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WantToJoinFeifei

2023-12-06 11:07:14

Has liquidity mining stopped, and why is there no profit?

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SmallBerry

· 2023-12-06 11:21

GTHello, in order to improve market liquidity and encourage market participants to actively trade, Gate.io has abandoned the higher 0.3% fixed transaction fee model in the AMM model and adjusted it to use the low transaction fee model with VIP level discount (see Announcement https://www.gateex.cc/zh/article/33021 for details). Starting at 11:00 AM UTC+8 on June 23, Gate.io will cancel the platform GT reward pool in AMM mode. Liquidity providers will continue to enjoy a share of the trading fee rewards under the AMM model. Gate.io will continue to actively explore new reward models in the future to encourage liquidity. This is the announcement, you can take a look at it: https://www.gateex.cc/zh/article/33088

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