Gate.io Has Launched New Version of Liquidity Mining Pool (AMM model) for FORM, DNXC, LEMD with Annualized Yield up to 241.43%

إعلان Gate.io Has Launched New Version of Liquidity Mining Pool (AMM model) for FORM, DNXC, LEMD with Annualized Yield up to 241.43%

2021-08-11 04:37:44 UTC 51304 قراءة

The new version of the liquidity mining pool (Automated Market Maker Model) has been launched for AKITA, WSG, and YGG. 50% of the fee income in the whole market will be added to the liquidity bonus pool; Taker and Maker fees will be adjusted to 0.3% from now on (Gate.io Points reduction is not supported). Currently, AKITA, WSG, and YGG liquidity mining pools have a seven-day annualized return rate of up to 241.43%.

Click on the link to earn FORM: https://www.gate.io/en/liquidity_add/FORM_USDT
Click on the link to earn DNXC: https://www.gate.io/en/liquidity_add/DNXC_USDT
Click on the link to earn LEMD: https://www.gate.io/en/liquidity_add/LEMD_USDT

Trade FORM at: https://www.gate.io/trade/FORM_USDT
Trade DNXC at: https://www.gate.io/trade/DNXC_USDT
Trade LEMD at: https://www.gate.io/trade/LEMD_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.

The rules for markets to upgrade to the Automated Market Maker (AMM) model are as follows:

1) Fixed 0.3% commission fee for both Taker and Maker (temporarily consistent with Uniswap, subject to the needs of both market parties)
2) A fixed percentage (such as 50%) of the transaction fee will automatically be changed into GT through the open market and put into the AMM Reward Pool.
3) Anyone can become a liquidity provider (LP) and get the transaction fee rewards from the liquidity pool and the GT rewards that are invested in the liquidity bonus pool.
4) Liquidity providers provide liquidity to the market, but they need to bear in mind the risk of impermanent losses. For example, if the market price doubles, the impermanence loss is about 7%, and if the market price drops back to the original point, the impermanence loss disappears.
5) Liquidity providers can take bonus and withdraw at any time

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)

Expanded Summary

What is the Automated Market Maker (AMM) mechanism?
Through the AMM mechanism, liquidity providers (LPs) can earn market fees by providing liquidity to the market, and Takers contribute fees to the liquidity providers in exchange for lower trading slippage. Through this mechanism, the market needs of both parties are well-matchedwell matched, allowing LPs and Takers to get what they want.

What is a NIMBY loss?
Inconstant loss is the loss of funds due to spreads resulting from changes in the price of a digital asset after an investor has deposited it into an automated market maker liquidity pool. Irrespective of the direction in which the price of the digital asset moves, the erratic loss will occur, and the larger the deviation, the larger the erratic loss.

What is liquidity mining?
Liquidity mining is a method of acquiring more cryptocurrency by pledging cryptocurrency. It is a new trend in decentralized finance (DeFi) that enables cryptocurrency investors to fully utilize their crypto assets and earn higher returns, and allows anyone to 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-makingmarket making dividends by adding liquidity to the market. By adding liquidity, funds are injected into the pool, and the fee revenue earned from automated market making in the pool is distributed to the liquidity provider in proportion to the share of the pool. Liquidity can be accessed in real-timereal time without any commission fees.

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

Twitter: https://twitter.com/gate_io

Telegram：https://t.me/gateio

Instagram：https://www.instagram.com/gateioglobal

Medium：https://medium.com/@gateio

Gate.io Team

August 10, 2021

اختر اللغة والمنطقة

عملات ورقية