Gate.io Will List ClearDAO(CLH)

Gate.io is going to commence ClearDAO(CLH) trading on January 7 14:30pm, 2022 UTC.

About CLH:
ClearDAO is tackling the DeFi derivatives space by building the infrastructure for customizable derivatives. The Clear SDK provides templates and tools that enable developers and traders to easily create options, notes, futures, and swaps and launch marketplaces to facilitate the trading of these products. We are building a multi-chain eco where member exchanges offer unique derivative products, all powered by ClearDAO.

Token symbol：CLH
Website：https://www.cleardao.com

CLH/USDT Trading starts: January 7 14:30pm, 2022 UTC

Deposit CLH at https://www.gate.io/myaccount/deposit/CLH
Trade CLH in USDT market via: https://www.gate.io/trade/CLH_USDT

Gate will open an Automated Market Maker
(AMM ) for CLH, and launch an AMM “liquidity-mining” rewards. Users who
provide market liquidity by inserting liquidity in will get rewards from
the liquidity pool transaction fee and GT token rewards from the
liquidity reward pool. High annual rate rewards with security.

AMM Trading Market and AMM Liquidity Mining

Gate.io
has launched a new version of the liquidity pool (centralized automated
market maker (AMM) transaction service) on August 1st, 2021: allowing
most of the new currency and non-mainstream currency markets to obtain
the same liquidity advantage as Uniswap, and allows users to enjoy the
low-cost and high-quality user experience of the centralized platform.
Gate.io will continue to add different currencies, please pay close
attention to follow-up announcements.

The rules for markets to upgrade to the Automated Market Maker (AMM) model are as follows:

1)
Fixed 0.3% commission fee for both Taker and Maker (temporarily
consistent with Uniswap, subject to the needs of both market parties)
2)
A fixed percentage (such as 50%) of the transaction fee will
automatically be changed into GT through the open market and put into
the AMM Reward Pool.
3) Anyone can become a liquidity provider (LP)
and get the transaction fee rewards from the liquidity pool and the GT
rewards that are invested in the liquidity bonus pool.
4) Liquidity
providers provide liquidity to the market, but they need to bear in mind
the risk of impermanent losses. For example, if the market price
doubles, the impermanence loss is about 7%, and if the market price
drops back to the original point, the impermanence loss disappears.
5) Liquidity providers can take bonuses and withdraw at any time