Market-making as mining means that users who place orders within a certain price range can get VX as rewards. The order with a larger amount, a long time, and a closing price will get more reward.
Rules for Market-making as mining
How to participate: Users can only participate in Market-making as Mining when placing orders on a "minable" trading pair. When the selling price fluctuates by 10% (different trading pairs have different floating intervals), this interval is called the mining range, and only the order is within this interval could get the mining reward.
Daily release volume: 10% of the VX release volume each day is used for Market-making as Mining rewards. The proportion of each basic market is as follows:
BTC market 5%
ETH market 1.5%
VITE market 1.5%
USDT market 2%
Mining calculation: can be viewed https://vite.wiki/dex/#market-making-as-mining
Market-making as Mining in Vite Wallet App
1. Open the Vite wallet app and find a pair with a minable icon;
2. Make sure that you have enough balance for trading. (You can convert wallet account assets to exchange assets)
3. Place an order as per the reference price. You can refer to the steps in the figure below.