Gate.ioisgoingtocommenceMELI(MELI)tradingat02:00PM(UTC),November4th2021.
AboutMELI:
MELIisaPVP/PVEbattlegameutilisingfullyplayableNFTswithindividualcharacteristics,in-gameitemsandlandguilds.PlayerscanbattlePvPorPvEtoearnMELIorPCEtokenrewards,upgradecharactersanditems,increaserankingandevencombinetwoNFTstocreateauniquecharacterNFTwithspecialabilities.AllNFTsintheMELIverseareplayableineveryotherMELIversegame,unleashingthefullpotentialofGamefi.
Tokensymbol:MELI
Website：https://meli.games/
MELI(MELI)Tradingstarts:02:00PM(UTC),November4th2021.
DepositMELI(MELI)at
TradeMELI(MELI)inUSDTmarketvia:
Gate.ioisaCryptocurrencyTradingPlatformSince2013
Topranking,Trustworthy,Transparent
GatewillopenanAutomatedMarketMaker(AMM)forMELI,andlaunchanAMM"liquidity-mining"rewards.UserswhoprovidemarketliquiditybyinsertingliquidityinwillgetrewardsfromtheliquiditypooltransactionfeeandGTtokenrewardsfromtheliquidityrewardpool.Highannualraterewardswithsecurity.
AMMTradingMarketandAMMLiquidityMining
Gate.iohaslaunchedanewversionoftheliquiditypool(centralizedautomatedmarketmaker(AMM)transactionservice)onAugust1st,2021:allowingmostofthenewcurrencyandnon-mainstreamcurrencymarketstoobtainthesameliquidityadvantageasUniswap,andallowsuserstoenjoythelow-costandhigh-qualityuserexperienceofthecentralizedplatform.Gate.iowillcontinuetoadddifferentcurrencies,pleasepaycloseattentiontofollow-upannouncements.
TherulesformarketstoupgradetotheAutomatedMarketMaker(AMM)modelareasfollows:
1)Fixed0.3%commissionfeeforbothTakerandMaker(temporarilyconsistentwithUniswap,subjecttotheneedsofbothmarketparties)
2)Afixedpercentage(suchas50%)ofthetransactionfeewillautomaticallybechangedintoGTthroughtheopenmarketandputintotheAMMRewardPool.
3)Anyonecanbecomealiquidityprovider(LP)andgetthetransactionfeerewardsfromtheliquiditypoolandtheGTrewardsthatareinvestedintheliquiditybonuspool.
4)Liquidityprovidersprovideliquiditytothemarket,buttheyneedtobearinmindtheriskofimpermanentlosses.Forexample,ifthemarketpricedoubles,theimpermanencelossisabout7%,andifthemarketpricedropsbacktotheoriginalpoint,theimpermanencelossdisappears.
5)Liquidityproviderscantakebonusandwithdrawatanytime
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Gate.ioTeam
November4th2021
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