# Mining

<figure><img src="/files/Frtk6SD3RKhJ51YqAsan" alt=""><figcaption></figcaption></figure>

### Liquidity Mining

**DeltaTrade Liquidity Mining** is designed to incentivize users who provide effective liquidity. Effective liquidity refers to orders placed within a specified price range, requiring either a Grid Vault or Swing Vault. Each liquidity mining session lasts for one month.

### **Mining Pools**

Liquidity mining operates on a pair basis. A mining pool refers to a trading pair that is currently mining or about to start mining. The initial mining pools are NEAR/USDC, REF/USDC, and BRRR/USDC.

### **How to Mine**

1. Create a [Grid Vault](https://www.deltatrade.ai/bots/grid/vaults/NEAR_USDC) or [Swing Vault](https://www.deltatrade.ai/bots/swing/vaults/NEAR_USDC).
2. Select the trading pairs you want to participate in: NEAR/USDC, REF/USDC, BRRR/USDC.
3. Set the price within the specified mining price range. The price range can be found in the [event announcement](https://www.deltatrade.ai/activity/mining) and changes weekly.

<figure><img src="/files/kI86OHEf7O7jJC9yoNAU" alt=""><figcaption></figcaption></figure>

<figure><img src="/files/QxZGmlWUqAbaXh3zLMSv" alt=""><figcaption></figcaption></figure>

### **Reward Calculation and Distribution**

1. Mining rewards are calculated every hour. Within the same mining pool, all orders meeting the mining conditions share the hourly rewards based on the value of their pending orders.
2. After rewards are distributed to users, they need to be claimed. Rewards must exceed $1 to be claimed.


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