KuCoin