Gate.io GT/BTC/ETH liquidity mining bonus pool has achieved wide and warm popularity by a wide range of users since its launch. Not only can users gain the regular yield of handling fees, but they can also share the additional reward of 5,600 GT. So far, the total amount of the pool has exceeded 4.07 million USD, of which the annualized return rate of ETH/USDT trading pairs is as high as 58% today. Users are welcome to experience it to earn more extra income.
Currently the reward pool is open for BTC/USDT, GT/USDT, ETH/BTC, and ETH/USDT liquidity mining trading pairs. Users can get 100% commission for providing liquidity as well as an additional split of 1400 GT per trading pair in the reward pool.* Annualized return is updated hourly, excluding impermanent losses.
BTC/USDT liquidity mining (reward pool of 1400GT, 7-day annualized yield up to 34%) [Only 1 day left to share the extra earnings]
Start time: 2021-06-23 14:30
End time: 2021-06-30 14:30
Click to participate (Web side).
https://www.gate.io/en/trade/BTC_USDT
GT/USDT Liquidity Mining (1400GT in the bonus pool, 7-day annualized yield up to 21%) [Only the last 2 days left to share the extra income
Start time: 2021-06-24 10:00
End time: 2021-07-01 10:00
Click to participate (Web side).
https://www.gate.io/en/trade/GT_USDT
ETH/BTC Liquidity Mining (1400GT in the bonus pool, 7-day annualized yield up to 24%) [Only the last 2 days left to share the extra income
Start time: 2021-06-24 18:00
End time: 2021-07-01 18:00
Click to participate (Web side).
https://www.gate.io/en/trade/ETH_BTC
ETH/USDT Liquidity Mining (1400GT in bonus pool, 7-day annualized yield up to 57%) [Only last 2 days left to divide share earnings
Start time: 2021-06-24 10:00
End time: 2021-07-01 10:00
Click to participate (Web side).
https://www.gate.io/en/trade/ETH_USDT
Expended 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 dividends by adding liquidity to the market. By adding liquidity, funds are injected into the pool, and the fee revenue earned from automatic 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 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 a inpermanent 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 it in the automated market maker liquidity pool. Irrespective of how the price of the digital asset changes, inpermanent loss will occur and the larger the spreads, the larger the loss.
Announcements and articles about liquidity mining:
Gate.io Cryptopedia: How to Get Liquidity Mining Yields?
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Gate.io Team
Jun 30, 2021
