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    Gate.io Announcement on USDT Trading Services of BABYDOGE Reverting to Normal Trading Mode

    Create Time:2022-01-21 05:43:40 UTCRead:39629

    Previously, Gate.io launched a new version of the liquidity mining pool (Automated Market Maker AMM) of the trading services of BABYDOGE/USDT. Presently, the above trading services have sufficient liquidity and active trading volume. Gate.io has reverted these trading services from AMM liquidity pool mode to normal trading mode (the commission returns to the normal rate, and the proportion of commission income of the trading market invested in the bonus pool is adjusted from 50% to 10%)

    Under the normal mode, the 0.3% commission under the original AMM mode will immediately return to the normal rate, but the participants in the liquidity pool can still receive the commission reward for the trading of the pool.

    In the meantime, under the principle of not affecting the user experience and avoiding too much impact on existing liquidity users, the 50% of commission income of the trading market under the original AMM mode will be adjusted to 10%, which will also be invested into the liquidity bonus pool.



    Gate.io will continue to add additional rewards in the liquidity bonus pool to enable more users to better participate in the liquidity mine pool. Please keep a close eye on the subsequent announcements.


    Gate.io has launched the Liquidity Mining Help Guide which offers common Q&A and procedures to help users. You can also join the Gate.io LM N Lending & Single-Asset Vault Group to share and discuss ideas with more users. The TG Group will bring more latest information on Liquidity Mining to you.

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    Gate.io Team
    January 21

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