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      Gate.io Liquidity Mining: NAFT/USDT LM Reward Pool Adds Time-Limited 331,889 NAFT Rewards

      Gate.io launched NAFT/USDT liquidity mining pool (Automated Market Maker AMM).To encourage more users to participate, Gate.io added a 331,889 NAFT time-limited bonus to NAFT/USDT liquidity pools at 4:00 am UTC today. NAFT/USDT pair has the highest 24-hour trading volume at 175,832.06 USDT. Experience Now!

      Add to NAFT Liquidity:
      https://www.gate.io/en/liquidity_add/NAFT_USDT
      NAFT trading link:
      https://www.gate.io/trade/NAFT_USDT





      To further enhance the user experience, Gate.io 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.io will continue to add support for more tokens in the coming future, so be sure to check our announcement board for future updates.


      Click here for the introduction of the new liquidity pool: Gate.io will upgrade some markets to automatic market maker (AMM) mode announcement (new 50% varying platform trading fee bonus)













      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.io Liquidity Mining Great for Low Volatility?
      Science: What You Need to Know About Investments in Liquidity Mining Products



      Gate.io is a Cryptocurrency Trading Platform Since 2013



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      Gate.io Team

      September 7, 2021





      Read the original article at gate-io

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