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Announcements
Gate.io will list ApeCoin(APE)
Gate.io will list ApeCoin(APE)
2022-03-18 05:01:46 UTC
89156 Read
Gate.io is going to commence ApeCoin trading on March 17th, 2022, 12:30PM UTC
About ApeCoin :
APE is an ERC-20 governance and utility token used within the APE Ecosystem to enhance member engagement and build a diverse and decentralized community.
Token symbol：APE
Token Contract ：https://etherscan.io/token/0x4d224452801aced8b2f0aebe155379bb5d594381
Website：https://apecoin.com/
ApeCoin(APE) /USDT Trading starts: 12:30 pm March 17th, 2022, UTC
Deposit ApeCoin(APE) at :https://www.gate.io/myaccount/deposit/APE
Trade ApeCoin(APE) in USDT market via: https://www.gate.io/trade/APE_USDT
Gate will open an Automated Market Maker (AMM ) for APE, and launch an AMM "liquidity-mining" rewards. Users who provide market liquidity by inserting liqudity in will get rewards from liquidity pool transaction fee and GT token rewards from liquidity reward pool. High annual rate rewards with secure.
AMM Trading Market and AMM Liquidity Mining
Gate.io has launched a new version of the liquidity pool (centralized automatic 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
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/gate_zh
Instagram：https://www.instagram.com/gateioglobal
Medium：https://medium.com/@gateio
Podcast: https://gateio.buzzsprout.com/?ch=buzzs
Gate.io Team
March 17th, 2022
About ApeCoin :
APE is an ERC-20 governance and utility token used within the APE Ecosystem to enhance member engagement and build a diverse and decentralized community.
Token symbol：APE
Token Contract ：https://etherscan.io/token/0x4d224452801aced8b2f0aebe155379bb5d594381
Website：https://apecoin.com/
ApeCoin(APE) /USDT Trading starts: 12:30 pm March 17th, 2022, UTC
Deposit ApeCoin(APE) at :https://www.gate.io/myaccount/deposit/APE
Trade ApeCoin(APE) in USDT market via: https://www.gate.io/trade/APE_USDT
Gate will open an Automated Market Maker (AMM ) for APE, and launch an AMM "liquidity-mining" rewards. Users who provide market liquidity by inserting liqudity in will get rewards from liquidity pool transaction fee and GT token rewards from liquidity reward pool. High annual rate rewards with secure.
AMM Trading Market and AMM Liquidity Mining
Gate.io has launched a new version of the liquidity pool (centralized automatic 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
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/gate_zh
Instagram：https://www.instagram.com/gateioglobal
Medium：https://medium.com/@gateio
Podcast: https://gateio.buzzsprout.com/?ch=buzzs
Gate.io Team
March 17th, 2022
