Gate.io Has Launched A New Version Of Liquidity Mining Pool Bonus For GSPI, ELEC, DX（Automated Market Maker AMM）,With The Current Annual Yield Up to 34,878.74%
Gate.io has launched GSPI/USDT，ELEC/USDT，DX/USDT，GSPI/ETH，ELEC/ETH，DX/USDT trading pairs, and a new version of liquidity mining pool bonuses (Automated Market Maker AMM) is now available for them. In addition, 50% of the trading fee will be added into the liquidity bonus pool; Taker and Maker fees are adjusted to 0.3% from now on; Gate.io Points reduction is not supported. (For VIP11 market maker and above regular handling fee is adopted as the Maker fee in the AMM mode. View the Announcement)
For this kind of liquidity mining pool, 50% of the trading fee will be added into the liquidity bonus pool; Taker and Maker fees are adjusted to 0.3% from now on (Gate.io Points reduction is not supported). Welcome to join them now!
USDT trading pair mining pool: GSPI，ELEC，DX
ETH trading pair mining pool: GSPI，ELEC，DX
Join GSPI，ELEC，DX Liquidity Mining to Gain Returns Now!
Gate.io has launched the Liquidity Mining Help Guide which offers common Q&A and procedures to help users. You can also join the Gate.io LM N Lending & Single-Asset Vault Group to share and discuss ideas with more users. The TG Group will bring more latest information on Liquidity Mining to you.
To further enhance the user experience, Gate.io has officially launched the centralized Automated Market Maker (AMM) service on August 1, 2021. This allows most of the new and non-mainstream coin markets to gain similar liquidity as Uniswap. It allows users to enjoy a low-cost and high-quality user experience on a c entralized platform. Gate.io will continue to add supported currencies, please pay close attention to further announcements.
Extended Reading: What is the Automated Market Maker (AMM) mechanism?
Through the automated market maker mechanism, the liquidity provider (LP) can earn trading fee revenue by providing liquidity to the market. The order takers offer fees to the LP in exchange for lower slippage. Through this mechanism, the market needs of both parties are well matched, allowing LPs and takers to get what they want. 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, inpermanent loss will occur and the larger the spreads, the larger the loss. 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 their share of the pool. Liquidity can be accessed in real time without any commission charges.Science: From Market Maker to Liquidity Mining, How Important is Liquidity?Why is Gate.io Liquidity Mining Great for Low Volatility?Science: What You Need to Know About Investments in Liquidity Mining Products
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Gate.io Team
April 20,2022
