Gate.ioisgoingtocommenceKintsugitradingonDecember27th,2021at13:30PM(UTC).AboutKintsugi:KintsugiisadecentralizednetworkthatallowscreationofkBTCisa1:1Bitcoin-backedasset,inatrustlessanddecentralizedmanner.Tokensymbol:KINTWebsite:https://kintsugi.interlay.io/KintsugiTradingstarts:December27th,2021at13:30PM(UTC).DepositKintsugiat：https://www.gate.io/cn/myaccount/deposit/KINTTradeKintsugiinUSDTmarketvia:https://www.gate.io/cn/trade/KINT_USDTTradeKintsugiinETHmarketvia:https://www.gate.io/cn/trade/KINT_ETHGate.ioisaCryptocurrencyTradingPlatformSince2013Topranking,Trustworthy,TransparentGatewillopenanAutomatedMarketMaker(AMM)forKINT,andlaunchanAMM"liquidity-mining"rewards.UserswhoprovidemarketliquiditybyinsertingliquidityinwillgetrewardsfromtheliquiditypooltransactionfeeandGTtokenrewardsfromtheliquidityrewardpool.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)LiquidityproviderscantakebonusesandwithdrawatanytimeSignuptoenterthecryptogatewayandget40%commissionfromreferralsDownloadiOS/AndroidApprightnow.Reachouttous!FollowusonsocialTwitter:https://twitter.com/gate_ioTelegram：https://t.me/gateioInstagram：https://www.instagram.com/gateioglobalMedium：https://medium.com/@gateioGate.ioTeamDecember27th,2021
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