Gate.io is going to commence Good Games Guild（GGG) trading on Nov 11th, 2021 1:00 PM UTC.

AboutGoodGamesGuild:

GoodGamesGuildisaGamingHubthataimstocreatethelargestvirtualworldeconomybyoptimizingitsownedassetsformaximumutilitysuchassponsoringmillionsofplay-to-earngamers,investinginplay-to-earngamesalongwiththeirin-gameassets,andbuildingtoolstosupporttheecosystem.

Tokensymbol：GGG

TokenContract:0xd8047afecb86e44eff3add991b9f063ed4ca716b

Website：www.Goodgamesguild.com

GoodGamesGuild（GGG)/USDTTradingstarts:Nov.11th,20211:00PMUTC.

DepositGoodGamesGuild（GGG)athttps://www.gate.io/myaccount/deposit/GGG

TradeGoodGamesGuild（GGG)inUSDTmarketvia:https://www.gate.io/trade/GGG_USDT

GatewillopenanAutomatedMarketMaker(AMM)forGGG,andlaunchanAMM"liquidity-mining"rewards.UserswhoprovidemarketliquiditybyinsertingliqudityinwillgetrewardsfromliquiditypooltransactionfeeandGTtokenrewardsfromliquidityrewardpool.Highannualraterewardswithsecure.

AMMTradingMarketandAMMLiquidityMining

Gate.iohaslaunchedanewversionoftheliquiditypool(centralizedautomaticmarketmaker(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

Nov10,2021

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