Gate will list Talken (TALK)

Gate is going to commence Talken (TALK) trading on Sep 10th, 2021 12:00PM UTC.



About Talken (TALK):

Talken is a multi-chain decentralized NFT wallet with a large community. It is a seamlessly interoperable multi-chain NFT Suite, where K-pop stars, artists, and influencers can mint, auction, store, and trade NFTs. Talken is an open NFT eco bridging untapped NFT enthusiasts of Korea to Talken’s native NFTs and other famous NFTs by protocols such as Rarible, OpenSea, SuperRare, etc. Our mission is to push for an inclusive and border-less NFT expansion, and empower digital creators and collectors with better tools and services to bring NFT mainstream.

Token symbol：TALK

Website：https://talken.io/

Contract：0xcaabcaa4ca42e1d86de1a201c818639def0ba7a7



Talken (TALK)Trading starts: Sep 10th, 2021 12:00PM UTC



Deposit Talken (TALK) at: https://www.gate.com/myaccount/deposit/TALK

Trade Talken (TALK) in USDT market via: https://www.gate.com/trade/TALK_USDT



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Gate will open an Automated Market Maker (AMM ) for TALK, and launch an AMM "liquidity-mining" rewards. Users who provide market liquidity by inserting liquidity in will get rewards from the liquidity pool transaction fee and GT token rewards from the liquidity reward pool. High annual rate rewards with security.



AMM Trading Market and AMM Liquidity Mining



Gate has launched a new version of the liquidity pool (centralized automated 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 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
   
   
   
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   Gate Team

   Sep 10, 2021