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Announcements Gate.io Initial list Vent Finance (VENT)
Gate.io Initial list Vent Finance (VENT)
2021-09-10 07:46:02 UTC 48308 Read
Gate.io is going to commence Vent Finance (VENT) trading on Sep 10th, 2021 12:00PM UTC.

About Vent Finance (VENT) :
VENT is the first full stack Cardano-Polygon community launchpad eco that enables sustainable growth. The platform will open up new investment opportunities and make DeFi accessible to everyone. Combining simplicity, security, and transparency, VENT aims to reset the world's expectations of what a decentralised launchpad is and help evolve the reputation and maturity of the DeFi space and crypto eco as a whole. VentUp Launchpad, the first offering within the platform is where founders share innovative blockchain projects with the communities that will join forces to fund them. This is just the beginning of a long journey to empower users with best in class DeFi solutions.
Token symbol:VENT
Website:https://www.vent.finance/
Contract:0x5F0bc16D50F72d10b719dBF6845DE2E599eb5624

Vent Finance (VENT)Trading starts: Sep 10th, 2021 12:00PM UTC

Deposit Vent Finance (VENT) at: https://www.gate.io/myaccount/deposit/VENT
Trade Vent Finance (VENT) in USDT market via: https://www.gate.io/trade/VENT_USDT

Gate.io is a Cryptocurrency Trading Platform Since 2013
Top ranking, Trustworthy, Transparent

Gate will open an Automated Market Maker (AMM ) for VENT, and launch an AMM "liquidity-mining" rewards. Users who provide market liquidity by inserting liquidity in will get rewards from the liquidity pool transaction fee and GT token rewards from the liquidity reward pool. High annual rate rewards with security.

AMM Trading Market and AMM Liquidity Mining

Gate.io has launched a new version of the liquidity pool (centralized automated market maker (AMM) transaction service) on August 1st, 2021: allowing most of the new currency and non-mainstream currency markets to obtain the same liquidity advantage as Uniswap, and allows users to enjoy the low-cost and high-quality user experience of the centralized platform. Gate.io will continue to add different currencies, please pay close attention to follow-up announcements.

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

Gate.io is a Cryptocurrency Trading Platform Since 2013

Top ranking, Trustworthy, Transparent


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Gate.io Team

Sep 10, 2021

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