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    Gate.io will list Santos FC Fan Token(SANTOS), Alpine F1 Team Fan Token(ALPINE), FC Porto Fan Token(PORTO)

    Creation Time:2022-04-21 08:29:38 UTCRead:33103

    Gate.io is going to commence Santos FC Fan Token(SANTOS) trading on 09:00am Apr 21st, 2022 UTC
    Alpine F1 Team Fan Token(ALPINE) trading on 08:00am Apr 22nd, 2022 UTC
    FC Porto Fan Token(PORTO) trading on 09:00am Apr 22nd, 2022 UTC

    About Santos FC Fan Token(SANTOS) :
    Santos FC, also known simply as "Santos" and familiarly as "Peixe", is based in Santos, São Paulo, Brazil. The team was founded on April 14, 1912, by the initiative of three sports enthusiasts from Santos by the names of Raimundo Marques, Mário Ferraz de Campos, and Argemiro de Souza Júnior.

    About Alpine F1 Team Fan Token(ALPINE)
    BWT Alpine F1 Team is a Formula One constructor which made its debut at the start of the 2021 Formula One World Championship.

    About FC Porto Fan Token(PORTO
    FC Porto is a Portuguese sports club based in the city of Porto, playing in the Primeira Liga, the Portuguese top football division championship (they have appeared in every season since the establishment of the league in 1934). The team was founded in 1893 and is considered one of the “Big Three” teams in Portugal

    Token symbol:SANTOS, ALPINE, PORTO

    Token Contract:
    Santos FC Fan Token(SANTOS) : 0xA64455a4553C9034236734FadDAddbb64aCE4Cc7
    Alpine F1 Team Fan Token(ALPINE): 0x287880Ea252b52b63Cc5f40a2d3E5A44aa665a76
    FC Porto Fan Token(PORTO): 0x49f2145d6366099e13B10FbF80646C0F377eE7f6


    Santos FC Fan Token(SANTOS) /USDT Trading starts: 09:00am Apr 21st, 2022 UTC
    Deposit Santos FC Fan Token(SANTOS) at https://www.gate.io/myaccount/deposit/SANTOS
    Trade Santos FC Fan Token(SANTOS) in USDT market via: https://www.gate.io/trade/SANTOS_USDT

    Alpine F1 Team Fan Token(ALPINE) /USDT Trading starts: 08:00am Apr 22nd, 2022 UTC
    Deposit Alpine F1 Team Fan Token(ALPINE) at https://www.gate.io/myaccount/deposit/ALPINE
    Trade Alpine F1 Team Fan Token(ALPINE) in USDT market via: https://www.gate.io/trade/ALPINE_USDT

    FC Porto Fan Token(PORTO) /USDT Trading starts: 09:00am Apr 22nd, 2022 UTC
    Deposit FC Porto Fan Token(PORTO) at https://www.gate.io/myaccount/deposit/PORTO
    Trade FC Porto Fan Token(PORTO) in USDT market via: https://www.gate.io/trade/PORTO_USDT

    Gate will open an Automated Market Maker (AMM ) for SANTOS, ALPINE, PORTO, and launch AMM "liquidity-mining" rewards. Users who provide market liquidity by inserting liquidity 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 bonuses and withdraw at any time

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    Gate.io Team
    Apr 20th, 2022

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