Gate.io Liquidity Mining For MBOX is now available on Gate.io
2021-12-01 13:25:58 UTC80667 views
Gate.io has opened liquidity mining pools for MBOX/USDT, MBOX/ETH. Users can access liquidity mining by going to the Gate.io App or website. Additional bonus pools will be added for the above pairs in the near future.Stay tuned for follow-up announcements.
Add Liquidity: https://www.gate.io/en/liquidity
Gate.io 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.
To further enhance the user experience, Gate.io has officially launched the centralized Automated Market Maker (AMM) service on August 1, 2021. This allows most of the new and non-mainstream coin
markets to gain similar liquidity as Uniswap. It allows users to enjoy a
low-cost and high-quality user experience on a centralized platform. Gate.io will continue to add supported currencies, please pay close attention to further announcements.
Click to view the new liquidity pool: Gate.io will upgrade some markets to automated market maker (AMM) (new 50% platform trading fee bonus)
Extended 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.io Liquidity Mining Great for Low Volatility?
Science: What You Need to Know About Investments in Liquidity Mining Products
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Gate.io Team
December 1 2021