Gate.io Dual Currency Liquidity Mining Launched ETH/USDT, SUSHI/ETH Coin Pairs, with the 20-40% Annualized Return-Announcements-Gate.io

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ประเภทที่เกี่ยวข้อง: Others

2021-03-24 12:18

Gate.io officially launched a liquidity mining feature on March 20, which allows users to earn handling fees as a passive income by providing liquidity to the market. Gate.io dual coin liquidity mining can automatically display the impermanent loss and automatically earn income ! We initially launched ETH-BTC mining with a pool defined by low impermanent loss and stale earnings. Dual Currency Liquidity Mining Launches New Trading Pairs: ETH/USDT SUSHI/ETH Annualized return 20%-40% Experience liquidity mining now (website) : https://www.gate.io/en/liquidity We will launch more coin pairs in succession, and the mobile app will introduce this feature soon, so stay tuned! How do I participate in liquidity mining? Go to the Gate.io liquidity mining page and click the [Add to] button. Step 1: Select the pool of coin pairs to participate in Step 2: Select the coins used to provide liquidity in the pair. Only one coin can be added at a time. If you want to add two coins into the liquidity pool, you need to add them respectively, thus, the adding & exchanging process incurs zero handing fee.. Step 3: Read, understand and agree to the Gate Mining Service Agreement. The will automatically calculate the price, acquired share, and pool share percentage. Users can redeem the added funds at any time. Note: The price is an estimated value and depends on the stock of the liquidity pool. The process is subject to the price after adding. What is liquidity mining? Liquidity mining is a way to earn a passive income with crypto by pledging or staking cryptocurrencies into a liquidity pool. This is a new trend in decentralized finance (DeFi), that enables investors to earn maximum returns on their digital assets. Liquidity mining is open to everyone and is the core of decentralized financial models. In a nutshell, this means that you can be generously rewarded by simply staking your cryptocurrency. What is a share? Liquidity tokens (liquidity providing token, also known as LP token), refer to the tokens generated after liquidity providers invest and stake into a Liquidity Pool. In a Liquidity Pool, the more money users invest, the higher their share of liquidity tokens will be. At the same time, LP token is also a mathematical proof of the assets in the current pool and participants must hold LP tokens in order to recover their staked assets in the pool. What is impermanent loss? This refers to a temporary loss caused by volatility in a trading pair when investors stake funds in a liquidity pool. Impermanent loss assesses the current value of an investors assets against the value of the asset had it not been staked into a liquidity pool. Gate.io Cryptopedia about Liquidity Mining: https://www.gate.io/en/article/19849 Gate.io is an established exchange that holds integrity, transparency, and fairness to a very high standard. We charge zero listing fees and only choose quality and promising projects. Our exchange consists only of 100% real trading volume. Thanks to everyone who has joined us in our journey. We always intend to improve and innovate to reward our users for their continuous support. Gate.io Team March 24, 2021 Get 40% of all referees' trading fees in the affiliate program at https://www.gate.io/referral Click to Sign up :https://www.gate.io/m#/register Download it now at: https://www.gate.io/mobileapp Follow us on social Facebook: https://facebook.com/gateioglobal Twitter: https://twitter.com/gate_io Telegram:https://t.me/gateio Instagram:https://www.instagram.com/gateioglobal Medium:https://medium.com/@gateio