Since the launch of GT/BTC/ETH reward pools, it has been very popular among users. On Gate.io, participants can share the additional GT rewards subsidized by the platform in addition to earning 100% of the transaction fees. Till now, the pool has reached a total of more than 3.48 million dollars. And the ETH/USDT trading pair has an annualized yield of 46%. Join Gate.io to participate in liquidity mining and earn profits.
Gate.io has launched reward pools of a number of liquidity mining including BTC/USDT, GT/USDT, ETH/BTC and ETH/USDT trading pairs. As long as users provide liquidity, they will get 100% of the transaction fees and additional rewards of 1400 GT in each reward pool.
*The annualized yield is updated every hour, excluding impermanent losses.
BTC/USDT Liquidity Mining (Reward pool of 1400GT, 7-day annualized yield reaches 36%)
Only 3 days left to share extra bonus
Start time: 2021-06-23 14:30 UTC
End Time: 2021-06-30 14:30 UTC
Click to participate (website):
https://www.gate.io/en/trade/BTC_USDT
GT/USDT Liquidity Mining (Reward pool of 1400GT, 7-day annualized yield reaches 27%)
Only 4 days left to share extra bonus
Start time: 2021-06-24 10:00 UTC
End Time: 2021-07-01 10:00 UTC
Click to participate (website):
https://www.gate.io/en/trade/GT_USDT
ETH/BTC Liquidity Mining (Reward pool of 1400GT, 7-day annualized yield reaches 32%)
Only 4 days left to share extra bonus
Start time: 2021-06-24 10:00 UTC
End Time: 2021-07-01 10:00 UTC
Click to participate (website):
https://www.gate.io/en/trade/ETH_BTC
ETH/USDT Liquidity Mining (Reward pool of 1400GT, 7-day annualized yield reaches 44%)
Only 4 days left to share extra bonus
Start time: 2021-06-24 10:00 UTC
End Time: 2021-07-01 10:00 UTC
Click to participate (website):
https://www.gate.io/en/trade/ETH_USDT
Additional Reading:
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 rewards by adding liquidity to the market. By adding liquidity, funds are injected into the pool, and the fee revenue is earned from the automated market-making in the pool. It is distributed to the liquidity provider in proportion to the share of the pool. Liquidity can be accessed in real-time without any commission charges.
Gate.io's AMM Automated Market Making calculates bid and ask prices based on the "Constant Product Market Maker Model" (x*y=k), thus providing continuous quotes to the market.
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, an impermanent loss will occur, and the larger the spreads, the larger the loss.
Announcements and articles about liquidity mining:
Gate.io Liquidity Mining (GT Reward Pool) Yields Up to 287%
Science: What You Need to Know About Investments in Liquidity Mining Products
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Gate.io Team
Jun 28, 2021
