Gate will list Nine Chronicles (WNCG)

Gate is going to commence Nine Chronicles (WNCG) trading on Aug 17th, 2021 02:00 AM UTC.



About Nine Chronicles (WNCG)：

Nine Chronicles is the world’s first fully decentralized & open
source MMORPG, with user generated NFTs & serverless infrastructure
powered by the community. Nine Chronicle Gold (NCG) is an in-game token
of Nine Chronicle, which is used for payments, staking, and governance.
NCG can be earned by playing the game. With Ethereum bridge, Nine
Chronicle Gold is now available in ERC-20 compatible form, Wrapped NCG
(WNCG).

Token symbol：WNCG

Token Contract：0xf203ca1769ca8e9e8fe1da9d147db68b6c919817

Website：https://nine-chronicles.com/



Nine Chronicles（WNCG)/USDT Trading starts: Aug.17th, 2021 02:00AM UTC.



Deposit Nine Chronicles（WNCG)at https://www.gate.com/myaccount/deposit/WNCG

Nine Chronicles（WNCG) in USDT market via: https://www.gate.com/trade/WNCG_USDT

Nine Chronicles（WNCG) in BTC market via: https://www.gate.com/trade/WNCG_BTC



Gate will open an Automated Market Maker (AMM ) for WNCG, and launch an
AMM "liquidity-mining" rewards. Users who provide market liquidity by
inserting liqudity 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 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 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.
   
   
   
   Gate is a Cryptocurrency Trading Platform Since 2013

   Top ranking, Trustworthy, Transparent

   
   

   Sign up to enter the crypto gateway and get 40% commission from referrals

   Download iOS/Android App right now.

   
   

   Follow us on social media

   Twitter: https://twitter.com/gate_io

   Telegram：https://t.me/gateio

   Instagram：https://www.instagram.com/gateioglobal

   Medium：https://medium.com/@gateio

   
   

   Gate Team

   Aug 17, 2021