AboutDNAxCAT:
DNAxCATcreatesadigitalcatpetworldwhereplayerscanraiseandbreedvariesofcutecatsandfightshouldertoshoulderintheadventureworldwithyourcats.
DNAxCATisalsoaneconomyinwhichownershipistotallydecidedbyplayers,allowingplayerstoseamlesslysellandtradetheirgameassetsintocryptocurrency.DNAxCATleadsthetrendofGameFiand“PlayToEarn”,allowingplayerstoearnbyplayinggames.
Tokensymbol：DXCT
TokenContract:0x5b1baec64af6dc54e6e04349315919129a6d3c23
Website：dnaxcat.io
DNAxCAT(DXCT)/USDTTradingstarts:Nov.5th,202110:00UTC.
DepositDNAxCAT(DXCT)athttps://www.gate.io/myaccount/deposit/DXCT
TradeDNAxCAT(DXCT)inUSDTmarketvia:https://www.gate.io/trade/DXCT_USDT
GatewillopenanAutomatedMarketMaker(AMM)forDXCT,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
Nov5th,2021
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