Gate Has Launched New Version of Liquidity Mining Pool (AMM model) for FORM, DNXC, LEMD with Annualized Yield up to 241.43%

The new version of the liquidity mining pool (Automated Market Maker Model) has been launched for AKITA, WSG, and YGG. 50% of the fee income in the whole market will be added to the liquidity bonus pool; Taker and Maker fees will be adjusted to 0.3% from now on (Gate Points reduction is not supported). Currently, AKITA, WSG, and YGG liquidity mining pools have a seven-day annualized return rate of up to 241.43%.



Click on the link to earn FORM: https://www.gate.com/en/liquidity_add/FORM_USDT

Click on the link to earn DNXC: https://www.gate.com/en/liquidity_add/DNXC_USDT

Click on the link to earn LEMD: https://www.gate.com/en/liquidity_add/LEMD_USDT



Trade FORM at: https://www.gate.com/trade/FORM_USDT

Trade DNXC at: https://www.gate.com/trade/DNXC_USDT

Trade LEMD at: https://www.gate.com/trade/LEMD_USDT





To further enhance the user experience,
Gate has launched a new version of its liquidity pool (Centralized
Automated Market Maker service) on August 1, 2021: allowing most new and
non-mainstream coin markets to gain the same liquidity advantages as
Uniswap, and allowing users to enjoy a low-cost and high-quality user
experience on a centralized platform. Gate will continue to add
support for more tokens in the coming future, so be sure to check our
announcement board for future updates.







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
   
   
   
   Click here for the introduction of the new liquidity pool: Gate will upgrade some markets to automatic market maker (AMM) mode announcement (new 50% varying platform trading fee bonus)
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   Expanded Summary
   
   What is the Automated Market Maker (AMM) mechanism?
   Through the AMM mechanism, liquidity providers (LPs) can earn market fees by providing liquidity to the market, and Takers contribute fees to the liquidity providers in exchange for lower trading slippage. Through this mechanism, the market needs of both parties are well-matchedwell matched, allowing LPs and Takers to get what they want.
   
   What is a NIMBY loss?
   Inconstant loss is the loss of funds due to spreads resulting from changes in the price of a digital asset after an investor has deposited it into an automated market maker liquidity pool. Irrespective of the direction in which the price of the digital asset moves, the erratic loss will occur, and the larger the deviation, the larger the erratic loss.
   
   What is liquidity mining?
   Liquidity mining is a method of acquiring more cryptocurrency by pledging cryptocurrency. It is a new trend in decentralized finance (DeFi) that enables cryptocurrency investors to fully utilize their crypto assets and earn higher returns, and allows anyone to 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-makingmarket making dividends by adding liquidity to the market. By adding liquidity, funds are injected into the pool, and the fee revenue earned from automated 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-timereal time without any commission fees.
   
   
   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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   August 10, 2021