100K $ALN x Gate.io AMM Liquidity Mining Reward Pools with 2,391.9% Annualized Yield

Gate.io AMM Pool and Liquidity Mining Rewards

ALN x Gate.io AMM-enabled Pools

  1. Fixed 0.3% commission fee for both Taker and Maker trades on the AMM pool. All trading fees generated by the AMM pool will be credited to the LPs.
  2. 50% of all trading fees generated by the existing spot trading market will be automatically converted into GT through the open market and added into the AMM Reward Pool. GT reward will be distributed linearly, updated per hour.
  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. LPs 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. LPs can remove the liquidity at any time. When they remove the liquidity, the fee generated with the AMM liquidity pool will be given to the LP.

100,000 ALN Bonus for Gate.io AMM Reward Pool

  • Start Time: 8th September 2021, 3AM UTC
  • End Time: 8th October 2021, 3AM UTC

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