• Language & Exchange Rate Switch
  • Preference Settings
    Rise/fall colour
    Start-End Time of the Change
Announcements Gate.io Liquidity Mining:HYDRA/USDT LM Reward Pool Adds Time-Limited 1,070 HYDRA Rewards

Gate.io Liquidity Mining:HYDRA/USDT LM Reward Pool Adds Time-Limited 1,070 HYDRA Rewards

2021-08-24 10:47:00 UTC 44902 Read
Gate.io launched HYDRA/USDT liquidity mining pool (Automated Market Maker AMM).To encourage more users to participate, Gate.io added a 1,070 Hydra time-limited bonus to HYDRA/USDT liquidity pools at 7:00 am UTC today. HYDRA/USDT pair has the highest 24-hour trading volume at 8,721.65 USDT. Experience Now!

Click on the link to earn HYDRA earnings: https://www.gate.io/en/liquidity_add/HYDRA_USDT
HYDRA trading link: https://www.gate.io/trade/HYDRA_USDT

To further enhance the user experience, Gate.io has launched a new version of its liquidity pool (Centralized Automated Market Maker service) on August 1, 2021: allowing most new and non-mainstream coin markets to gain the same liquidity advantages as Uniswap, and allowing users to enjoy a low-cost and high-quality user experience on a centralized platform. Gate.io will continue to add support for more tokens in the coming future, so be sure to check our announcement board for future updates.

Click here for the introduction of the new liquidity pool: Gate.io will upgrade some markets to automatic market maker (AMM) mode announcement (new 50% varying platform trading fee bonus)

Additional Reading:
What is the Automated Market Maker (AMM) mechanism?
Through the automated market maker mechanism, the liquidity provider (LP) can earn trading fee revenue by providing liquidity to the market. The order takers offer fees to the LP in exchange for lower slippage. Through this mechanism, the market needs of both parties are well matched, allowing LPs and takers to get what they want.

What is an impermanent loss?
It refers to the loss of capital due to spreads that occur when the price of a digital asset changes after an investor has deposited in the automated market maker liquidity pool. Irrespective of how the price of the digital asset changes, inpermanent loss will occur and the larger the spreads, the larger the loss.

What is liquidity mining?
Liquidity mining is a method of acquiring more cryptocurrencies by pledging cryptocurrency. It is a new trend in decentralized finance (DeFi) that allows cryptocurrency investors to fully utilize their crypto assets and receive higher returns. Anyone can participate in the eco. Simply put, this means locking in cryptocurrencies to receive rewards.

What are the benefits of providing liquidity?
Users can earn market making dividends by adding liquidity to the market. By adding liquidity, funds are injected into the pool, and the fee revenue earned from automatic market making in the pool is distributed to the liquidity provider in proportion to their share of the pool. Liquidity can be accessed in real time without any commission charges.

Science: From Market Maker to Liquidity Mining, How Important is Liquidity?
Why is Gate.io Liquidity Mining Great for Low Volatility?
Science: What You Need to Know About Investments in Liquidity Mining Products

Gate.io is a Cryptocurrency Trading Platform Since 2013

Top ranking, Trustworthy, Transparent

Sign up to enter the crypto gateway and get 40% commission from referrals

Download iOS/Android App right now.

Follow us on social media

Twitter: https://twitter.com/gate_io




Gate.io Team

August 24, 2021

Share Posts
Related Articles
Coin on the Solana Chain: MOTHER IGGY(MOTHER) Trading Competition is Live, Join and Share $8,000 Rew... Gate.io Startup:AgoraHub (AGA) Initial Sale Result & Listing Schedule Gate.io Supports Simple Earn ENA/IO/ATH : Real-Time APR Reaches 499.32%! Gate.io Startup:Cookie (COOKIE) Initial Sale Result & Listing Schedule Gate.io Startup:Petoshi (PETOSHI) Initial Sale Result & Listing Schedule Announcement on Gate Web3 Startup Token Project AgoraHub(AGA) and Rules of Participation in Win and...
Language and Region
Exchange Rate
Go to Gate.TR?
Gate.TR is online now.
You can click and go to Gate.TR or stay at Gate.io.