- Gate.io has officially enabled a new trading pair, ATH/USDT, offering an enhanced liquidity mining pool bonus.
- The platform introduces a time-limited bonus of 154,100 ATH, starting from June 28, 2024, at 8:00 UTC.
- Under the AMM mode, 50% of the trading fee is added to the liquidity bonus pool, with Taker and Maker fees adjusted to 0.3%.
Gate.io enables new ATH/USDT trading pair with enhanced liquidity mining bonuses and adjusted fees, offering significant earning opportunities.
New Development: ATH/USDT Trading Pair Launched
The ATH/USDT trading pair has been officially launched on Gate.io, introducing an improved version of the liquidity mining pool bonus known as Automated Market Maker (AMM). This move aims to enhance trading experiences and provide additional earning opportunities for users. Moreover, a substantial time-limited bonus of 154,100 ATH tokens has been included, starting from June 28, 2024, at 8:00 UTC.
What is ATH (ATH)
The ATH token represents a new cryptocurrency project aiming to integrate blockchain technology into various sectors. With a focus on decentralized finance (DeFi), ATH provides unique investment opportunities and aims to attract a broad range of stakeholders.
Token Economics of ATH (ATH)
- Token Name: ATH
- Token Symbol: ATH
- Max Supply: 1,000,000,000 ATH
- Token Type: ERC-20
How to Buy ATH (ATH)
- Begin by creating an account on our recommended exchange platform.
- Deposit an appropriate cryptocurrency (USDT) or fiat currency (Dollar, GBP, EURO).
- Search for the ATH (ATH)/USDT trading pair and place your purchase order.
- Once your order gets executed, safeguard your ATH (ATH) in your digital wallet.
Understanding Liquidity Mining and Its Benefits
Liquidity mining has become a cornerstone in decentralized finance (DeFi). By providing liquidity to the market, participants can earn trading fee revenue and reap rewards. Under the AMM mechanism, liquidity providers (LPs) deposit assets into liquidity pools, making trading more efficient by reducing slippage. The new adjustment on Gate.io ensures that 50% of trading fees contribute to the liquidity bonus pool, providing LPs with double the rewards including a 0.3% handling fee bonus.
In the liquidity mining process, there is a risk known as impermanent loss. This refers to the potential loss incurred due to price volatility of the deposited assets. Despite this risk, liquidity mining remains an appealing option, offering significant returns to participants who strategically manage their investments.
Conclusion
Gate.io’s launch of the ATH/USDT trading pair with enhanced liquidity mining bonuses and adjusted fees marks a significant development in the crypto trading arena. This initiative not only offers traders more earning opportunities but also strengthens the platform’s liquidity pools. As the cryptocurrency market continues to evolve, features like these will play a critical role in attracting and retaining active users, providing them with a secure and rewarding trading environment.
