Why Liquid Pool Mining Rewards Are No Longer Awarded

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Rainvip
· 2023-11-25 15:16
Thank you, should I spoil the pools now or will there be other prizes?
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SmallBerryvip
· 2023-11-25 15:13
Hello, 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 a low transaction fee model with VIP level discounts (see Announcement https://www.gateex.cc/zh/article/33021 for details). Starting at 11:00 AM UTC+8 on January 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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