Previously, Gate launched a new version
of the liquidity mining pool (Automated Market Maker AMM) of the
trading services of FORM/USDT、CGG/USDT、HAPI/USDT、XPR/USDT、PDEX/USDT. Presently,
the above trading services have sufficient liquidity and active trading
volume. Gate has restored the above trading services from AMM
liquidity pool mode to normal trading mode (the commission returns to
the normal rate, and the proportion of commission income of the trading
market invested in the bonus pool is adjusted from 50% to 10%)
After the normal mode is restored, the commission of 0.3% under the
original AMM mode will immediately return to the normal rate, and the
participants in the liquidity pool can still receive the commission
reward for the trading of the pool.
Meanwhile, under the principle of not affecting the user experience and avoiding too much impact on existing liquidity users, the
50% of commission income of the trading market under the original AMM
mode will be adjusted to 10%, which will also be invested into the
liquidity bonus pool.Gate will also continue to add
additional rewards in the liquidity bonus pool to enable more users to
better participate in the liquidity mine pool. Please pay close
attention to the subsequent announcements.
Add Liquidity: https://www.gate.com/liquidity
Gate has officially opened the "liquidity mining" Telegraph chat group.
Discuss with other users and grasp the latest information on liquidity mining. Click to join the Liquidity Mining Telegram Chat Group.
Additional 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 Liquidity Mining Great for Low Volatility?
Science: What You Need to Know About Investments in Liquidity Mining Products
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Gate Team
October 4, 2021
