Gate Will Conclude 4 Time-limited Reward Pools of Liquidity Mining with GT Rewards Yield Up to 61% in One Day
Gate Will Conclude 4 Time-limited Reward Pools of Liquidity Mining with GT Rewards Yield Up to 61% in One Day
Since Gate liquidity mining products were launched, they have been very popular among users. On Gate, participants can share the additional GT rewards subsidized by the platform in addition to earning 100% of the transaction fees. On July 16th, Gate will conclude initial investment in 4 time-limited liquidity mining reward pools, including ETH/USDT，GT/USDT，ETH/BTC，BTC/USDT. Join Gate to participate in liquidity mining and earn profits.
Currently, Gate has launched 45 liquidity mining pools, with a total reward pool of up to 6,000 GT. the O3/USDT trading pair has the highest annualized rate of return today, reaching 76%, and the GT reward yield reached 61%; the ETH/USDT trading pair has the highest 24-hour trading volume at $86,299; the ETH/BTC trading pair has the highest total liquidity at $1,257,467.
Click here to participate：https://www.gate.com/en/liquidity
Click here to learn how to participate: https://www.gate.com/en/article/21337
Expended reading:
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 the share of the pool. Liquidity can be accessed in real time without any commission charges.
Gate's AMM Automated Market Making calculates bid and ask prices based on the "Constant Product Market Maker Model" (x*y=k), thus providing continuous quotes to the market.
What is a inpermanent 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 it 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.
Announcements and articles about liquidity mining:
Rewards of Gate Liquidity Mining Prize Pools Ramp Up! Total Rewards of ETH, GT, BTC Pools Up to 2k GT!
Gate Liquidity Mining (GT Reward Pool) Yields Up to 287%
Gate will soon launch GT/BTC/ETH liquidity mining Reward pool; Liquidity providers can get 100% commission and extra GT bonus
Gate Liquidity Mining For UNI, SHIB, DOGE, GT, FIL, LTC, XRP, DOT, ETH-BTC Is Now Available on Gate
FAQs for AMM Liquidity Pool
Science: What You Need to Know About Investments in Liquidity Mining Products
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July 15, 2021
