Gate.ioisgoingtocommenceMoonbeamNetwork(GLMR)tradingon11thJan,2022(UTC)AboutMoonbeamNetwork:Glimmer(GLMR)istheutilitytokenoftheMoonbeamNetwork,Moonbeam’sprimarydeploymentonthePolkadotnetworkthatservesasadeveloper-friendlyparachain.MoonbeamisanEthereum-compatible,smart-contractparachainonPolkadot.ItdoesthisbyprovidingafullEVMimplementation,aWeb3-compatibleAPI,andbridgesthatconnectMoonbeamtoexistingEthereumnetworks.ThisallowsdeveloperstodeployexistingSoliditysmartcontractsandDAppfrontendstoMoonbeamwithminimalchanges.Tokensymbol:GLMRWebsite:https://moonbeam.networkMoonbeamNetwork(GLMR)Tradingstarts:11thJan,2022(UTC)(ThetradingwillstartoncethecirculationsupplymeetstheMinimumrequirement)DepositMoonbeamNetwork(GLMR)at:https://www.gate.io/myaccount/deposit/GLMRTradeMoonbeamNetwork(GLMR)inUSDTmarketvia:https://www.gate.io/cn/trade/GLMR_USDTTradeMoonbeamNetwork(GLMR)inETHmarketvia:https://www.gate.io/cn/trade/GLMR_ETHGate.ioisaCryptocurrencyTradingPlatformSince2013Topranking,Trustworthy,TransparentGatewillopenanAutomatedMarketMaker(AMM)forGLMR,andlaunchanAMM"liquidity-mining"rewards.UserswhoprovidemarketliquiditybyinsertingliquidityinwillgetrewardsfromliquiditypooltransactionfeeandGTtokenrewardsfromliquidityrewardpool.Highannualraterewardswithsecurity.AMMTradingMarketandAMMLiquidityMiningGate.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)LiquidityproviderscantakebonusandwithdrawatanytimeSignuptoenterthecryptogatewayandget40%commissionfromreferralsDownloadiOS/AndroidApprightnow.FollowusonsocialTwitter:https://twitter.com/gate_ioTelegram:https://t.me/gate_ioInstagram:https://www.instagram.com/gateioglobalMedium:https://medium.com/@gateioPodcast:https://gateio.buzzsprout.com/?ch=buzzsGate.ioTeam11thJan,2022
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